Many employers try to avoid hiring job candidates who appear to be overqualified out of fear that the workers could ultimately become bored and leave for greener pastures.
However, according to a recent Business Insider article, now might be the time to actually make the leap and hire such people, as the talent pool is growing rapidly.
Additionally, research conducted by Berrin Erdogan, a management professor at Portland State University, indicates that employees can often perform better if they are overqualified. The research also demonstrated that people do not typically leave a job because they feel they are too talented, particularly in difficult economic times such as these.
"People don't stay or leave a company because of their skills," said Erdogan. "They stay or leave because of working conditions."
Hiring an employee that may seem overqualified for the job can benefit an employer who looks at the big picture, as the worker can potentially advance within the company overtime, Claudio Fernandez-Araoz, author of "The Definitive Guide to Recruiting in Good Times and Bad," told the news source.
According to the CBS Interactive Business Network, hiring overqualified candidates can also be useful for new businesses looking to make a name for themselves as well as companies looking for strong mentors for younger employees.
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