We are really pleased to confirm the return of our latest “boomerang” – Caroline Chandler, a highly experienced conveyancing lawyer who joins us at our Fordingbridge office as the latest member of our 22 strong property team.
Never heard of a boomerang hire?
It’s the term for someone who leaves your business who you then rehire after an absence of a few years.
Now what amazes me is that it appears many businesses simply refuse to consider boomerangs.
Why? Beats me. Simply tick box madness, in my opinion.
But in the current job market it appears that boomerang hires are on the rise.
We are pretty choosy about who we have back – but have welcomed with open arms a number of our best staff – and Caroline is one of them.
But, you may ask yourself what are the advantages of Boomerang Rehires?
Here are our top 8 reasons, with acknowledgement to an excellent article on the subject from US based ERE recruiting
- You get proven top performers — unless they have changed significantly since they last worked for you, you know exactly how good they are. So safe in the knowledge that you will reassess them on the job, much of the risk of failed hires is removed.
- You know their skill set — with years of employment with you behind them, you know in advance pretty much what skills and natural ability you are getting when you take them back on
- A low new-hire failure rate — taking on new staff members who then leave, as expensive. Not just in terms of recruitment fees, but just think of all the time in recruiting, interviewing, onboarding and training. “Unlike most new hires, boomerangs have an almost zero chance of complete failure “
- Boomerangs are likely to stay with you — turnover rates among boomerang returnees are really low. Why? They already know you and what’s even more important, they’ve experience in person the apparent “greener grass” at another business and now they are ready to “come home.”
- Re-hires are likely to be a good cultural fit — you know them and they know the way you work. Hiring a boomerang means it’s pretty unlikely that you are going to take on an employee again he simply doesn’t fit your culture
- They get up to speed fast — again, they know the way you work and probably have existing relationships amongst other team members. So training needs and onboarding is much quicker. In short they are likely to settle in and become a productive member of your team much quicker – which can mean significant cash savings.
- Rehiring can be much quicker— the process of hiring new staff can be agonisingly slow – especially in a tight job market like the one we find ourselves in. Here Bonallack and Bishop we took on two new members of the property team within a few weeks of each other. One took nine months to find and another three months before that she started. The other – Caroline are boomerang, started within weeks of getting back in touch with us.
- They could bring some new clients with them — boomerangs may well have built up new relationships, contacts and clients while working for another business – and they may be able to bring some of those along and they return home to your business.
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