The share of Boomerang employees has increased steadily since the pandemic and 80% of them come back within 5 years!
By | Nicolas BEHBAHANI | Global People Analytics Leader @ Future of Work | Leading Global HR Analytics, Driving Business Growth
📣 Boomeranging is not relatively rare any more!
💡 Around 50% of boomerang employees return within two years of their departure, and around 80% come back within five years.
🔥 According to recent studies, nearly 30% of “new hires” were actually boomerang hires who had resigned within the last 36 months. And nearly 20% of workers who quit their jobs during the pandemic have since returned to their old employers.
📈 The share of boomerang employees among people who started new positions each month in these companies has stayed fairly constant at around 2.6% before the pandemic up until mid-2021, but it has increased steadily since then, according to a new interesting research published by Revelio Labs using data 📊 from an internal Revelio dataset in large companies with at least 500 new hires in the past year.
✅Who are “boomerang employees”?
Researchers define a boomerang employee as one who ended a position at one employer, worked for at least one other employer in between, and then started a new position at the original employer that they left.
