Indian companies rarely welcome back former employees with open arms. HDFC Bank, however, thinks otherwise. The country's second largest private sector lender has introduced a new employee recruitment programme – Khoj – that aims to bring back former employees.
"We never had a policy that prevented us from re-employing former workers. But now we are putting a lot more emphasis on our re-hire policy. The bank's businesses are growing fast and we have a huge manpower requirement. We realised that a number of people, who have previously worked with us, want to join back. Hence, this programme has been introduced," Philip Mathew, chief people officer at HDFC Bank, told Business Standard.