PROS: Often cheaper - costs of recruitment, Quicker to recruit, Induction training kept to a minimum as this person already knows the company, Good motivation technique - promotion chances, CONS: New person may not add a different vision like an External person would, so the company may not actually benefit, Small talent pool - i.e. only your current employees, Might cause jealousy or resentment, The business now needs to fill the person’s original position,

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