Redeployment is an effective way for organisations to keep talent in-house, and is a tangible way an organisation can show that it is committed to retaining the talent of current employees.
Proactive redeployment programs can also assist in enhancing employer brand, as it maintains goodwill among employees. A positive transfer experience for an employee can assist in building engagement and demonstrate to all employees the organisation’s commitment to retaining talented employees. Maintaining and managing the perception of employer brand is vital during times of change.
It makes considerable economic sense to hire from within when one considers:
- The external cost of recruitment
- The cost of redundancy
- The cost of training and understanding the new role
- The lack of corporate knowledge and networks