Why Outplacement
In today's job market, restructure and workforce change is a regular part of day-to-day business and will affect almost everyone at some point in their career. Outplacement services are a great support provided by organizations to assist individuals during career transition and career change. Employers who decide to provide outplacement services are not required to offer this support but choose to do so to assist their employees to move forward positively and on to new opportunities. This support is a strong indication of companies who care about their workforce and employer brand.
Terminating/Letting go or transitioning the employees without the proper process can have an overly negative effect on the organization and cause unnecessary business disruption.
Doing it properly requires special skills and thorough planning to ensure a smooth and successful outcome.
Even in a positive economy, layoffs happen. Downsizing and restructuring staff will continue to be necessary for survival in ever changing business scenario. For small and medium enterprises, the challenge includes meeting expectations of investors, remaining attractive to future lenders and the venture capital community, improving brand image for future and current employees.
When Outplacement service is needed?
Currently Outplacement services are extensively used in by leading global economies like US, Japan, Canada, France, Germany, China and its time India warms up to this global concept to ensure the right message goes out.
- Restructuring
- Mergers and Acquisitions
- Leadership Change
- Division/Plant Closings
- Poor Company Performance
- Poor Individual Performance
Worldwide, 85% of the organizations that offer outplacement indicate that it was very or extremely important for them to maintain positive relations between current and departing employees.
Furthermore, 83% provide outplacement as part of the company's overall business strategy to restructure and become more competitive.
Career transition and outplacement solution benefits include:
- Maximizing your integrity and commitment to your employees
- Alleviating undue employee stress
- Maintaining productivity while limiting business interruption
- Minimizing the risk of litigation
- Reducing negative impact on remaining staff morale and productivity
- Improving perception as an "employer of choice", enhance company's public image.
- Addressing staff challenges and driving engagement
- Providing significant cost savings
- It becomes part of company's corporate social responsibility commitment
Our Outplacement Service : Why Us?
Silverbridge career transition and outplacement program can assist organizations to ensure the downsizing experience is handled professionally, while achieving overall objectives. Our outplacement program, helps you transition with compassion.
Please see our program in detail at silverbridge program.