What are the advantages and disadvantages of internal versus external recruiting in terms of talent supply, time, cost, and quality of recruitment?

Initial Post
In this discussion, you’ll review internal and external recruiting philosophies, strategies, and organizational impacts in your materials. You will then discuss the uses of both, including advantages and disadvantages in terms of talent supply, time, cost, and quality of recruitment and their impacts on the organization.

Finally, you’ll evaluate the importance of employee referrals in your own industry or organization where you work.

Respond to the following questions in your discussion post:

What are the advantages and disadvantages of internal versus external recruiting in terms of talent supply, time, cost, and quality of recruitment?

How does the choice to recruit internally or externally impact the organization?