Professionals experiencing the "grass is greener" syndrome may find themselves considering returning to previous employers, termed "boomerang" candidates. Companies, recognizing the value in these individuals fresh skills and perspectives, are strategically embracing this trend. Mid-career employees and even CXOs are increasingly participating, reflecting evolving workplace dynamics and the importance of alignment in values and leadership behaviors.
Compared to September 2022, staffing major Randstad saw a significant growth of around 20-25% in boomerang employees. These are individuals, who had previously worked in an organisation and had resigned within the last 24-36 months.
They're called Boomerang Employees and they leave one company for more money at another company - and then go back negotiating a higher salary with their previous company. Tom Finnegan of Clarkston Consulting says it's a good deal for the employer as well.