With the job market on the rebound and a shortage of talent in certain fields, companies are increasingly tapping previous employees who were laid off during downsizing or restructuring to fill open positions, workplace experts say.You'll want to read the whole article.
The hiring strategy can make business sense for companies that rehire former employees. It takes less time and money to train these workers, experts say. And for former employees, getting rehired allows a return to familiar surroundings. Some are able to negotiate better benefits and salary.
"First of all, in a lot of cases, when someone was downsized at no fault of one's own, it doesn't reflect on their performance," said Richard Lamond, a chief human resources officer at Florida recruitment agency Spherion Corp.
Wednesday, March 29, 2006
Bringing Back Former Employees
The Baltimore Sun reports: