Employee development may not be the top priority for your company, especially in a tight labor market where hiring is more competitive than ever. However, investing in skills training and creating career paths could help you keep your most promising employees.
Above and Beyond: 5 Reasons You Should Hire Overqualified Candidates
With the unemployment rate at 4.3% in May 2017, the current economic situation is forcing many employees to apply for positions that don’t match their skills and salary level. Yet employers in practically every industry are having difficulty finding candidates to fill open positions. The number of open jobs as reported by the Bureau of Labor and Statistics hit a record high of 6 million on the last business day of April. There is a general imbalance in candidate skill...