The Boomerang Effect: Welcome Back Your Valuable Boomerang Employees
The Power of Boomerang Employees for Business Success 🔥
Welcome Back Friends,
After reading that Meta rehiring staff after massive job cuts, we believe it is interesting to share some thoughts on this. Today, we're delving into an intriguing topic that has been gaining momentum in the world of HR and business: Boomerang Employees. Whether you have never heard of this term or are already familiar with it, we would love to hear more of your feedback and thoughts :)
What is Boomerang Employee?
TLDR, A "Boomerang Employee" refers to a person who once worked for a company, left for a period, and then later decided to return (or company ask) to work for the same organization. These people, like a boomerang that comes back to its thrower, rejoin their former employers after some time away. But what are the Pros and Cons of doing this? Let’s delve into more.
Benefits of Boomerang Employees 👏
According to SHRM, "Hiring and onboarding a new employee is much more expensive and time-consuming than rehiring and reboarding former employees," said Christina Gialleli, director of people operations at Epignosis, a learning technology software provider. "Boomerang employees are already familiar with the company, the products, the processes, and can be productive much more quickly." Yes, but besides of the Familiarity Breeds Efficiency, there are also:
A Proven Cultural Fit: Boomerang employees have already demonstrated that they align with your company's values and culture. This can reduce the risk of hiring someone whose values don't align with your organization's, leading to a more harmonious workplace.
Expanded Networks and Skills: Employees who leave and return often bring with them new skills and a broader network of contacts. This can infuse fresh perspectives and potential collaborations into your organization, enhancing innovation and growth.
Increased Employee Engagement: The act of returning to a former employer can indicate a strong connection and loyalty to the organization. Boomerang employees may be more engaged and committed to their roles, as they have chosen to return voluntarily.
However, what about the employee who got let go/laid off? comment below to share us with your thoughts!
Cons of Boomerang Employees! 😨
According to Indeed, Hiring boomerang employees can bring potential challenges, including workplace drama, the risk of overlooking better candidates, flight risk if past issues persist, and potential personality or expectation mismatches. And we would like to add more value points of view from our professional team:
Stagnation of Fresh Ideas: Creativity. Rehiring former employees might risk stagnation in terms of fresh ideas and diverse perspectives. Without fresh blood, your organization could miss out on new trends and innovation. :(
Potential Disruption in Team Dynamics: Reintegrating a Boomerang Employee into existing teams can sometimes disrupt established team dynamics. It may require extra effort to ensure a smooth transition without causing friction. (what if someone just don’t get along with this person..?)
Salary Expectations and Equity: Yes, it is true. Former employees may expect a significant salary increase upon their return, especially if they've gained new skills and experience elsewhere. Balancing their expectations with your organization's salary structure can be challenging. Make your decision carefully!
Once again, comment below and tell us what do you think on this!
Conclusion: Embrace the Boomerang Effect
In conclusion, Boomerang Employees can be a valuable asset to your organization when managed thoughtfully. They bring a unique blend of experience, familiarity, and skills. However, it's essential to weigh the benefits against the potential drawbacks and make informed decisions about welcoming them back. When done right, the Boomerang Effect can contribute positively to your company's growth and success.
Right now, we are offering Free 1:1 consultation, especially for small business! Please contact us (hello@snowflair.com) and we would like to see how we can be helpful for your business!
Stay tuned for future snowflair post!
