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Navigating Rehire Waves at Polaris: Strategies for Returning to Familiar Shores

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Healthcare Provider Update: Polaris is associated with UnitedHealthcare as its primary healthcare provider. For Polaris employees, the anticipated spike in healthcare costs in 2026 is concerning. With recent projections indicating that Affordable Care Act (ACA) premiums could surge by as much as 66% in certain states, many employees may face a substantial financial burden due to the expiration of enhanced federal subsidies and ongoing medical cost inflation. This means that individuals reliant on ACA marketplace plans could see their out-of-pocket expenses increase dramatically, complicating budgeting for healthcare needs in the upcoming year. It's crucial for these employees to take proactive measures to navigate the financial landscape they anticipate facing in 2026. Click here to learn more

'Polaris 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.

'Polaris 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 Polaris are using technology to streamline rehiring.

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

Many Polaris 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 Polaris 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 Polaris.

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.

Polaris 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 Polaris and its workforce must navigate these complexities with a clear understanding of each other's perspectives.

Ultimately, the decision to return to Polaris 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 Polaris, 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 Polaris 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, Polaris 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 Polaris 401(k) plan?

The Polaris 401(k) plan is a retirement savings plan that allows employees to save for their future by contributing a portion of their salary on a pre-tax or Roth basis.

How can I enroll in the Polaris 401(k) plan?

You can enroll in the Polaris 401(k) plan by accessing the employee benefits portal or contacting the HR department for assistance with the enrollment process.

What is the employer match for the Polaris 401(k) plan?

Polaris offers a competitive employer match for the 401(k) plan, typically matching a percentage of your contributions up to a certain limit. Please refer to the benefits guide for specific details.

Can I change my contribution rate to the Polaris 401(k) plan?

Yes, you can change your contribution rate to the Polaris 401(k) plan at any time through the employee benefits portal or by contacting HR.

What investment options are available in the Polaris 401(k) plan?

The Polaris 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to help you diversify your portfolio.

When can I start withdrawing from my Polaris 401(k) plan?

You can start withdrawing from your Polaris 401(k) plan without penalty after reaching the age of 59½, but there are also options for hardship withdrawals under certain circumstances.

Does Polaris offer a Roth 401(k) option?

Yes, Polaris offers a Roth 401(k) option, allowing employees to make after-tax contributions that can grow tax-free.

How often can I make changes to my investments in the Polaris 401(k) plan?

You can typically make changes to your investment allocations in the Polaris 401(k) plan on a regular basis, often daily, depending on the plan's rules.

What happens to my Polaris 401(k) if I leave the company?

If you leave Polaris, you can choose to roll over your 401(k) balance to another retirement account, cash it out (which may incur taxes and penalties), or leave it in the Polaris plan if allowed.

Is there a vesting schedule for the employer match in the Polaris 401(k) plan?

Yes, Polaris has a vesting schedule for the employer match, meaning you will need to work for the company for a certain period before you fully own the matched funds.

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