Counting on boomerang hires

A growing number of firms are putting in formal policy frameworks to tap into company alumni

Organisations at large have been open to rehiring former employees as it helps them save recruitment costs and time in finding and training new hires. And, employers have primarily been following a piecemeal approach towards rehiring without investing in structured programmes facilitating former employees’ return. This, however, is changing with a growing number of firms putting in formal policy frameworks to tap into company alumni. This change has come around on the back of an increasing number of employees entertaining diverse and frequent job opportunities offered by social networks and the desire to work with start-ups.

Global consulting corporation Capgemini