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Boomerang Hires Are on the Rise as Job Market Uncertainty Grows

 


If you're struggling to land a new job, reconnecting with former employers, especially if you left on good terms, could be a smart move. Recent analysis of ADP payroll data shows that the proportion of "boomerang" workers—employees who return to their previous companies—has increased since the trend cooled off after the Great Resignation in 2022. This uptick is particularly notable in the information sector, which covers tech and media roles.

Employers are also becoming more selective, often preferring to rehire former employees. Nela Richardson, ADP's chief economist, explained that in a period of economic uncertainty, both employers and workers are more likely to stick with what they know. Companies value returning employees because they already understand the company culture, require less onboarding, and have a proven track record.

"You want to get the best bang for your buck, and often it's a returning employee," Richardson said.

Meanwhile, job seekers face tougher conditions: hiring processes are taking longer, major companies like Walmart are announcing layoffs, and some candidates are accepting lower pay or less desirable roles just to secure employment. Many people who left their jobs during the Great Resignation found themselves unsatisfied and have since returned to their former employers.

Given the growing trend of boomerang hires, maintaining positive relationships with past employers is more important than ever. Richardson emphasized, "How you leave a job is as important as how you start".

Even if you're not currently job hunting, it's wise to focus on building your skills, maintaining strong job performance, and nurturing professional relationships in case the job market tightens further or more layoffs occur. As Richardson noted, many hiring managers now view employee departures less as a final goodbye and more as a potential return in the future.


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