Corporate alumni
Corporate alumnus (/əˈlʌmnəs/ (masculine), alumna (/əˈlʌmnə/ (feminine), or an alumnum (/əˈlʌmnəm/ (gender-neutral) of an organization is a former employee who has previously worked in some capacity at the organization. The term "Corporate" is prefaced to recognize the difference from "Alumni" who are graduates or former students of universities, colleges and schools.
Corporate Alumni Programs are commonplace among larger organizations in niche labor fields with a primary focus on boomerang hires[1].
Corporate Alumni became a recognized organizational value by Reid Hoffman, founder of LinkedIn in his book The Alliance[2] and has become a newsworthy subject since 2016[3]. In 2018 Deloitte released their annual business transformation report that recognized "The Employee Experience Doesn't End At The Exit Interview"[4]
Examples of noteworthy Corporate Alumni Programs[5] include: P&G, HSBC, Nestle, Accenture, McKinsey and Pearson.
Companies currently use software such as SalesForce, EnterpriseAlumni or Avature to run their networks.
References
- ^ "Why Boomerang Rehire Programs Rank #2 in Producing High-Quality Hires". EnterpriseAlumni. 2016-09-05. Retrieved 2018-11-30.
- ^ "Creating a corporate alumni network". LinkedIn Learning. Retrieved 2018-11-30.
- ^ ""Corporate Alumni" - Google Search". www.google.com. Retrieved 2018-11-30.
- ^ "Why Former Workers Can Be Long-Term Assets". Capital H Blog. 2018-07-31. Retrieved 2018-11-30.
- ^ "Corporate Alumni Programs | Market Leaders". Business Alumni Programs. Retrieved 2018-11-30.