Or is it just a term made up to find an easier reason to reject job applicants?
So it looks like the consensus is “overqualified” is a euphemism for
- “I’m afraid you’ll leave this job because I’m assuming you’ll have better chances elsewhere” aka “you won’t accept being my slave forever due to lack of opportunities”
- “I’m afraid you might actually understand how shitty it is here and want to improve things. can’t have that”
- “I don’t want to figure out how much to pay you when you know your worth”
- “You cost too much”
- “I have other reasons, but won’t say them”
The guy with the PhD is much more likely to get frustrated to the point that they’re either quitting early or stirring up trouble to “improve” things. Both cost money. That’s a risk most employers aren’t likely to take.