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Maintain ties with laid-off employees

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in Human Resources

Don't just throw those fish back in the water, keep them on a line with smart moves.

Examples: A financial firm created a tuition fund for laid-off workers, hoping they would spend their time in school and return. It also offered a $7,500 bonus for former employees who were rehired. A consulting firm offered certain laid-off staff 20 percent of their salaries and continued benefits if they took a volunteer sabbatical for six to 12 months.

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