As the HR professional at ABC Credit Union, and we are a relatively small organization with five branch locations that is experiencing rapid growth...

As the HR professional at ABC Credit Union, and we are a relatively small organization with five branch locations that is experiencing rapid growth and expansion to 10 branches. Historically, the company has always recruited for job openings from outside the firm in order to hire the most "qualified and experienced" employees for the job. The director has now asked me to research and recommend a policy for promotion from within. She is particularly concerned about the effects on employee morale when internal people who apply for positions are not selected. What are the various procedures for considering internal employees? What are the advantages and disadvantages for each? How might a policy or procedure address her concerns?