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The Changing Workforce: Understanding the Rise of Boomerang Employees
Manage episode 393306605 series 3129544
This episode of The T2 Hubcast explores the fascinating world of boomerang employees, those who leave a company and then return at a later date. Hosts Tracy Roberts and Spencer Locker explore the benefits and drawbacks of welcoming back former team members, offering insights for both employees and employers. * Statistics: Discover how the trend of boomerang employees is growing, with 4.5% of all new hires being former employees in 2021. * Perspectives: Understand both the employee and employer viewpoints on returning to a previous workplace. What went wrong the first time? What's changed now? * Awkwardness alert: Hear about the potential for awkward situations when a former employee comes back under a new leader or after a bad exit. * Strategies for success: Learn tips for both employers and employees to ensure a smooth transition and make the most of a boomerang hire. Chapters Introduction (00:00:04 - 00:01:21) Reasons for Leaving and Returning (00:01:21 - 00:03:49) The Role of Former Employers (00:03:50 - 00:06:38) Challenges and Considerations (00:06:38 - 00:08:59) The Importance of Individual Circumstances (00:08:59 - 00:10:09) Further thoughts on Reasons for Returning to Former Employers (00:10:09 - 00:11:09) Motivations for Boomeranging (00:11:09 - 00:12:52) Beyond Boomeranging: Applying these insights to general career decisions (00:12:52 - 00:14:35) Company Reputation and Unfinished Business (00:14:35 - 00:18:37) Further thoughts on Motivations for Boomeranging (00:18:37 - 00:20:00) Revolving Doors and Fresh Perspectives (00:20:01 - 00:22:34) Culture and Change Management (00:22:34 - 00:25:31) Boomerang Blues (00:25:31 - 00:28:24) Stay Interviews and Proactive Retention (00:28:24 - 00:30:00) Managing Expectations Before the Honeymoon Ends (00:30:00 - 00:33:23) Are You Back for the Right Reasons? (00:33:25 - 00:37:47) Second Chances for Second-Rate Performers? (00:35:37 - 00:38:07) Cultural Fit and Change Management (00:38:07 - 00:40:17) Due Diligence for Rehires: Beyond Resumes and Applications (00:40:17 - 00:41:26) Managing Expectations: Understanding Motivations for Returning (00:41:26 - 00:43:41) Benefits and Reintegration Challenges (00:43:41 - 00:46:36) Call To Action For You and Conclusion (00:46:59 - 00:48:04) Whether you're considering returning to a former employer or welcoming back a past employee, this episode offers valuable insights and thought-provoking discussion. Stay tuned for a discussion on the importance of maintaining positive relationships with former employees, even if they don't return to your company.
233 episodes
Manage episode 393306605 series 3129544
This episode of The T2 Hubcast explores the fascinating world of boomerang employees, those who leave a company and then return at a later date. Hosts Tracy Roberts and Spencer Locker explore the benefits and drawbacks of welcoming back former team members, offering insights for both employees and employers. * Statistics: Discover how the trend of boomerang employees is growing, with 4.5% of all new hires being former employees in 2021. * Perspectives: Understand both the employee and employer viewpoints on returning to a previous workplace. What went wrong the first time? What's changed now? * Awkwardness alert: Hear about the potential for awkward situations when a former employee comes back under a new leader or after a bad exit. * Strategies for success: Learn tips for both employers and employees to ensure a smooth transition and make the most of a boomerang hire. Chapters Introduction (00:00:04 - 00:01:21) Reasons for Leaving and Returning (00:01:21 - 00:03:49) The Role of Former Employers (00:03:50 - 00:06:38) Challenges and Considerations (00:06:38 - 00:08:59) The Importance of Individual Circumstances (00:08:59 - 00:10:09) Further thoughts on Reasons for Returning to Former Employers (00:10:09 - 00:11:09) Motivations for Boomeranging (00:11:09 - 00:12:52) Beyond Boomeranging: Applying these insights to general career decisions (00:12:52 - 00:14:35) Company Reputation and Unfinished Business (00:14:35 - 00:18:37) Further thoughts on Motivations for Boomeranging (00:18:37 - 00:20:00) Revolving Doors and Fresh Perspectives (00:20:01 - 00:22:34) Culture and Change Management (00:22:34 - 00:25:31) Boomerang Blues (00:25:31 - 00:28:24) Stay Interviews and Proactive Retention (00:28:24 - 00:30:00) Managing Expectations Before the Honeymoon Ends (00:30:00 - 00:33:23) Are You Back for the Right Reasons? (00:33:25 - 00:37:47) Second Chances for Second-Rate Performers? (00:35:37 - 00:38:07) Cultural Fit and Change Management (00:38:07 - 00:40:17) Due Diligence for Rehires: Beyond Resumes and Applications (00:40:17 - 00:41:26) Managing Expectations: Understanding Motivations for Returning (00:41:26 - 00:43:41) Benefits and Reintegration Challenges (00:43:41 - 00:46:36) Call To Action For You and Conclusion (00:46:59 - 00:48:04) Whether you're considering returning to a former employer or welcoming back a past employee, this episode offers valuable insights and thought-provoking discussion. Stay tuned for a discussion on the importance of maintaining positive relationships with former employees, even if they don't return to your company.
233 episodes
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