Could someone explain to me what that term means and why it is used so much?
If you can answer that, then take a swing at these followups too:Are you afraid that the person is going to do too good of a job for you?You would be more than happy to buy your capital equipment at say, 50% off, why do you such a problem doing that with your emloyees?Even if the "overqualified" employee leaves in 6 months or a year, will you seriously be any worse off? Seriously. You will have had an excellent employee doing a great job for at a pay level that you will never see again. How can that set you behind even if you have to interview new candidates again. If you are really good at identifying perfect candidates (you aren't - nobody is), then you will be just fine. If you are lousy at identifying perfect candidates (you are - everybody is) then you will still be 6+ months to the good.
The word should be banned from the English language (all languages for that matter, assuming that other languages are as bad as English in this regards.)
I think part of the "overqualified" defense is that even businesses can have fragile egos, and so reject those thought to be unlikely to accept an offer.
Another issue is the perception that a position of no challenge will result in no effort. As elementary school teachers experience, a student who is too advanced for a class can be as disruptive as one who is struggling. And if you've seen Undercover Boss, the mindset of a CEO tends to be counterproductive at the pointy end of customer service.
I think the main reason, as you mentioned, is that frequent turnover is hugely expensive. It saps productivity of long-time employees who have to keep orienting and meeting new colleagues. Project hand-over from departing to incoming employee is also a source of inefficiency and error. Finally, many large corporations have a mandatory amount of initial training.
But there still is a lot of money being left on the table - in this case the money that the employer keeps by not paying full price for the qualifications of the worker.
The whole issue is particularly relevent in this economy given high unemployment.
I haven't see Undercover Boss.
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