internal
advantages
- lower risk
- saves money
- saves time
- improves motivation
- smoother transition disadvantages
- limited pool
- no new ideas
- internal vacancy
- conflict
external
- recruitment agencies: basically outsourcing finding candidates
- headhunters: recruit people on behalf of employer
- government agencies: help people find employment
- online recruitment platforms: LinkedIn
advantages
- many people to choose from
- new ideas
- motivational impacts ⇒ new ideas to INSPIRE and REVOLUTIONALIZE the INDUSTRY AS we KNOW it disadvantage
- costly
- greater risk
- time consuming
- demotivating to people who applied but were not successful this time