rehirement

Pronunciation: \ri-ˈhī(-ə)r-mənt\
Function: noun

1 a : an act of rehiring : the state of being rehired b : after unceremoniously having your position or occupation eliminated by a company that you have given the best years of your life’s work to and being unable to find meaningful work elsewhere in the succeeding year, said company one year later employs you albeit in a different division and at a lower wage scale thus leaving you wondering why you didn’t spend the past 6 months in Italy enjoying yourself instead of worrying about your ever dwindling severance package and pounding your head against the wall trying to find your next great career move.
2 : a job

After being out of work for exactly one year, on June 1 I begin my new job. In spite of this, I am looking forward to my rehirement.

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