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You may have heard the term ‘boomerang candidate’ over the last few months, and wondered whether it’s as bizarre in real life as it sounds. In fact, the metaphor is pretty simple, referring to an individual who returns to a company after having worked there previously.
Traditionally a move that’s frowned upon, the decision to go back to an old job is proving attractive to a growing number of jobseekers. Whether the grass wasn’t greener on the other side or a great company has new opportunities, a familiar structure and culture is all the incentive some people need.
According to a study done by Workplace Trends, 76% of hiring managers said they’re far more accepting of candidates who want to return. Their appeal is down to three key factors: firstly, they’re already attuned to the company’s vision, values and mission; secondly, they represent big savings on training, and thirdly, they bring with them not only additional experience, but a fresh perspective on the business model.
Boomerang candidates are overwhelmingly found in the millennial market, and almost half of those who took part in the Workplace Trends study said they would be happy to return to a former employer. So while Generation Y might be drawn to job hopping, they’re also loyal to good companies.
Would you consider going back to your previous employer? Join the conversation today.