In short, yes. An overqualified candidate may very well aspire to new levels in your company—beyond the position for which he or she has applied. But in reality, the quality of the talent you have on board is an investment in the success and future of your company. So when you’re considering someone who is qualified beyond what a position requires, you’ll want to think about a few important points to ensure you make the right decision.
Overqualified candidates—concerns versus advantages
Hiring an overqualified candidate can present certain concerns to an employer. For example, you may be worried that an overqualified candidate:
- Could get bored and leave when another opportunity comes around.
- Will want more money than the position pays.
- May not fully understand the job description, thinking it’s more than what it is.
- May simply become dissatisfied with the job.
Every hiring decision comes with its risks. But you may find that the possible benefits of hiring an overqualified candidate far outweigh the potential negatives. Advantages can include:
- Top talent are easy to train and manage. Most likely, an overqualified candidate is also a smart candidate. That means your job of onboarding will be that much easier. And if the candidate is positive and motivated, as many talented individuals are, you won’t have any issues managing the person. In fact, an overqualified candidate may mostly manage themselves.
- They work faster. Along this same line, a smart candidate that learns quickly can also accomplish tasks faster—helping improve your efficiency.
- You’ll get more for less. If a candidate has knowingly applied to a job for which he or she is overqualified, it’s not likely that the candidate will demand more money. What that means to you is high-quality work—with growth and promotion potential—at a lower price.
- Top talent bring value, even in the short term. Someone with extensive knowledge and skills will bring all this wisdom to your company. An overqualified candidate may be able to help you expand or improve the position to which they’ve applied. Or, they may have input on how to update processes, policies or procedures within your company. Whatever the case, even if the person leaves after a short time, he or she will undoubtedly bring value to your organization.
Carefully weigh the pros and cons
Before you make your decision, you’ll want to make sure you weigh the potential negatives of hiring an overqualified worker—but also consider the possible benefits they can bring to your workforce. In the end, it all depends on what you’re comfortable with and what your workforce can accommodate.
Looking for new candidates?
If you are looking to supplement your workforce with best-matched candidates, look no further than McGrath Systems. We place candidates with backgrounds in engineering, IT, Web development, marketing and clerical. And we’ll work with you to find and place highly qualified candidates that match well with your organization. To learn more, contact McGrath Systems today.