Steve Jobs may be the most famous “boomerang” of all time — he left Apple in 1985, and then returned 11 years later. Even back then, rehiring former employees wasn’t as common as it is today. Companies like Sodexo, EY, and Microsoft all boast double-digit rehire rates.
The uptick is due in part to changing attitudes about job tenure. Employers no longer expect lifetime employees, and employees, especially younger ones, are quicker to switch companies to advance. Today, the average tenure with employers is 4.1 years and only 2.8 years for 25-34 year