5 Important Things to Take Care before Selecting an Outplacement Service
Many companies cut back hiring to attain accelerated growth. In fact, many fast-growing companies that hired too many people too quickly often find themselves in a state to let their people go. Letting go employees is not easy, but the transition can be made smoother with a good outplacement plan. Instead of one-time cash payment, outplacement services help workers to move forward with a range of services, like career counseling, resume advice, interview coaching, etc.
An outplacement plan benefits both organization as well as employees in different ways. It helps an organization to stay competitive in the industry and maintain a positive relationship with their departing workers.
There are chances that your employees don’t know about outplacement services or underrate its value. However, if you have decided to get associated with an outplacement service and take help of career transition specialists, here are some things to consider?
What type of services does your outplacement provider offer? Some of them conduct group sessions where employees get to meet their career coaches face-to-face. It is advisable to go for an outplacement service that offers constant access to their coaches, and your departing employees can contact them over the phone, via email or in person. Make sure that their approach provides flexible, accessible and affordable outplacement support to cater to your needs.
Losing one’s job is difficult in every kind of support, be it financially, practically or emotionally. Too many outplacement providers concentrate on only practical concerns without caring about the emotional part. Choose a considerate career transition specialist who offers consistent and comprehensive support to your employees.
There is not an all-size-fit-one solution for recruitment. So, outplacement plans shouldn’t be standardized. Every employee is different and needs a different set of assistance. Some may need rigorous job coaching while others may just need a little help with networking; some may not need at all. Conducting exit interviews can help assess the best outplacement plan for each employee. Choose an outplacement services provider that takes care of your employees. It will help them understand that you are considerable about them. Whether it is job search management tools, referrals to financial advisors, social networking advice, outplacement services should ready to work together with you to create personalized plans.
Employees who have been working for a long time with your or are new may not get a chance to develop an extensive network. Helping them with networking can be a great relief for them. It will make their job easier.
Choose an outplacement service that helps your employees to do so in a variety of ways, like offering advice on how to network to connect displaced employees with alumni willing to offer help. Ensure that the outplacement services provider use technology driven solutions to do this task.
It is essential to look for the recommendation before you sing up for anything with an outplacement service provider. It is important to go through the history and past works of a company before you commit. Referring to prior recommendations and case studies will expose how far an outplacement provider can help your departing workforce. If a company has received excellent recommendations from previous clients, you can safely proceed with their services.
When you are ready to choose an outplacement company, there are multiple things to consider. If you are new, it may be a tricky decision. An outplacement service plays a crucial role in talent management, employee career transition success and your brand reputation. So, you can never underrate the importance of picking up a good provider. Always choose a company that perfectly understands your employer-employee relationship.