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.

💡

Learn more about Job Bidding.

More on recruitment and selection: Competitive Insourcing, Employee Value Proposition, Online Recruiting.

You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA.

MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.

We like to keep things short, and provide links to learn more about your subject.

Add MBA Brief to your desktop / iPad