The Rise of Boomerang Employees: Reversing the Great Resignation

The Rise of Boomerang Employees: Reversing the Great Resignation

Introduction:
The summer of 2021 witnessed a significant surge in the number of employees contemplating and ultimately quitting their jobs. The pandemic-induced burnout and the desire for a change in lifestyle drove many individuals to leave their positions, resulting in a void in the job market that employers are struggling to fill. However, according to experts, this wave of resignations, dubbed the "Great Resignation," is set to be replaced by a new trend - the rise of boomerang employees. These individuals will seek to return to their previous jobs, signaling a potential shift in the employment landscape for the next five years.

The Growing Trend of Boomerang Employment:
Boomerang employment, the act of returning to a former employer after quitting, has been steadily increasing over the past decade. Typically, companies and employees wait for a period of 12 to 18 months before reconnecting about a potential return. However, this window is expected to shorten as more individuals embrace the idea of going back to their previous workplaces. Overcoming the pride associated with returning can be a challenge, as individuals need to acknowledge their initial decision was misguided and express gratitude for the opportunity to come back.

Learning from Experience: The Importance of Building Bridges:
Career management specialist Husnara Begum shares her own experience as a boomerang employee. After quitting her job in 2006, she quickly realized that her new role was not the right fit for her. With a strong internal network and a professional approach to her resignation, Begum was able to return to her previous employer without burning any bridges. Her story emphasizes the significance of maintaining professional relationships and leaving on good terms, which ultimately opens doors for potential comebacks.

The Perks and Challenges of Boomerang Employment:
Deirdre Snyder, an assistant professor of management, discovered that boomerang employees in professional services firms tend to earn approximately $10,000 more annually than their colleagues who stayed. This discrepancy can be seen as a reward for loyalty and a testament to the value these individuals bring back to their previous organizations. However, this practice can be seen as a slap in the face for those who have consistently remained loyal to the company, especially when a culture of boomerang employees is established. Companies must be cautious when attempting to bring back a large proportion of their workforce to avoid alienating those who chose to stay.

The Changing Landscape of Work Perks and Flexibility:
While work perks may not be significantly better in other companies at present, many organizations are actively developing inclusive programs that offer flexibility and remote working options. This shift in work culture and the focus on employee well-being may influence individuals who have returned to their previous jobs to consider alternative opportunities elsewhere. As the job market evolves, it will be intriguing to observe whether the number of "double hoppers" - individuals who leave their old jobs once again - will surpass those who choose to return.

Actionable Advice:

1. Maintain Professionalism: When resigning from a job, always leave on good terms by remaining professional and expressing gratitude to colleagues and superiors. Building a strong internal network can pave the way for future opportunities if you decide to return.

2. Keep Communication Open: Stay in touch with former employers and colleagues, even after leaving. Periodically reconnecting can help foster relationships and keep you informed about potential openings in the future.

3. Evaluate Culture and Perks: Before considering a return to a previous job, assess the company's culture and the benefits they offer. If other organizations provide more inclusive work environments and attractive perks, carefully weigh your options before making a final decision.

Conclusion:
As the Great Resignation gives way to the rise of boomerang employees, the employment landscape is undergoing a significant transformation. The desire for a lifestyle change and the need to overcome pride are driving individuals to return to their previous jobs. By maintaining professionalism, building bridges, and evaluating the evolving work culture, employees can navigate this new trend with confidence. The coming years will undoubtedly shed light on whether the number of individuals making a double hop outweighs those who choose to return, as the job market continues to adapt to the changing needs and expectations of its workforce.