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4.2 Task2 (e2) Internal and external labour market Internal labour market The internal labour market deals with the Tower of London looking to employ people within the business. They can be done by employees get promoted to higher positions or move to different stores. It can also plan to its workforce. Weather the Tower of London can meet its future workforce requirement from existing employees may depend on a number of factors. An example of this is when the Tower of London promotes a member staff to a higher position. External labour market This is when the Tower of London look to plan to employ workers from outside the organisation. There are also local and national factors that have to be taken into account by the Tower of London when planning its external employee requirements. The Tower of London would be interested in the local unemployment rates. Unemployment is the internationally agreed definition...

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