Outplacement is a type of support service provided by the organization to support their terminated employees in transitioning to a new job. It benefits both the employee and the organization as the employees who have been transitioning from one job to another have to go through a lot of stress and turmoil and mitigate risks. Such services help them to relieve their anxiety and stress after a rough phase. These services are provided in situations of workforce restructuring, layoffs, plant closure, project dismissal, or other circumstances that include involuntary job transitions. A varying suite of resources, tools, training, and support is provided from the employer’s side to help the transitioning employee to find a new venture or start their own company or as some cases suggest, consider an option for retirement.
The organizations hire outplacement services providers to dive into a standardized outplacement program for the employees. Manpower Group India is one such institution that helps employers to formulate a helpful set of outplacement activities that can be executed on the laid-off employees. Proper onboarding services are provided that allow the outplacement coach to gain all the paramount information about any of the specific employees. They go from digging about their professional goals, future ambitions, experiences, etc.
A full-fledged outplacement program also incubates and apprehensive resume writing program. It is quite surprising that on average, a recruiter tends to spend not more than six seconds glancing at the potential employee’s resume. That is why it holds paramount importance to present the resume in such an appealing way that it allures the recruiter to take interest in the candidate. Like an SEO, we find keywords related to the job description to make the most out of those glances that the employer is going to spare. This activity holds a much crucial role in the process as it should be done on a priority basis. This process holds importance for the employer as well. The sooner we get done with this activity, the better the employee turnover time will come out to be. In today’s technologically advancing world, these laid-off employees are also provided with an adequate level of in-house training programs so that they are not lacking in any new development in the respective field.
SIGNIFICANCE OF OUTPLACEMENT SERVICES
Outplacement services have an innumerable set of benefits for both the employer and the employees. These services help the employees to reduce the feelings of insecurity, fear, and anger that come with an involuntary layoff. On the employers’ end, the least they can do to let the employees go of those resentful feelings is by providing them with the much-needed support and guidance to get into another job. This also helps in reducing the possible legal issues that an employer may get into against the terms that may look favorable on their side.
Strong branding is critical in attracting the best talent for your company. It reduces an adverse impact on the company’s social image when they ensure that they have made all the possible arrangements to focus on the careers of their immediate laid-off employees. When the employees are satisfied that the organization is as much concerned about their career as they are, they are discouraged to cause any tangible damage to their reputation. These advocacies matter a lot in maintaining the social image of the organization when they are hunting for new talent. The scheme seems appealing to qualified talent and new business.
The outplacement services are well observed by the existing employees. This instills a feeling of loyalty towards the company in their hearts as they are ensured that their professional future is going the right way. It increases their efficiency and effectiveness as they are motivated to work better.
Having a professionally aided outplacement program will impact the working of an organization in the most advent ways. From both business and brand points of view, these services are worthy investments. You can drive cost savings, leave a positive influence of your human resource management on your employees and the laid-off transitions and position a long-term success that will eventually bring all the benefits to your organization.