'Boomerang employees' welcomed by businesses
UK organisations are now more open to rehiring former employees than in previous years, according to new research.
The study from recruitment specialists Robert Half UK found that 83% of UK firms would give more consideration to hiring 'boomerang' employees today than three years ago.
More than a third (36%) of UK HR directors have successfully rehired employees who previously held a position within their organisation, while just 7% said they were opposed to the idea.
Figures released by the Office for National Statistics on Wednesday revealed that UK unemployment fell to 1.64 million between April and June this year, the lowest rate since 2005.
Ongoing skills shortages are encouraging HR directors to look at engaging with former hires, particularly if they have expanded their experience at a new employer and can return to a company at a higher level.
Almost half (49%) of HR executives working for large companies in the UK have successfully rehired former employees, favouring individuals with a successful track record who fit into the company culture.
Senior Managing Director Phil Sheridan said: “Rehiring former employees back into the organisation can help to offset the current challenges companies face in the war for talent. This growing acceptance of boomerang employees emphasises the increasing fluidity of the job market.
"Many firms see value and potential cost savings in allowing employees to expand their experience and skills set outside their organisation, leaving the door open for them to return at a later date. "
Phil explained: “In smaller enterprises especially, there sometimes isn’t the opportunity or scope for employees to expand their skills set.
"In these instances employers may benefit from allowing employees to leave and gain the experience they need for their career, with the added value of additional training, while keeping the door open for ‘alumni’ employees should a suitable role become available.”