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Basics of how internal and external hiring works.
http://www.sciencedirect.com/science/article/pii/S0927537104000090 -
Some companies take a risk and hire new foreign employee's, yet others take the time to train the hiring managers to improve their selection.
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Those internally promoted to a position earn 15% more than those being externally recruited to the same position. http://eds.a.ebscohost.com.ezproxy.lib.usf.edu/ehost/detail/detail?sid=2e5735b2-d744-44de-bc1f-ab47a41c425a@sessionmgr4005&vid=3&resultId=9&theDisplayFormat=CitationAndFullText&ReturnUrl=%252fehost%252fresults%252fresultlist%253fsid%253d2e5735b2-d744-44de-bc1f-ab47a41c425a%2540sessionmgr4005%2526vid%253d3%2526resultId%253d_resultId_
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Are your techniques for hiring really as great as you think they are?
http://eds.a.ebscohost.com.ezproxy.lib.usf.edu/ehost/detail/detail?sid=2e5735b2-d744-44de-bc1f-ab47a41c425a@sessionmgr4005&vid=2&resultId=2&theDisplayFormat=CitationAndFullText&ReturnUrl=%252fehost%252fresults%252fresultlist%253fsid%253d2e5735b2-d744-44de-bc1f-ab47a41c425a%2540sessionmgr4005%2526vid%253d2%2526resultId%253d_resultId_ -
Outsiders bring new found knowledge and skills to a company.
Studies show that incoming employees are paid 18% more than employees with similar positions.
http://search.proquest.com.ezproxy.lib.usf.edu/docview/1008684642 -
You are gambling on who your next employee may be