Selecting high-quality outplacement services is a last act of kindness you can offer
staff during the stressful experience of redundancy. No matter how redundancy
came about, the impact of this news can be catastrophic for the staff concerned
and yet it need not be traumatic, redundancy can be a positive catalyst for change.
With a good coaching service as part of the offboarding process your staff will
move on to bigger and better things, and the redundancy will be remembered
as a transition and not a trauma.
Big is NOT better
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You may think a larger outplacement company is better because size is a measure of
success, right? Wrong. There are many benefits going direct as provider of Managed Services
and Specialist Staffing solution.
The Outplacement companies’ conveyor belts
The difference between outplacement coaching using an outplacement service and using your internal HR team is the fact that
it is a customised non-bias approach. It has to be that way. This is how individuals come to terms with the shock, and the stress
of redundancy while preparing effectively for their next role. In contrast, many large outplacement companies rely on prerecorded
content, such as Youtube videos showing how to write a CV or prepare for interviews etc. Individuals are effectively
placed on a conveyor belt and receive generic outplacement coaching support that is simply not good enough in today’s
competitive and challenging recruitment market.
Why does coaching matter?
Severe disruptions to markets and economies have become more frequent in recent decades. In the next 10 years the
workplace will continue to evolve meaning development of existing staff and outplacement of other staff may be inevitable.
Yet downsizing headcount by just 1% can lead to a 31% increase in voluntary turnover in the following year, and decreased
profitability for up to 3 years.
