Downsizing and Redundancy - Outplacement Programs and How They Can Be Good For Business

Times aren't like they used to be. Once upon agiving them and their former employer peace of
time, when a person was laid off from his or hermind.
job due to downsizing or other reasons, their nextThe Components of an Outplacement Program
step to finding a new job was get in line at theThe services provided by an outplacement
local unemployment office or start circling theprogram include benefits for employers and
classified ads in the newspaper. Essentially,employees. A good outplacement program can
separating employees were left on their own tohelp to plan terminations and layoffs, severance
seek new employment. Nowadays, organisationalpackages and to train and counsel managers
restructuring can lead to generous financialcharged with the responsibility of conducting
benefits and employee access to outplacementemployee separations. These are tasks that
programs which can ease the transition.normally cause a business manager a lot of time,
Outplacement done well offers employees a farmoney, and aggravation and can be costly if done
more palatable means of separating from anpoorly. The program can provide trained
organisation, and can leave their formercounsellors to be on the spot the day of
organisations a legacy of surprising benefits.termination. The representative can meet with
Outplacement programs are designed to assist inthe employee immediately after news of their
the career transition of laid off employees, helpingseparation, advise on how to cope with the
both departing employees and their employersexperience, and even counsel how to relay the
with various aspects of the employee separationnews of the workplace redundancy to their
process.family. Through career transition assistance,
How an Outplacement Program Can Be Good Foroutplacement suppliers offer separating
Businessemployees the more traditional job search training
Companies who provide a good outplacementand can link redundant employees with financial
program are supplying employees with a life lineplanning and family counseling. Outplacement
to regain that sense of personal security andservices can also be extended to skills or
control which is threatened in times of downsizingmanaging change for employees as well as skills
and redundancy. While outplacement programsfor managers in leading organisations in transition.
make sense for employees, they are also goodHow to Select Outplacement Providers
for business. A company benefits from anAs an employer, the responsibility of choosing an
outplacement service in many ways.outplacement provider falls to you. There are a
- Ease the stress. The stress of having thosefew key decisions to make and questions to ask
dreaded redundancy conversations within choosing help for you and your employees in
employees is alleviated knowing you have thethe event of downsizing:
support of people who are specialised providers- What is the outplacement supplier's area of
of these services.specialty and their experience?
- Bolster Productivity. Organisations in transition- Do you need more than one supplier to
typically experience falls in productivity and moraleadequately address your business needs?
due to uncertainty and distraction. Outplacement- How long will the outplacement service last and
programs can go a long way to replacinghow much will the service cost?
uncertainty with greater resilience and focus, by- What is the scope of their services? Do they
supplying employees with new skills and asupport senior executives as well as employees?
renewed level of confidence and control with- Do they have experience in the latest methods
respect to their future career, finances andof job search such as internet search and
personal resiliencenetworking?
- Avoid costly unfair dismissal claims. They can- Is job search the only outplacement service you
advise on constructing severance pay and ensureare prepared to support or are you willing to
companies remain compliant with relevant awardssupport counseling in more flexible alternatives
and conditions.such as career breaks, early retirement,
- Improve the quality of your redundancyvolunteering or small business management?
conversations. Specialist providers can counsel- Do they offer one-on-one career transition
managers on what to say and how to say it andservices or will former employees only have
supply confidential counseling services to thoseaccess to job search materials?
employees whose positions are made redundant.Economic predictions for the near future will
- Ease post-redundancy business trauma Theyensure that the potential of downsizing and
can even come to the aid of managers andemployee redundancy remains on the agenda for
employees remaining with the business after themany businesses. For the business faced with
redundancy program is concluded A goodthese hard decisions, well-managed outplacement
program will help ease the tensions of thesesolutions offer the ROI of a sound risk
remaining employees who worry if they are themanagement strategy, and may also be part of
next to be laid off or whether can they manageyour industrial awards and instruments. Even
the tasks left to them from a former employee.without regulations, a good outplacement program
- Ease the burden of managing employeeis like having an extra insurance policy to help
transitions. An outplacement service can help easeguard against the pitfalls of redundancy programs
the transition for employees who have lost theirfor the business, for the redundant employee, and
job as well as those who are remaining, whilefor and those who will remain in the organisation.