Boomerang Workers

As unemployment is very low (4.4%) and companies are scrambling to find great employees, they are re-hiring old employees known as boomerang workers.

I am seeing an interesting phenomenon as unemployment is very low (4.4%) and companies are scrambling to find great employees.  Many companies are looking at tried and true employees. They are re-hiring old employees that were let go in leaner times.  Hiring experts call these people “boomerang workers.” “It’s a very smart, enlightened policy,” said Joyce Gioia, president of The Herman Group, a workforce consulting business in Greensboro, North Carolina. “It means that you have taken advantage of the knowledge capital that was built up and you’ve lost in the past.” Some companies actively encourage the process. Pittsburgh-based advertising company, … Read More