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Unformatted text preview: Business Seminar April 22, 2008 In this paper, I want to talk about the benefits of promoting within a company, specifically Gordon Food Services. My background has involved four years of experience in the grocery retail business as a sales associate. My first three years were at a small scale family owned store. The past year I have been a sales associate at GFS in Niles, Ohio. Along with my experience, I will also have my associate’s degree in Business Management in December 2008. About six months ago, the company externally hired an assistant manager that had no experience with GFS. It was at that point I realized how it doing that can have a large affect on a store. I will now explain the different factors to think about when externally hiring instead of promoting within. The salary of an employee is probably the most important factor to any company, because it could involve spending more or saving money. When talking about internal versus external hiring, there is no salary cost difference between the two options. The only thing that changes the amount a manager is getting paid is the number of years...
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This note was uploaded on 05/04/2008 for the course BMRT 21009 taught by Professor Daubner during the Spring '08 term at Kent State.
- Spring '08