How to manage: Boomerang candidates cost more, but have unique value
While rehired workers don’t usually perform any better than those who never left, they are more likely to be committed to the business, research shows
So-called boomerang candidates are people who have left a company, but return at a later date after spending time elsewhere working for one or more employers. These rehired employees can come with a hefty price tag, but are they really worth it?
I recently completed some research with colleagues in the US where we delved into this subject. We tracked the performance of employees at a large professional services firm over a five-year period.
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