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TD Magazine Article

Word Wiz: Returnship

Many prominent organizations offer these programs, often for one or both of two reasons.

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Fri Aug 31 2018

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When someone leaves the workforce, whether to take care of a loved one, become a parent, or just take a much-needed break, returning can be difficult. Managers may hesitate to hire someone with an employment gap. Reacclimating to the grind of professional life can get in the way of success.

These challenges are why some companies have introduced a new concept: a returnship.

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The Muse defines a returnship as "essentially an internship that helps adults who have taken time away from their careers and are interested in re-entering the workforce." Lasting for a limited period of time, it typically helps re-entering employees sharpen their skills and readjust to working life.

During a returnship program, participants often will have an opportunity to earn a full-time position. If not, they still add fresh experience to their resumes, which makes it easier to get in the door somewhere else.

Many prominent organizations—including Microsoft, Apple, Northrop Grumman, and Goldman Sachs—offer these programs, often for one or both of two reasons. First, returnships can help companies improve diversity by helping women resume their careers, which more often are disrupted by caring for children or parents than are men's careers. Second, they can help organizations tap into unconventional talent pools, casting a wider net for the right people to push them past the competition.

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September 2018 - TD Magazine

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