The majority of organizations have changed their way of thinking about corporate alumni. Rather, there are companies that have stopped ignoring or overlooking their former employees. They are taking steps to build corporate alumni groups to be in touch with them.  SAP, Citigroup, JPMorgan, Microsoft, Dell, and Deloitte are some of the reputable companies who are working hard to cultivate positive relationships with their former employees. Also, one of the greatest business drivers of staying involved with former employees is talent acquisition.

Have you ever given a thought about the reasons that point towards why you should nurture a healthy relationship with potential boomeranging employees? Have you tried to find the positives that must be considered and the negatives that must be ignored?

Here are the reasons you must take into account while hiring former employees:

Cost-Effectiveness

It is true that you might be offering a higher salary to the boomerang employee than he was getting when he left. But, it is imperative for you to realize that the corporate alumni besides taking lesser time to show their full ability and engage in your business culture, diminishes your entire hiring process up to 50 percent in contrast to the other anonymous applicants.

Best Fit

Even though you are equipped with the necessary tools that can easily signal if a new employee will be a good culture fit, you are well aware of the fact that your former employees can easily fit in the organization, and also when working with other individuals.

They bring New Perspective with them

If an employee left an organization for the better, there is a probability that they acquired valuable experience during this time. So, they will be equipped with a new skill set. WIth more experience and insights into how their company used to deal with the situations for their benefits.

Here is why you must avoid Boomerang Employees:

• Do you think they were personally missed? Though performance is the major component of any organization, personality also has a role to play in culture. Employees with good individual results but bad team spirit should be given up upon. You cannot afford to hire back someone who might hinder the productivity of other members of the team.

While boomerang employees have an edge over others, it doesn’t indicate that they are the best for the job. Take into account the various pros and cons and completely understand if that corporate alumni is fit for your company. So, it is necessary that you have your options open. Hire the best one without settling down for any.

If your organization is encountering a talent scarcity, it’s vital that you retain your quality employees. Give them suitable reasons to stay back. Also, it is equally important that you give every former employee a reason to come back and it can be done through a corporate alumni program. This is because it is your ex-employees who surely are going to become your brand ambassadors for a lifetime.