Can a company not hire someone because they are over qualified? Why would a company not want someone more than qualified for a position if the pay is the same for someone less qualified?
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Drublic
ANSWERS: 4
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That person is more likely to leave the job. If they are overqualified and under paid, there isn't much reason to stay long term.
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A company would budget for a position. If an over qualified person were to be given the position at the budgeted salary amount then the company would expect to see that staff member take a job elsewhere when it became available. Even if the company were able to pay the staff member a wage equal to their ability -- why would the staff member want to stay in a low level position in which they could not exercise their abilities and skills?
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For many companies there is a high cost in training. They do not wish to waste that investment.
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Overqualified applicants are a potential liability for many reasons. Some may be seeking to gain access to corporate insider knowledge which they will bring to their next job position with the company's competition. Some are just looking for a short term paycheck until something more lucrative in their field opens, and all of the paperwork, insurance processing, and training amounts to wasted company funding. Employers also have to deal with the fact that hiring an overqualified person can cause internal personnel issues. The overqualified person usually looks best on paper when it comes time for internal promotion considerations, and those with seniority and continuity are at risk of being overlooked. There are dozens of reasons.
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