Is It Worth Going Back To The Company That Laid You Off

Right Management recently conducted a survey inquiring whether or not unemployed workers would go back to the company that put them in the position they are in now. What they found was that 18% of laid-off employees were in fact rehired by their former employers within the year and an even higher percentage of the “down-sizing” victims saying they weren’t sure. What the majority agreed upon was the terms of their re-hire and the stability of their position. The question each unemployed worker has to ask is, “Is it worth returning?”

You may run across folks who have experienced such a situation where in the end it benefited them to return. Some were let go in the middle of projects or were promised their position to be safe. Only later did they find that they have been included in the mass lay-off. Feeling betrayed and angry, they leave thinking good-riddens. Months go by and they are then approached by the same company that led to their unemployment and asked to come back. A smart professional who has first hand knowledge of how unstable the job market is will return- however, they’ll do so on their terms.

If you know your skill and worth to be of value to the company asking you back, use this to your advantage. Many folks have asked for raises, increased/improved benefits, and/or more responsibility or independence. It’s time to try and use your negotiating skills to get what you want. Many companies will try and work with your demands for your return.

Many HR reps and hiring managers say they prefer to rehire prior employees. And in many cases, they were not hired back at the same salary or level of responsibility. For folks included in a layoff and asked to return, their departure wasn’t based on unusual or personal reasons. It was usually a result of the poor economy. Familiarity of the job, knowing company culture/procedures, and reducing the chances of a bad hire are the top reasons for a company to hire back. Most companies embrace employees returning to their workforce, and try not to make it weird at all. Again, it wasn’t personal.

Returning to work, even if it isn’t your ideal choice, is what Financejobz.com recommends. You have first-hand knowledge in how unstable your position is, but a pay check is better than no pay check. Just because you returned to work doesn’t mean your job hunt has to stop.