With the current lack of bonds between employer and employee, you must consider that all your employees are in this condition.
With the current lack of bonds between employer and employee, you must consider that all your employees are in this condition.
The story is just a rationalization for whatever you want to believe. You could simply evaluate the candidates record of tenure at earlier companies, ask them about their motivations etc. to get some idea of whether they plan to jump ship just like any other candidate.
We all know that our idea of what a job is before we pick it is much different after we work there for 3 months.
People are always looking to leave. More money is made leaving. Companies aren't willing to adequately pay to retain talent.
[Edit: that's the employer's logic. Right now I'm on the wrong side of that equation, but I can understand their concern. Even if it's true that you really want the job and not that "better" job that might not even exist or you may not really consider "better".]
https://hbr.org/2010/12/the-myth-of-the-overqualified-worker
It may be that overqualified workers don't in fact leave sooner - or it may be that the hiring manager correctly identified those who would and wouldn't, and only hired the latter. By studying only the people already hired, it's impossible to tell.
The study was done properly. Have a read of: http://today.uconn.edu/2010/08/over-qualified-not-really/ which provides better detail.
From what I can tell, they tracked the jobs they took, but not the jobs they were denied for, so I don't see how they could've accounted for the selection bias.
Assuming you are not a complete muppet and have built mechanisms into your company culture to provide for rapid knowledge transfer, of course.
Or, it could be that you offer something that a lot of other work environments don't. Kind, friendly people, a fun-yet-professional atmosphere, remote work, generous vacation, etc.
Personally, I expect that every member of my team will matriculate out at some point. What's the harm in bringing somebody in that, assuming culture fit, will bring more benefit to my organization than I'm paying for?
That's good - if your organization (even if not your team) has a need for the people that now have souped-up skills.
There is a limit on how much salary anyone can command in a purely technical position. And at some point in a career there is so much critical information in your head at a company that they start paying for you to 'not leave' rather than 'compatible salary'. You can't pick up that 'don't leave' premium at the new job until you're indispensable.
Working through that value equation can be hard, especially if you don't have a lot of self awareness to begin with.
I'm still figuring out ways to not get into a rut like that...
The longer you're at a big company, the more you get used to it, and the harder it is when it's time to move on. I worked at a big SV company for ~4 years, did extremely well, stack ranked in the top 5%, got raises, my last review I got a "critical talent stock award" -- it's easy when that's happening to imagine yourself there forever.
Then over about 6 months my division was divested, my manager was replaced, and a bunch of us in the old regime got laid off at once. It was heartbreaking, I was in shock. I bought my first house there, had 2 kids as an employee. Transitioned really to a fully-formed adult there. The work was interesting and I had a wonderful team. The job was a part of me, and I went from blessed top performer to the soup line in a matter of months.
But that's what happens when you don't manage your career really hard. If I had been smart/ruthless, I would have moved diagonally to a new company and started making a name before they had the chance to make a move on me. But I fell for the siren song (and vesting schedule) of the Big Corp. This isn't an unusual story.