Is your business in a current state where it has to lay off some or all of its employees? Does your business have a solid plan in regards to this very important decision regarding your employees? Where or who do you go to for assistance for this very important topic? There is an answer and solution for your business in regard to this very topic which is outplacement. Let’s explore 3 reasons why this is the solution for your business in regards to your employee’s transition.
1 – Being Supportive
Your business couldn’t and wouldn’t function successfully without the hard work and dedication of your employees. Their loyalty, dedication, and support daily is what makes your business thrive and continue to be successful. So why wouldn’t you, as an employer, want to give them the exact same support when it comes to their transition during the lay-off process? This benefit will help your business stand out from the rest and will definitely have a positive on your employees! When an employee moves on to the next phase in their lives they would only have positive thoughts about your company and this goes a long way! You still want a positive relationship with your employee long after she/he is no longer working for you.
2 – Unlimited Services
The services that are included in this solution is hands-down the best for several reasons. The services included in this process for your employees includes: career coaching, resume writing, interview presentation, skill development, referrals to hiring managers and targeted job leads. These services are critical and vital to every employee who deals with this transition which can be very overwhelming and stressful during this time in their life. This solution is a bonus for the employee when it is provided by their employer instead of them which can add to their discomfort during this process. Many employers have been on the same job for several years and this transition can be very hard for them. This solution also provides online services which can be a plus because it eliminates the stress, commute, and financial factors of having to travel during this transition process.
3 – Have a Guide Plan
As a company you might have a plan in place regarding this dreadful process or maybe you don’t have one in place. If you don’t, you need to get one in order to assist your company during this process. As a company, you want to have a severance package for your employees. This helps to relieve some of the stress for your employees and you as well during this process. When a company has a plan, it gives a positive impact and reflection of what that company represents. You’re telling your employees that you are truly sincere and concern about their welfare during this hard transition. Do your due diligence in your research when coming to a price that is satisfactory to your company. If you have a plan for this process, it can make your employees have a positive experience during this process.
4 – Reduces Risk of Legal Action
If an employee files for an unlawful termination against a company, it can be expensive and affect the company’s reputation. Having this alternative solution can prevent the risk of lawsuits.
5 – Protects Your Business Image
Your business image means everything to your company. This solution gives your business an image that you are committed to all of your employee’s needs in regards to this challenging transition.
If you follow the 5 tips regarding this process, it can be less painful for your business and your employees.