<ul><li>Boomerang employees, individuals who previously worked in an organization and resigned within the last 24-36 months, are on the rise in India Inc. with a 20-25% growth compared to September 2022.</li><li>This trend is particularly prominent in sectors such as Financial Services, IT, Consulting, FMCG, Automotive, and Facility Management Services.</li><li>Major firms like IBM, Lenovo, Compass Group India, and Hindustan Coca-Cola Beverages are welcoming back former employees, as they are cost-effective and bring valuable organizational knowledge.</li><li>Studies suggest that hiring boomerang employees can result in significant cost savings, estimated between 33-67% in recruitment costs.</li></ul>

‘Boomerang corps’ remains India Inc’s favourite workforce

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