People Engagement

While the practice of creating alumni relations, alumni chapters and alumni reunions have been a common practice among universities, the corporate sector has rarely focused on alumni network of its ex-employees. A concept that was pioneered by McKinsey , employee-alumni relations have not been too popular in India. Not surprising - considering India has not particularly done well in employee engagement . Global consultants like PwC, KPMG have employee-alumni network portals to enable its ex-employees to reconnect should they want to at any point of time. They actively consider re-hiring ex-employees or considering referrals from their ex-employees. Post-recession, some Indian companies started showing similar intent and Infosys, Wipro considered re-hiring employees laid-off during recession.  The rationale of re-hiring ex-employees comes from the fact that they are not only accustomed to the corporate culture but they have been tried and tested hands, with ...