Canadian employers are increasingly hiring “underqualified” staff, according to a new report by recruiter Robert Walters, and they are suffering costly consequences.
Almost half (48%) of employers say that budget cuts are the main reason for recruiting challenges. But the problem goes far beyond that of finance, says Jean-Nicolas Reyt, associate professor of organizational behaviour at McGill University.
“Cheap becomes expensive,” he says. “Sometimes having an unqualified person doing a complex job can be so much more expensive than just the little money you saved by not hiring somebody competent.”
