What does publicizing a job vacancy on the company intranet and bulletin boards refer to?

Publicizing a job vacancy on the company intranet and bulletin boards is classified as job posting. This practice involves advertising open positions specifically within the organization to attract current employees to apply for promotions or lateral moves. Job posting is an effective way to leverage internal talent, allowing existing staff to discover opportunities for career growth while reducing the need to recruit externally.

This approach is beneficial as it encourages employee engagement and development, enhancing retention by showing employees that they have opportunities for advancement within the company. By using internal platforms, organizations streamline the application process for their current employees, making it easier to fill positions with individuals who are already familiar with the company culture and values.