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It pays to promote from within

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in HR Management,Human Resources

Outside hires typically take twice as long to reach full productivity as in-house hires, and executives and managers can take even longer, according to a study by Mellon's Human Resources & Investor Solutions Service. The study says executives hired externally take 26 weeks on average to complete learning curves, compared to 16 weeks for inside hires. The figures ring in at 25 weeks compared to 14 weeks for managers, 20 weeks versus 12 weeks for professionals and 12 weeks versus eight weeks for clerical workers. Internal hires exhibit 50 percent fewer unproductive days during their learning periods.

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