Laying off employees isn't just a difficult decision that adversely affects them. It can have a high morale, reputational, and monetary cost associated with it as well. With the prevailing opinion that corporations don't really care about their employees being so prevalent these days, it's crucial for your organization to show it cares about employees. That's where outplacement enters the picture. Outplacement-the use of a service to coach, train, place, and help displaced employees find new careers fast-is, perhaps, one of the best lifelines available for both an organization and its affected employees. Here are the five best reasons to use outplacement services from both an employer and candidate perspective.
Contents
1. Insight And Technology
2. High Value For Employers
3. Resumes
4. Career Coaching
5. Online Resources
1. Insight And Technology
The best way outplacement can help both displaced employees and employers is by leveraging technology and analytical insight to provide value for both parties. For the employer, regularly updated insights into how quickly candidates are being placed, along with regular communication and/or an online portal gives employers peace of mind and return on investment. For employees, a technology hub allows them to access everything they need to remotely from the comfort of their own home. They can then work with career coaches, resume writers, and specialists to help them get an interview, lead, or vital networking opportunity.
2. High Value For Employers
As we mentioned above, some of the inherent problems associated with a layoff can include reputation, financial, or personnel issues that'll plague an organization for a long time. Poor morale amid current and remaining staff, combined with reputational losses caused by bad reviews on social media and sites like Glassdoor can be very detrimental to your organization. Loss of reputation means loss of customers and backlash from the general public (among other, much worse, problems). Poor morale results in reduced productivity and possibly high turnover rates. That's not even mentioning giving off the perception that your corporate values are meaningless and you don't care about the human element. Outplacement helps you get displaced employees into new jobs while preventing/reducing issues in these areas. A good outplacement service will also supply key insights into their success transitioning candidates into new jobs, making it a high value for employers as well as candidates. Think of outplacement as a business partner who can give you insights and results with a technology oriented model.
3. Resumes
Outplacement really shines when it comes to helping candidates find new jobs. There are two significant services that lend themselves well to this effort. The first is resume writing. A good out placement service can tailor a resume to whatever your skills and experience happen to be, in an effort to help you land a new role in a different company fast. The key to a solid resume is keeping it short, simple, to the point, and completely accurate. Your outplacement coaches will facilitate this effort, helping you get past automated resume parsing systems and hopefully into an interview with a new company or firm.
4. Career Coaching
The second major focus area for outplacement is in career coaching. The concept of career coaching is pretty straightforward. Career coaches are a wonderful part of working with modern outplacement services, candidates can benefit from the expertise of at least three career professionals. Career coaches are accessible, personable, and friendly. They strive to know the personal and professional goals of the candidate so that they may help them find and land a job in which they will thrive. They're fast and they customize each coaching session to the candidate. Better yet, career coaches can also hand-pick job opportunities that are ideal for a candidate, helping them get a leg up when it comes to finding a new role. If there's one essential aspect of outplacement that should be perfect, it's career coaching.
5. Online Resources
The final (and quite essential) benefit of outplacement is the comprehensive set of online resources a tech-based company can provide for its clients/candidates. During a job search, consistency is the key to success. So, online resources that train you on specific aspects of the job search and a library of useful information can go a long way to helping you succeed. Furthermore, using technology to rank and match you to job opportunities while allowing candidates to access it easily is one of many ways out placement can benefit employees via online resources and tools.
Final Takeaway
Using outplacement as an employer helps improve the company's reputation, shows it cares about employees, and ultimately creates a better environment for everyone. For displaced employees and candidates, it's an opportunity to find a new role-or even a fresh career-and transition from an unexpected, unfortunate event to something that will change their future for the better.
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