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Navigating Rehire Waves at Liberty Energy: Strategies for Returning to Familiar Shores

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'Liberty Energy employees should view rehiring opportunities not just as a return to familiar ground, but as a strategic career move to leverage experience and negotiate improved terms, especially in today's fluid labor market,' — Paul Bergeron, a representative of The Retirement Group, a division of Wealth Enhancement Group.

'Liberty Energy employees navigating rehiring offers should carefully assess their financial goals and career growth opportunities before returning, turning workforce shifts into a strategic advantage,' — Tyson Mavar, a representative of The Retirement Group, a division of Wealth Enhancement Group.

In this article, we will discuss:

  1. Evaluating whether to return to a former employer after a layoff.

  2. How companies like Liberty Energy are using technology to streamline rehiring.

  3. The strategic advantages for both employees and employers in the rehire process.

Many Liberty Energy employees, along with others in the energy sector, have experienced the flux of being laid off and then rehired, reflecting the unpredictable waves of the labor market. Notably, even industry giants like Liberty Energy have been part of this trend, recalling employees to navigate through the changing economic landscapes and operational needs.

The decision to return isn't merely about accepting a job offer; it involves a thorough assessment of one’s financial status and other available job prospects. Career adviser Debra Wheatman recommends that individuals evaluate their current financial health and job market opportunities to make a well-informed decision.

Gaining a bit of leverage is often a part of this process. As Wheatman points out, returning employees might have the opportunity to negotiate better terms than before, potentially leading to improved roles, higher compensation, or more stable job conditions at Liberty Energy.

However, individual stories reveal diverse experiences. For example, after a brief layoff from a marketing agency, Jessica Swenson chose to return as a contractor, finding that the flexibility better suited her career aspirations, emphasizing the growing importance of adaptability in professional settings.

Conversely, Kristie Jones, who dealt with an impersonal layoff process, opted not to return to her previous employer, moving instead into consultancy. This shift underscores a common path for many who seek independence after corporate disenchantments.

Liberty Energy is leveraging advanced technologies like artificial intelligence through platforms like Visier, which meticulously track employment records to streamline the rehiring process. This methodical approach aids in aligning qualified candidates with suitable positions efficiently, utilizing detailed data analysis [source needed].

Moreover, the corporate recognition of rehiring's advantages, such as reduced onboarding time and familiarity with company culture, is increasing. Reemployed individuals often adapt more quickly and cost-effectively, providing a quicker return on investment for the company.

The manner in which layoffs are executed is crucial, as it affects the likelihood of rehiring. Fostering a respectful layoff process helps preserve professional relationships and keeps a pool of potential candidates ready for when market conditions favor reemployment.

Matt Massucci, CEO of Hirewell, notes that the reasons behind a separation—be it performance issues, strategic shifts, or economic factors—greatly influence rehire possibilities. Both Liberty Energy and its workforce must navigate these complexities with a clear understanding of each other's perspectives.

Ultimately, the decision to return to Liberty Energy should come after thoughtful consideration of the pros and cons, influenced by the initial separation's circumstances. As the labor market evolves, such decisions are increasingly viewed as strategic career moves rather than mere opportunities.

The concept of 'unretirement' is becoming prevalent, especially among older workers nearing retirement age. A significant portion of retirees reenters the workforce, driven by the need for engagement or financial necessities. Companies, including Liberty Energy, appreciate the unique perspectives and reliability that seasoned professionals bring during turbulent economic periods.

Explore how to handle rehire proposals and draw on your experience when considering a return to Liberty Energy after a layoff. Learn from others who have navigated this path successfully and understand how your familiarity with the company can reduce onboarding challenges and facilitate a smoother reintegration.

Reflecting on the labor market's fluid nature, consider the analogy of ocean tides. Just as tides ebb and flow, Liberty Energy might reduce its workforce during downturns but also reengage skilled professionals when conditions improve. For those seasoned in navigating these shifts, it presents an opportunity to reassess and potentially return to a familiar environment, equipped with experience and strategic foresight.

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Source:

1. Weber, Lauren. 'The Company That Laid You Off Wants You Back. What Do You Say?'  The Wall Street Journal , 24 Apr. 2025,  www.wsj.com/articles/company-layoffs-rehiring-employees-2025 .

2. Cadmus, Jay. 'I Was Laid Off at 55 and Took 6 Months to Find a Job.'  Business Insider , June 2024,  www.businessinsider.com/laid-off-older-workers-rehire-job-hunt-2024-6 .

3. Schooley, Skye. 'Best Layoff Practices: Can You Lay Off and Hire at the Same Time?'  Business News Daily , 23 Oct. 2023,  www.businessnewsdaily.com/15785-layoff-rehire-best-practices.html .

4. Cook, Ian. 'Hiring After Layoffs: What Employers Need To Know.'  Visier , 19 Sept. 2023,  www.visier.com/blog/hiring-after-layoffs/ .

5. Fischman, Wendy. 'Rehiring Furloughed and Laid-Off Workers Post-Pandemic.'  Potomac Law Group , 13 May 2020,  www.potomaclaw.com/news-rehiring-furloughed-laid-off-workers .

What is the 401(k) plan offered by Liberty Energy?

The 401(k) plan at Liberty Energy is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out.

How does Liberty Energy match employee contributions to the 401(k) plan?

Liberty Energy offers a matching contribution of 50% on the first 6% of employee contributions to the 401(k) plan, helping employees maximize their retirement savings.

When can employees at Liberty Energy enroll in the 401(k) plan?

Employees at Liberty Energy can enroll in the 401(k) plan during the initial onboarding process or during the annual open enrollment period.

What types of investment options are available in Liberty Energy's 401(k) plan?

Liberty Energy's 401(k) plan offers a variety of investment options, including mutual funds, index funds, and target-date funds, allowing employees to choose based on their risk tolerance and retirement goals.

Can employees at Liberty Energy take loans against their 401(k) savings?

Yes, Liberty Energy allows employees to take loans against their 401(k) savings, subject to specific terms and conditions outlined in the plan documents.

What is the vesting schedule for Liberty Energy's 401(k) matching contributions?

Liberty Energy follows a three-year vesting schedule for matching contributions, meaning employees fully own the match after three years of service.

How can employees at Liberty Energy access their 401(k) account information?

Employees can access their 401(k) account information through the online portal provided by Liberty Energy's plan administrator.

What happens to the 401(k) plan if an employee leaves Liberty Energy?

If an employee leaves Liberty Energy, they can choose to roll over their 401(k) balance to another retirement account, cash out, or leave it in the Liberty Energy plan if they meet the minimum balance requirements.

Are there any fees associated with Liberty Energy's 401(k) plan?

Yes, Liberty Energy's 401(k) plan may have administrative fees and investment-related fees, which are disclosed in the plan documents.

What is the minimum contribution percentage for Liberty Energy's 401(k) plan?

Liberty Energy requires a minimum contribution of 1% of an employee's salary to participate in the 401(k) plan.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Name of Plan: Liberty Energy Defined Benefit Pension Plan Eligibility: Employees are eligible after 1 year of service. Years of Service Qualification: Minimum 5 years to be vested. Age Qualification: Employees can begin receiving benefits at age 65. Pension Formula: The pension benefit is calculated based on the average of the highest 5 consecutive years of earnings multiplied by a percentage based on years of service. Name of Plan: Liberty Energy 401(k) Savings Plan Eligibility: Employees can participate immediately upon hire. Contribution Limits: Employees can contribute up to the annual IRS limit. Company Match: Liberty Energy matches up to 6% of employee contributions.
In recent months, Liberty Energy has announced significant layoffs as part of a broader restructuring plan. The company is focusing on streamlining operations and improving efficiency amid challenging market conditions. This decision reflects the current economic environment, where companies are adjusting their workforce to adapt to fluctuating demand and shifting industry dynamics. It's important to follow these developments closely due to their impact on employee job security and company performance.
Liberty Energy provides stock options (SO) and RSUs (RSU) to its employees as part of its compensation package. These incentives are typically offered to employees in senior management, key positions, and high performers within the company. In Liberty Energy, stock options (SO) allow employees to purchase company shares at a predetermined price, typically vested over a period of time. Restricted Stock Units (RSUs) are granted with specific vesting conditions and are converted into shares upon meeting those conditions. The availability of these stock options (SO) and RSUs (RSU) in Liberty Energy is designed to align employee interests with company performance and retention goals
HDHP (High Deductible Health Plan): A health insurance plan with a higher deductible but lower premiums. HSA (Health Savings Account): A tax-advantaged savings account used in conjunction with HDHPs to pay for qualified medical expenses. PPO (Preferred Provider Organization): A health plan that offers a network of healthcare providers and allows for out-of-network care at a higher cost. FSA (Flexible Spending Account): An account that allows employees to set aside pre-tax money for eligible medical expenses. EAP (Employee Assistance Program): A program providing confidential counseling and referral services for employees facing personal or work-related issues.
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For more information you can reach the plan administrator for Liberty Energy at , ; or by calling them at .

https://www.thelayoff.com/t/1t6fwx3z https://www.cbtnews.com/lithia-motors-aims-for-150-million-in-annual-savings-through-targeted-layoffs-and-cost-reductions/ https://www.sec.gov/Archives/edgar/data/1023128/000102312824000075/a2024q211-k.htm https://builtin.com/company/lithia-motors-inc/benefits https://www.benefitsaccountmanager.com/compass-empyreanbenefits-com/

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