Inexperienced, cheap workers vs experienced, expensive workers

Inexperienced, cheap workers vs. experienced, expensive
workers
Some employers prefer to hire people who have work experiences
and pay them higher salaries. They may think that if they want to
make a success in business, they have to do so. If I were an
employer, however, I would rather hire the inexperienced
employees and paid them relatively lower salaries. I do not care
about whether experiences an employee has or not, I really care
about the cost. Besides, it needs not only experiences to do a job
well and experienced workers may not definitely be suitable to
certain job position.
Hiring an experienced employee to do a job that he has experienced
means that he can easily make the job done or do it efficiently. But
here is the problem. I am a poor boss. As a young man, I have not
earned much money myself. The experienced worker always asks
too high salary to afford at my present financial condition. If I
managed to pay employees higher salaries, it would probably push
me to close my business eventually.
So, I need to hire the inexperienced workers with lower salaries to
cut down the cost of my business.
To run business well, I have to consider a lot of other factors of an
employee, not only the employee`s experience. Is the employee loyal
to me? Could he probably cheat me in business operation? I really
concern with these questions. If he chose to be not loyal to
me or chose to cheat me at work, the experiences he has would be
useless for my business. Considering of this, I would rather hire a
worker who is inexperienced but loyal to me and trustworthy.
An employee who has a lot of experiences does not always mean
that he is just suitable to an assigned job. Someone who has
experiences does not mean that he has experienced just this present
job. His experiences are simply related with his former jobs.

Everything can be changed over time and the needs for the same job
can be changed, too. So, if I hired an experienced worker, perhaps I
would still have to train him for just the present job again. Thus, if I


have to train an experienced employee and pay him higher salary,
why not train an inexperienced employee and pay him lower salary,
now that I have to train any employee anyway? The cost of training
is just the same, but the salaries I have to pay later are different: the
former is higher; the latter, lower. Anyone who has normal sense
will definitely choose the latter: the inexperienced but cheaper
employee.
In short, taking the cost, the suitability and the loyalty and honesty
of employees into consideration, if I were an employer, I would
definitely hire the inexperienced employees and pay them lower
salaries.