Companies are beginning to note the potential benefits that can be obtained from their former employees. At the World Talent Forum, leading professionals explain how they design and implement their formal corporate alumni management program.
Over 15% of employees switch companies yearly –in some industries the number of voluntary quits is even higher. The motive for change may be salary, promotions or changing city/location, and new experiencs. A formal corporate alumni management program, can ensure former employees are not lost, and offers an engaged network. Alumni are brand ambassadors, qualified professionals and possible business partners for their former employer. Additionally, they are interesting candidates for rehiring. Alumni relations opens up enormous business potential and helps achieve recruiting goals.