{"id":5965,"date":"2024-03-18T12:00:23","date_gmt":"2024-03-18T16:00:23","guid":{"rendered":"https:\/\/www.successories.com\/blog\/?p=5965"},"modified":"2025-07-15T09:41:53","modified_gmt":"2025-07-15T13:41:53","slug":"boomerang-hires-more-than-just-a-passing-fad","status":"publish","type":"post","link":"https:\/\/www.successories.com\/blog\/boomerang-hires-more-than-just-a-passing-fad\/","title":{"rendered":"Boomerang Hires \u2013 More Than Just A Passing Fad!"},"content":{"rendered":"\n

If you haven\u2019t already experienced a few \u201cBoomerang Hires,\u201d the odds are excellent that in the months ahead, you will.  If you\u2019re not yet familiar with the term, here\u2019s a quick primer on what it means, and more significantly, why it matters to your company.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

Back in the good old days when Baby Boomers dominated the nation\u2019s workforce, most employees were of the mindset that once they got a job at a company, they\u2019d keep that job for as long as they could.  Ideally, that would see them working their entire career at a single company, or a relatively small number of different companies, diligently making their way up the ranks and then, eventually retiring.<\/p>\n\n\n\n

Today\u2019s workforce, dominated by Generation Z and Millennials, take a very different view, and one that\u2019s causing a great deal of disruption and consternation among the ranks of upper management, business owners and HR departments all across the nation.<\/p>\n\n\n\n

Rather than finding a great company to work for and sticking with it long term, these two generations are much more prone to job hopping for faster advancement and better pay.  They see it as a viable strategy for climbing the corporate ladder more quickly, and Gen Z in particular, has really embraced the idea, with fully 83% of GenZer\u2019s describing themselves as job hoppers.<\/p>\n\n\n\n

The trend isn\u2019t nearly as pronounced among the ranks of Millennials, but it\u2019s still definitely there, and this can lead to disappointment and frustration among business owners and members of a company\u2019s upper management team if it takes them by surprise.<\/p>\n\n\n\n

The thing is, the Gen Zer\u2019s and Millennials aren\u2019t wrong.  You\u2019ve probably experienced the same dilemma they encountered when you were in the early part of your own working career.  It\u2019s quite likely that you\u2019d get a modest annual raise, only to watch new hires at your company come in with starting salaries higher than your own.<\/p>\n\n\n\n

That\u2019s the genesis of job hopping.  That\u2019s the instantiating event, and for the generations in question, it\u2019s working. <\/p>\n\n\n\n

According to a 2023 study published in the Harvard Business Review<\/a>, boomerang employees who left a given firm usually return within 13 months and when they do, they receive a whopping 25% pay raise, on average.  That\u2019s huge, and it\u2019s certainly a good incentive to do some job hopping!<\/p>\n\n\n\n

While many in upper management are struggling to come to terms with the Boomerang phenomenon, others have simply decided to embrace it.  Among them is Simon Cox, the CTO at the software company \u201cServiceNow.\u201d<\/p>\n\n\n\n

He points out that it might be helpful to do away with the \u201cBoomerang\u201d descriptor entirely, and notes that it is often the case that employees leave a given firm because they\u2019re looking for experience and experiences that their current employer simply cannot provide, and that once they\u2019ve gained that experience, they\u2019re happy to return.<\/p>\n\n\n\n

When seen through that lens, an employee who leaves, gains valuable experience and returns, bringing that experience with him or her is adding value to the company and has to be seen as a good thing.<\/p>\n\n\n\n

In addition to that, since the returning employee is already steeped in your company\u2019s culture and understands how you operate, there\u2019s significantly less of a learning curve, which makes onboarding (or in this case, re-boarding?) the employee faster and thus, less expensive.<\/p>\n\n\n\n

Taken together, and given the fact that there\u2019s no evidence that GenZer\u2019s and Millennials will stop the practice, Cox\u2019s advice is to simply embrace it.  It\u2019s happening.  It\u2019s going to keep happening.  If you don\u2019t embrace it, you\u2019re destined to lose out on the return of some spectacular employees. <\/p>\n\n\n\n

That sounds like solid advice, and if you\u2019re looking for a simple, cost-effective way to welcome a returning employee back, be sure to check out some of our employee gifts<\/a>.\u00a0 We\u2019re constantly expanding our product selection so if you spend some time browsing, you\u2019re sure to find exactly what you\u2019re looking for.\u00a0 We\u2019ve got gifts for every taste, preference and budget!<\/p>\n","protected":false},"excerpt":{"rendered":"

If you haven\u2019t already experienced a few \u201cBoomerang Hires,\u201d the odds are excellent that in the months ahead, you will.  If you\u2019re not yet familiar with the term, here\u2019s a quick primer on what it means, and more significantly, why it matters to your company. Back in the good old days when Baby Boomers dominated […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1040,8],"tags":[],"class_list":["post-5965","post","type-post","status-publish","format-standard","hentry","category-in-the-news","category-office-life"],"yoast_head":"\nBoomerang Hires \u2013 More Than Just A Passing Fad! | Successories Blog<\/title>\n<meta name=\"description\" content=\"Read the expert article Boomerang Hires \u2013 More Than Just A Passing Fad! and learn more about employee management and engagement from the Successories Blog\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.successories.com\/blog\/boomerang-hires-more-than-just-a-passing-fad\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Boomerang Hires \u2013 More Than Just A Passing Fad! 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