Your business is about to enter a period of restructuring, and job losses are inevitable. Although there is no requirement for employers to help laid-off employees transition into new jobs; the cost of not providing an outplacement service can be high.
Investing in an outplacement program when restructuring, pays dividends for both the employees who are moving on, as well as those who remain. It is the best way to help your team move through this period, and face a positive future. It also supports the business management team and owners through this highly emotive and challenging time.
As outplacement specialists, our skills are continually sought by small and large businesses to help make this process smoother and fairer for everyone involved. When we enter the picture, there are five main benefits. Let’s look at each.