Capital Investment Advisors

Returnships Offer A Way For Out Of Work Mid-To Late-Career Professionals To Jump Back Into The Workforce

There’s a new opportunity for mid- to late-career professionals who have been out of the work world for a few years. This new method of recharging your career is known as a “returnship.”

Returnships are kind of like internships, except you’re not placed at the low end of the totem pole. Instead, returnships offer a way for folks to sharpen their skills to meet the times, freshen up their resumes, and jump back into networking.

Typically, these programs offer compensation that’s commensurate with your level of experience while also providing extra training and mentorship. The goal is to help people get acclimated to the culture and pace of today’s work environment and polish their skills.

This new program typically helps folks who have been out of the workforce for a while – whether for military service, staying at home with the kids, taking a sabbatical, or because of a layoff. Returnships last anywhere from a few weeks to a few months, and can be the perfect way for mid-career workers (those age 45 or older) to get their foot back in the door.

Recently, reported on this type of program. According to Clark, not only can returnships be a solution for folks who voluntarily took time off, but it can also provide a solution for people who were let go from their jobs after the recession caused so many companies to tighten their belts.

“It’s not every company, but it is a clear change going on in employment, so it can have real benefit to you,” Clark says. “Once you get inside a company, the odds that it will lead to ongoing employment at that company are really high.”

This new program is evidence that employers are interested in employees who have some years of experience already, and that they’re willing to help smooth the onboarding process for folks who have been out of the corporate loop.

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