Promotion is one of the human resource’s core tasks that determine the direction of an organization. As simple as it may sound, it is one of the difficult undertakings that keep human resource managers hoping that the decision they make will help the organization achieve its goals. The hardest part is choosing one person to fill a vacant position from a large stack of resumes from many potential applicants, some of whom have been within the organization and those who have never worked there but have impressive CVs. Which would be the best choice? The person who has worked within the organization doing a great job, working hard to help the organization achieve its goals or a new face with an impressive CV but has not worked within the organization and has not been tested before? The reality here is, you have all these options at your disposal. Here are the benefits of promoting employees internally that might help you make the right decision:

The coronavirus pandemic has wrecked many industries across the globe, leaving many companies and individuals struggling to survive. Although almost all businesses, both big and small, have been affected by the pandemic, small ones have encountered the most damage. According to a report filed by the National Federation of Independent Business (NFIB), as early as March 30^th, that was early in the crisis, 92% of small businesses had already suffered significantly from the effects of the pandemic. Only 5% of small business owners had not experienced the challenges yet. Nine months into the pandemic, most of the small businesses that had not been affected are now counting losses with others having to shut down completely.

Amid the coronavirus pandemic, there is something odd that is taking place. There is a growing disagreement on how the future of the workplace will look like. While some professionals believe that the workplace will still be done in the office, many people are beginning to see otherwise. It is fast emerging that the future of the workplace is remote working. After COVID-19 forced organizations to shut their physical offices and shifted to working from home, it has emerged that remote working is a viable alternative for many companies.