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Published Nov 29, 2024 6 mins Reading time Back to articles

How to successfully re-hire former employees.

Imagine losing your star employee, only to find them walking back through the office door a few years later—not as a stranger, but as a seasoned professional with renewed passion and expanded expertise. This isn't a far-fetched scenario, but a strategic talent management approach known as "boomerang hiring" that's transforming how progressive companies think about talent retention and recruitment.

The unexpected talent solution right under your nose.

In today's rapidly evolving job market, the traditional linear career path has become a thing of the past. Professionals no longer view job changes as a sign of disloyalty, but as opportunities for growth and personal development. For forward-thinking organisations, this shift presents a unique opportunity: the chance to welcome back valuable talent who have gained broader perspectives and enhanced skills.

Why boomerang employees are your secret weapon.

What makes returning employees so valuable? Unlike traditional new hires, boomerang employees arrive with an intimate understanding of your company's DNA. They know the unwritten rules, understand the culture, and can hit the ground running in ways that external candidates simply cannot.

Think of it like reconnecting with an old friend who knows you better than most. They understand your strengths, are aware of your quirks, and can seamlessly integrate into your world. In a corporate context, this translates to reduced onboarding time, immediate productivity, and a deeper connection to your organisation's mission.

The hidden economics of boomerang hiring.

Let's talk numbers. Recruiting a new employee can cost anywhere from 50% to 250% of their annual salary when you factor in advertising, interviewing, training, and lost productivity. Boomerang employees dramatically reduce these costs. They require minimal training, understand your systems, and can contribute meaningfully from day one.

Cultivating a boomerang-friendly culture

Creating an environment that welcomes returning talent isn't about luck—it's about intentional strategy. It starts with a fundamental shift in perspective: viewing departures not as betrayals, but as professional journeys that might one day lead back home.

The art of staying connected

Modern alumni networks are more than occasional newsletters. They're living, breathing communities that keep former employees engaged. Regular check-ins, invitations to company events, and genuine interest in their professional growth can transform a simple goodbye into a potential future hello.

Re-Engaging your top performers

Successful boomerang hiring isn't about throwing open the doors to anyone who once worked for you. It requires a nuanced approach:
- Conduct thoughtful exit interviews that leave doors open
- Maintain professional relationships through strategic networking
- Recognise and value the new skills and perspectives employees bring back

According to a 2022 study by Workplace Trends, approximately 41% of employees would consider returning to a former employer. 

The future of talent management

Boomerang hiring represents more than a recruitment strategy—it's a philosophy that views career paths as dynamic, non-linear journeys. By embracing this approach, organisations can build more resilient, adaptable, and interconnected workforces.

Ready to transform your talent strategy? The Drake team specialises in innovative recruitment solutions that help you attract, retain, and welcome back top talent. 

Contact us today to discover how we can support your boomerang hiring initiatives.

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