Boomerang employees: a growing trend in the workforce

A person may leave a company for what appears to be a better opportunity or because they feel they have completed a cycle. Their departure, while amicable, often leaves the inevitable "bad taste" typically associated with resignations. Yet, the company's doors remain open. Through these open doors, the individual might return to the company, possibly in a new role or the same one, but with a refreshed perspective and new skills.

What are Boomerang Employees

Who are we referring to? The answer is "boomerang employees," a phenomenon becoming more common in a business world that recognizes that resigning doesn't necessarily equate to "betrayal" and remains open to the idea of welcoming former employees back.

This trend, which is becoming more accepted, is transforming how companies view talent acquisition and retention strategies. While not entirely new, its prominence has grown. A survey conducted by the Workforce Institute at UKG in 2015 highlighted a significant shift in HR professionals' attitudes toward rehiring former employees. Previously, nearly half of HR professionals were against rehiring former employees; the survey revealed that 70 percent are now open to the idea.

Interestingly, while only 15 percent of employees have actually returned to their former employers, nearly 40 percent are open to the idea. This willingness varies by generation, with Millennials being the most receptive to returning. Recent international surveys indicate that nearly 20% of employees who left their jobs during the pandemic have gone back to their previous employers.

READ MORE | Why managers are feeling overwhelmed

Growth over loyalty

A key factor driving the trend of boomerang employees is the emphasis on maintaining strong professional networks. With platforms like LinkedIn facilitating networking and job searches, people are more open to exploring various career paths and opportunities. This mobility does not necessarily indicate a lack of loyalty but rather a quest for growth and development.

Benefits for Employers

For employers, embracing boomerang employees offers several advantages. These individuals bring valuable institutional knowledge and experience, reducing the resources needed for onboarding. Their familiarity with the company culture aids in smoother transitions and enhanced team.

Rehiring former employees can also be cost-effective, as the recruitment process is generally shorter and requires fewer resources than hiring new external candidates. However, to maximize the benefits of boomerang employees, organizations should take proactive steps, such as developing a positive alumni network and fostering open communication.

Creating an Attractive Work Environment

Moreover, companies should strive to create an appealing work environment that entices alumni to come back. This includes offering competitive compensation, career advancement opportunities, and a supportive culture that prioritizes employee growth and development.

READ MORE | Scared of quiet firing? Here's how to prepare

Pros and Cons of Rehiring

• Pros:
  • Familiarity with organizational culture and procedures.
  • Quicker and smoother team integration.
  • New ideas and valuable perspectives from previous company experience.
  • Opportunity to maintain and strengthen ties with talented, high-performing individuals.
• Cons:
  • Potential for resentment or conflict with employees who weren't given a chance to return.
  • Risk of repeating past issues that led to the initial departure.
  • Reduced diversity of thought and experience if rehiring former employees becomes a pattern.
  • Challenges in managing boomerang employees' expectations regarding professional growth and career development.