Job Bidding

   

Definition: Job Bidding is a process in which an employer requires applicants or contractors to compete with each other for a job. Depending on the bids received (a pay amount or salary), the employer or principal will invite the best ones for their further selection process.

Job bidding is also used as a term for posting a job internally to give existing employees a chance to apply for the position before external applicants can.

Similar term: competitive insourcing.


   

   

More on job bidding.
More on recruitment and selection: Competitive Insourcing.



   

MBA Brief offers brief, yet very accurate definitions of MBA concepts, frameworks, methods and models. We keep it short and provide some links in case you'd like to learn more around a subject.




© 2020 MBA Brief - Last updated: 16-7-2020  -  Privacy   |   Terms