Boomerang Employees: All You Need To Know About Them
Not long ago, the concept of boomerang employees was a little out of the ordinary. Such workers were sometimes stigmatized, with the notion that they couldn't "make it" outside the safe haven of their former employer. Even the employers preferred not to rehire those who had freely quit their positions. But today, when employers scramble to fill recurring vacancies in their workforces, these so-called "boomerang employees" are finding a more accepting audience.
This article explores the boomerang phenomenon in more detail since it is likely to persist as the workforce landscape changes due to the pandemic.
Who Are Boomerang Employees?
"Boomerang employees" refers to employees who return to their former employers. They are the ones who return to their previous workplaces in pursuit of better compensation and more accommodating schedules, with companies seizing the opportunity to rehire "brilliant people they know are trustworthy."
Here’s Brian Nagele’s (CEO and hiring manager of Restaurant Clicks) take on the current state of boomerang employees in the U.S:
Boomerang employees are making a high comeback in the face of the Great Resignation. With existing staff numbers dwindling, more companies are becoming open to hiring past employees. Despite how things may look, there are still plenty of job seekers on the market who are ready and willing to return to previous roles.
The Rise of The Boomerang Employees Trend
Although the concept of boomerang employees is not new, the COVID-related waves of layoffs and attrition, along with the Great Resignation, have increased the number of workers who want to return to their previous employers.
In a research conducted in 2022 on more than 2,500 employees by a job search website, it was discovered that 72% of those who left their positions felt "surprise or regret" since the new job or firm they joined turned out to be "quite different" from what they were led to believe.
Another data from LinkedIn says:
Of all new hires among companies on LinkedIn, 4.5% were boomerang workers in 2021, compared to 3.9% in 2019.
People like Steve Jobs, Steve Huffman (the co-founder of Reddit), and LeBron James have all left their high-profile positions and then returned to the same firm, increasing the popularity of this practice.
Is Hiring Boomerang Employees A Good Idea or A Poor Solution?
Although it is inevitable for employees to depart for "greener pastures," there are several instances in which this is not always the case. And that's when workers come back to work for your company.
Personally, I think there is some room for skepticism when it comes to rehiring former employees. But without a doubt, if the motives and ethics of these employees are in the right place, it can be beneficial.
Some boomerang employees would want to feel at ease returning to a familiar workplace. In contrast, some others could feel trapped at the same time.
But just as time evolves, so does the human spirit.
Therefore, this decision could either be your best or worst to date. And when it comes time to make your final decision, keeping a list of the benefits and drawbacks of having boomerang employees can be useful.
Pros Of Having Boomerang Employees
They know your company well. Thus, they are familiar with job duties and job expectations.
Avoid hiring someone you've previously worked with merely based on familiarity. their work ethic, abilities, and general demeanor.
You know the quality of their work and, thus, know what to expect in terms of quality and quantity of work.
3. Easy and economical onboarding
You can expect a very less time-consuming and much more cost-effective onboarding process.
Boomerang employees are more in demand than new employees in the US. Surveys suggest that 75 percent of companies prefer hiring boomerang employees over new employees. This hiring of boomerang employees is trending in many US companies because it is cost-efficient and less of a hassle. - Layla Acharya, the owner of EdWize.
4. Internal employer branding
When they see people returning voluntarily, your current employees gain trust in you and your brand. It will be a huge help when it comes to retaining your current employees.
Here's an exciting podcast to learn more about employer branding:
The exposure and expertise boomerang employees bring back will increase their value, which is another advantage for the firm.
Boomerang employees might return with crucial market data and long-awaited fresh ideas if they previously joined a rival company.
Now, let’s look at the other side of the coin.
The Cons Of Having Boomerang Employees
1. Non-willingness to adapt
Boomerang workers may resist change and newer practices and want the workplace to stay the same, resulting in disharmony.
2. Rekindles old disputes
Rehiring former workers may rekindle previous disputes. Additionally, there is always a chance that some current workers would resent a rehire, particularly if they are given a position that is more important than the one they previously held.
3. A decline in dependability and responsibility
They might have had a legitimate reason for leaving, which is why you let them go. Thus, the reliability and accountability criteria are hampered by their return.
4. Interviewing the boomerang employees
Generally speaking, hiring a boomerang employee should be the same as hiring any other employee. However, certain details need to be treated with caution. Some questions should be asked to a prospective boomerang worker that is unnecessary for first-time hires. For example:
- What did you like/dislike about your last company?
- How is your relationship with your last manager/teammates?
- What have you been doing since you left the company?
- Please walk me through your resume since leaving. What skills and experiences have you gained?
- Do you have unresolved issues with the company or former co-workers we need to know?
- Why did you choose to leave last time, and how likely is that factor to come into play and lead to you leaving again shortly?
Boomerang employees are paid more than similar-level employees who have been with the company for longer. According to Visier data from 3 million employee records at 129 international companies between January and April 2022, the typical boomerang employee received a 28% salary rise after re-joining their previous workplace. The average boomerang employee came back 13 months after leaving.
5 Best Practices To Welcome Back Boomerang Employees
1. Reconsider reviewing your rehiring procedure
You should double-check the cause of former employees' exits before evaluating whether they are employable. Additionally, improve your talent acquisition process by developing a rigorous rehiring procedure backed by policies and guidelines.
Remember to follow a proper procedure when dealing with possible candidates; record their information, examine their résumé, ask for a cover letter, and hold an interview before determining whether to move forward.
2. Onboard him like a new hire
The best method to reacquaint the employee with your employment brand and get them enthusiastic about the changes is to treat them as if they are brand-new.
3. Take a talent review
You can undertake talent reviews to determine your boomerang employees' past performance or whether their skills fit their present positions.
Although welcoming back alumni can evoke sentiments of nostalgia and thoughts of "the good old days," your objective should be to select the top applicant for the position. Even if you are friendly with the employee, they are not always the best candidate for the job. Finding the ideal candidate is always worthwhile, particularly if the position is essential to your company's further expansion and development.
4. Keep a conflict resolution process in place
If the boomerang employee returns to a more senior position, the situation is the same as if they had stayed with the company and been promoted. Address this change in status with your current employees immediately, and have the dispute resolution method ready.
5. Keep your doors open for high-performing employees
Keep the door open for high-performing employees to return when you do your next exit interview.
80% of workers claim their former companies did not make an effort to court their return.
6. Do things to hold onto boomerang employees
What can you do to make the boomerang employees want to stay with you forever? Let's start with culture. Build a place where people want to be and have every reason to stay.
A. Recognition goes a long way
Recognized employees are less inclined to look for new jobs. It matters to both new hires as well as boomerangs. At the same time, it's important to keep an eye on how a rehire's growth is progressing.
Vantage Circle’s Reward and Recognition program allow you to recognize employees individually instantly. Schedule a free demo to see how!
B. Spend more money
A "pay-to-stay bonus"—also known as a signing bonus that is paid out in installments—might be another tactic you might use to convince a boomerang to stick around.
C. Initiate 1-on-1 conversations
You can effectively document your interactions with the boomerang staff using 1-on-1 conversations. You can see through bottlenecks, launch coaching efforts, and recognize employee strengths by reviewing 1-on-1s from time to time.
Read our blog on: 9 Powerful Tips For Successful One on One Meetings
D. Roll out an employee survey
By using employee surveys, you can better comprehend the opinions of returning employees as well as the feedback they receive from others. It can help you comprehend how your employees feel regarding their workplace, their worries, and challenges.
6. Follow up with them.
Ensure the issue has been resolved if the person first left for a particular reason to prevent losing them again. Finally, make sure to routinely check in on returning employees to see how they are coping.