Our friend Diane Gubin, President of Techexecpartners.com poses an interesting question in her newsletter. We thought we would post this and let you share. Given the current economic downturn, this is a buyer’s market for employers and as such you may be able to recruit more talented job candidates with greater skill sets. But you have to be bold and act now while quality candidates are in search of work.
The other thing, make sure to check them out with careful preemployment screening. By running a series of background checks, you can determine if you are recruiting a true value in your employment candidate or merely a discard. With the economic downturn, employers are using the recession as an excuse to get rid of their dead wood as well as, due to economic necessity, their more valued employees. So be sure to check themout before you hire.
From Diane–
WHY YOU SHOULD HIRE OVERQUALIFIED CANDIDATES!
With the economy rapidly plunging, there is a plethora of “overqualified” candidates available.
Overqualified can be defined as candidates who may have more experience and education than the position requires. These candidates are now willing to work in positions below their skill set at a lower market value. For example, we’re seeing chief financial officers now applying to work as accountants or financial analysts.
Some hiring managers s
Positive Aspects: Why You SHOULD hire overqualified candidates:
In today’s economy, there aren’t jobs available for candidates to move to. Many once healthy industries are now defunct. Candidates who make the transition to new firms say they are sincerely interested in stability and long-term success.
And candidates know that their compensation in prior positions has no bearing on what pay they may receive for a similar position in another firm. If a job is being outsourced, a candidate is more interested in maintaining a working career and a paycheck than quibbling over a salary differential, even if the difference is $20,000 or more. People are grateful for work.
We’re hearing that some companies have cut too many employees. This is an excellent time to hire and round out a team. This is a rare time when so many excellent people with strong skills and advanced degrees are immediately available.
Overqualified candidates are our neighbors. We want to keep people in our community employed. We can’t wait for the government and stimulus packages.
There are currently countless outstanding candidates for every open job. More people are in the process of losing their homes. They are eager for meaningful work and a paycheck. If you have a job opening, someone unemployed and available is waiting and ready to go to work for you today.
