That's why it's so important to reward hard working employees by giving them the opportunity to move up in the company when there is an available job opening. Great employees are much more likely to stay if they know that there is a chance for upward mobility. Besides improving employee morale, below are several reasons why you should consider promoting employees from within instead of looking for outside talent:
They Have a Proven Track Record of Performance
The best part about promoting someone from within your company is that they already have a proven track record. You can trust that they will show up every day and execute because they have already proven themselves over time.
Relationships
Another perk is that your customers and vendors are already familiar with them. This means they will be able to do business and close deals faster because they already have a solid foundation.
The Trust Factor
Everyone knows that trust is earned over time. Since you know their character and other traits, you can rest easy that they will do everything possible to successfully do their job.
Less Time Needed to Train Them
The best part of promoting from within is that the employee can usually hit the ground running once they start their new position. Since they're already familiar with the company's policies and procedures you can save some time and training them more specifically to the new tasks that they’d be taking on.
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