Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header about About Home Profiles articles Tools forums inspirational quotes About facebook Twitter YouTube Blog
Share for a Cause











Getting Re-Hired By The Company That Laid You Off

Guest post by: Elizabeth Freedman

Article Overview: An article describing how to weigh the options of returning to a company in which you previously worked; including the expectations and changes involved.

Free Download - What Does Somebody Have to Do to Get Promoted Around Here? When You’re Feeling Overlooked at Work By Elizabeth Freedman
Name: Email:

Getting Re-Hired By The Company That Laid You Off

As the economy starts to slowly get back on its feet, companies are also slowly starting to rehire. You loved your old job and would like nothing more than to be rehired by your former employer. How to get back on the short list when your company starts hiring again? Here are a few tips: Here's the good news: You're well-positioned to be a top contender for a shot back in the door at your former employer. After all, you've already got a good track record at your former employer (right??), you know the business inside and out, and, best of all, you've got people on the inside who can attest to your abilities.

Even so, don't assume that your company will come calling - they may not realize that you're still on the market and interested, so keep in regular contact with recruiters, hiring managers, and former managers to let them know you'd love to rejoin the organization through periodic emails and calls. Let them know how you've continued to stay sharp and savvy ("I recently contributed to salesforce.com on current sales technologies..." "I've been consulting with several small companies on a part-time basis to help them increase sales and market share...") during your time off in ways that continue to highlight your skills and expertise.

As you continue to reach out to your company, stay on top of what's been happening at your former employer, and share your thoughts about how you'd handle a particular issue or business opportunity upon your return. Show them that you've been working for them all along, even if you're not on the payroll at the moment.

When interviewing and negotiating at your former employer, don't assume that the old rules - including salary and bonus packages - still apply. Be flexible, and know that you may not be interviewing for your former job and the salary that went along with it. Consider opportunities that give you a foot back in the door, even if you have to take a hit in salary or job title to do so, but negotiate to return to your former salary or job title in six months (for example) if you hit certain benchmarks along the way.

With all this, is pursuing opportunities with your former employer the right move? If you have anything less than a great track record at this company, you may be barking up the wrong tree if you're looking for a second chance. Even in a tough market, it's easier to create a first impression with a new employer than to try to change your existing reputation at your former one. Also, consider the state of the company today - after all, they conducted layoffs for a reason, and the employer you used to know and love may bear little resemblance to the one you're looking at today. Ask yourself if you'll have the same kinds of opportunities if you return, and who you'd be working with on a daily basis. If this is still a team worth fighting for, throw your hat in the ring. If not, move on and find a company that's worth your talents.

Related Articles
  Rehiring After Layoff
  Tips on Protecting Your Job During a Recession
  Top 5 Types of Assistance Offered to Laid Off Workers
  The Gooose That Laid The Golden Eggs
  If You Were Laid Off
  Downsizing with dignity
  Problems with Hiring the Turncoat
  Don't Germs Have Rights, Too?
  What Lucrative Internet Marketing Business Opportunity is the Best?
  Ten Signs of an Impending Layoff
  Several Suggestions on How to Start a Small Business at Home
  The Truth About How to Avoid Being Laid Off
  FDCPA Assures Rights of the Consumer
  Today may be the most important day of 2012
  Why is My Online Internet Marketing Business a Godsend?
  Career Success – How to Be a standout!
  When Offers for Career Help Don’t Pan Out
  Hiring is tough!
  Google Slapped or Slapped by the Hand of God-Which is the Most Effective?
  Franchising Your Business Should Not Be Smoke and Mirrors

Home > Human-Resources > Elizabeth Freedman > Getting ReHired By The Company That Laid You Off >
Article Tags: laidoff, opportunity, Rehire, track record, unemployment

About the Author: Elizabeth Freedman
RSS for Elizabeth's articles - Visit Elizabeth's website

Elizabeth Freedman is an expert in career and workplace issues. She is the author of Work 101: Learning the Ropes of the Workplace without Hanging Yourself and The MBA Student's Job-Seeking Bible, and was a 2005 finalist for College Speaker of the Year, awarded by the Association for the Promotion of Campus Activities. Elizabeth runs a Boston-based career-development and coaching firm; clients include PricewaterhouseCoopers, Thomson Reuters and The Gillette Company. To bring Elizabeth to your next association event or workplace meeting, please visit http://www.elizabethfreedman.com.

Click here to visit Elizabeth's website
Dashed Line

More from Elizabeth Freedman
Good Things Come to Those Who Waitand Back Off from Time to Time
Enough Already Why Now is the Perfect Time to Pursue Your Career Dream
Bad Career Habits
A Tough Economy Can be Good for Your Career
Quit Waiting to Be Discovered


Related Forum Posts
How to valuate a business How to valuate a business - Hi Garth - here is how we did it at Northern Crown Capital when I was helping them raise venture capital for Toronto-based entrepreneurs. Assume the start date is 2003 so 2008 projections are 5 years out: How Northern Crown Capital Valuates a Business 2008 Financial Projections Earnings Before Tax $5,865,000 Tax Rate 42% Taxes $2,463,300 Net Earnings $3,401,700 Amount Seeking to Raise Today $3,500,000 Discounted Value of Future Opportunity, 5 Years Out 2008 P/E Ratio 15 Value of Company in 2008 $51,025,500 Discount Rate Applied 30% Year 2008 $51,025,500 Year 2007 $35,717,850 Year 2006 $25,002,495 Year 2005 $17,501,747 Year 2004 $12,251,223 Value of Company at Investment in 2003 $12,251,223 Less: Investment Amount $3,500,000 Present Value $8,751,223 Discount for Risk & Private Company 40% Less: Discount for Risk & Private Company $3,500,489 Private Company Value $5,250,734 Present Value (What the Owner Keeps) $5,250,734 60.00% Financing (What the Investor Gets) $3,500,000 40.00% Total $8,750,734 100.00% I hope this helps!
Best Month For Getting Financed? Best Month For Getting Financed? - I would think that November and December would be bad, as most people are busy racking up debt in the holiday season... has there ever been a study on what are the most popular months for people getting loans? Although, with the current breakdown in banks, I suppose all the old paradigms are going to be trashed, and new ways of doing things will have to be learned. Quite a few large comapanies seem to be built on nothing but smoke and mirrors, with nothing to back them up... Much as I hate to see thousands of people thrown out of work just before Christmas, the Unions have way too sweet a deal wth the Big 3 Automakers. Laid off workers get paid 95% of their paycheck, indefinitely? Ridiculous!
Hi everyone Hi everyone - Hi everyone.I am Alex,SEO Analyst on XSEO Company.Nice forum.
Protect yourself from Hackers Protect yourself from Hackers - I received this from a newsletter from FXpro that I subscribed to. Please read and apply In the 21st Century internet is widely used for everyday job. Despite the "ease" and free time offered from internet use, one should be aware of the dangers and be prepared to avoid and safeguard him/herself from any attacks his/her computer may accept or even from the "unwanted" e-mails received. Golden Rules of Protection When using the internet make sure you have an antivirus program installed in order to avoid intrusions in your Computer, If you are using wireless internet connection make sure you have your connection locked, Do not save any official documents on your Computer, such as Copy of Passport, ID, Bank account numbers, copy of cards in case your Computer is hacked or even stolen, Keep all access codes/passwords in a safe place, Do not share an e-mail address with any person, Do not reveal any access codes, passwords to any person, If you are using a public Computer, ie in an internet cafe, make sure you log out any internet sites you have visited before leaving and deleting the cookies in order to minimize the risk of someone following your tracks, Regularly change your passwords on your e-mail accounts, or any other account that requires passwords, Be careful of e-mails received. Always check the e-mail address and in case you believe that this does not come from a person, Company, Organization you might be dealing with always send an e-mail to an e-mail address stated on the person's business card, Company's, Organization website requesting them to confirm that the e-mail address on the e-mail received belongs to them, before you reveal any information, Always have in mind that an established Company/Organization never uses an e-mail address such as g-mail, yahoo, hotmail etc thus always be careful when you are receiving such e-mails, even if it appears to be from a Company/Organization you are dealing with, Always remember that a Company or Organization will never require you to send them your login/password/access codes, When using a website that requires an access code, do not allow the browser to remember your passwords
Business magazines Business magazines - Fast Company is pretty good if you're into technology although it can be very on the edge. Entrepreneur has become one giant advertisement and I cancelled my subscription. Selling Power also has some useful content if you're looking at improving your sales skills / presentations.


Recommended Article for You close

  Rehiring After Layoff

Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article

Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

TOP Level Selling

Setting Goals for your Home Based Business

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.