Hiring internal candidates can lead to which of the following organizational benefits?

Hiring internal candidates can indeed contribute to improved employee retention within an organization. When employees are given opportunities for advancement and career progression internally, they feel valued and recognized for their contributions. This can lead to increased job satisfaction and loyalty, reducing the likelihood of them seeking opportunities elsewhere. Internal hiring often fosters a culture of growth and development, encouraging employees to invest more in their work and the organization as a whole.

In contrast, options that involve higher recruitment marketing costs, increased turnover, or reduced competency levels do not align with the benefits typically associated with hiring from within. Organizations that promote internal candidates generally experience lower recruitment costs since they may not need to engage in extensive external marketing efforts. Additionally, promoting from within can help maintain knowledge continuity and preserve organizational culture, often leading to enhanced competency levels rather than a decline. Thus, internal hiring is instrumental in fostering an environment where employees feel part of the organization's journey and are more likely to remain with it for the long term.