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Navigating Rehire Waves at UWM Holdings: Strategies for Returning to Familiar Shores

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Healthcare Provider Update: UWM Holdings provides health, dental, and vision insurance to its employees, along with disability and life insurance. The company offers a 401(k) match, paid time off, and on-site amenities including a doctors office, fitness center, and coffee shops. Employees also benefit from adoption assistance, sabbaticals, and mortgage discounts. UWM Holdings Healthcare costs in the United States are projected to continue rising through 2026, with insurers proposing significant premium increases for Affordable Care Act (ACA) plans. A recent analysis found that ACA insurers are seeking a median premium increase of 15% for 2026, marking the largest hike since 2018. This surge is attributed to factors such as the anticipated expiration of enhanced premium tax credits, rising medical costsincluding expensive medications and increased hospital staysand a shift in the risk pool towards higher-cost enrollees. Without the renewal of enhanced subsidies, out-of-pocket premiums for ACA marketplace enrollees could increase by more than 75% on average. Click here to learn more

'UWM Holdings 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.

'UWM Holdings 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 UWM Holdings are using technology to streamline rehiring.

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

Many UWM Holdings 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 UWM Holdings 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 UWM Holdings.

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.

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

Ultimately, the decision to return to UWM Holdings 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 UWM Holdings, 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 UWM Holdings 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, UWM Holdings 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 401k plan offered by UWM Holdings?

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

How can I enroll in the UWM Holdings 401k plan?

Employees can enroll in the UWM Holdings 401k plan by completing the enrollment form available through the HR portal or by contacting the HR department for assistance.

Does UWM Holdings offer a matching contribution for the 401k plan?

Yes, UWM Holdings offers a matching contribution to the 401k plan, which helps employees maximize their retirement savings.

What is the employee contribution limit for the UWM Holdings 401k plan?

The employee contribution limit for the UWM Holdings 401k plan is set annually by the IRS, and employees should check the latest guidelines for the current limit.

Can I change my contribution percentage to the UWM Holdings 401k plan?

Yes, employees can change their contribution percentage to the UWM Holdings 401k plan at any time by submitting a request through the HR portal.

What investment options are available in the UWM Holdings 401k plan?

The UWM Holdings 401k plan offers a variety of investment options, including mutual funds and target-date funds, to suit different risk tolerances and investment strategies.

When can I access my funds from the UWM Holdings 401k plan?

Employees can access their funds from the UWM Holdings 401k plan upon reaching retirement age, or under certain circumstances such as hardship withdrawals or termination of employment.

Is there a vesting schedule for the UWM Holdings 401k plan?

Yes, UWM Holdings has a vesting schedule that determines how much of the employer's matching contributions employees are entitled to based on their years of service.

What happens to my UWM Holdings 401k plan if I leave the company?

If you leave UWM Holdings, you have several options for your 401k plan, including rolling it over to another retirement account, leaving it in the UWM Holdings plan, or cashing it out.

Can I take a loan against my UWM Holdings 401k plan?

Yes, UWM Holdings allows employees to take loans against their 401k plan, subject to certain terms and conditions outlined in the plan documents.

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