If you hire someone outside to fill a position, you plug a hole and everything is fine.
If you promote someone to fill a position, you plug a hole, but cause another to be opened, which can then repeat this process at a lower level, sometimes several times.
If you hire someone outside, you only have to negotiate with and train 1 person.
If you promote someone, you now have to negotiate with and train 2+ people.
Basically, it is less work to hire externally on many people’s parts, so they gravitate more towards hiring them.
Latest Answers