Corporate alumni are former employees of an organization. The term "corporate" is prefaced to recognize the difference from "

alumni Alumni (: alumnus () or alumna ()) are former students or graduates of a school, college, or university. The feminine plural alumnae is sometimes used for groups of women, and alums (: alum) or alumns (: alumn) as gender-neutral alternatives. Th ...

" who are graduates or former students of universities, colleges or schools. Corporate alumni programs are commonplace among larger organizations in niche labor fields with a primary focus on boomerang hires. Fostering of corporate alumni was recognized as an organizational value by

Reid Hoffman Reid Garrett Hoffman (born August 5, 1967) is an American internet entrepreneur, venture capitalist, podcaster, and author. Hoffman is the co-founder and former executive chairman of LinkedIn, a business-oriented social network used primarily ...

, founder of

LinkedIn LinkedIn () is an American business and employment-oriented Social networking service, social network. It was launched on May 5, 2003 by Reid Hoffman and Eric Ly. Since December 2016, LinkedIn has been a wholly owned subsidiary of Microsoft. ...

, in his book ''The Alliance''. In 2018 Deloitte recognized in their annual business transformation report that "the employee experience doesn't end at the exit interview". Examples of corporations with corporate alumni programs include: P&G,

HSBC HSBC Holdings plc ( zh, t_hk=滙豐; initialism from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business li ...

, Nestle,

Accenture Accenture plc is a global multinational professional services company originating in the United States and headquartered in Dublin, Ireland, that specializes in information technology (IT) services and management consulting. It was founded in 1 ...

, McKinsey and Pearson, and professional services organizations such as

McKinsey & Company McKinsey & Company (informally McKinsey or McK) is an American multinational strategy and management consulting firm that offers professional services to corporations, governments, and other organizations. Founded in 1926 by James O. McKinse ...

are often cited in the news for their prominent alumni who include CEOs of organizations including Google, Morgan Stanley, Boeing and others.

References

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