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Why do many firms have have a policy of giving first consideration to current employes?

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Cost benefit and employee motivation are the prime reasons for the policy of the firms giving first consideration to current employees. Company policies are put in place to define the behavior expectations inside an organization and to outline the duties of both the employers and employees.

The administration of firm policies and processes aims to safeguard both the business interests of employers and the rights of employees. Various policies and procedures set the guidelines for employee behavior, attendance, dress code, privacy, and other areas connected to the terms and circumstances of employment depending on the needs of the firm.

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