It is not unusual for a time of restructuring and redundancy to be fraught with emotion; this over and above complex processes that come into play.
Employing an outplacement service to the above scenario may be a step in the right direction, but getting the right company on board is what will make the difference in easing a difficult time for all with efficiency, professionalism, and empathy.
Outplacement services assist the company in efficiently exiting employees associated with roles that have been made redundant. Over and above processes for the company related to the exit process, the outplacement service helps the departing employee with:
- networking tips, techniques, and opportunities
- CV updating and cover letter writing
- job search resources and techniques
- interview preparation
- tips and tools on building and maintaining resilience
We often get asked by businesses how to identify the best or most suited outplacement service. So, we’ve come up with these three pointers:
The Full Process
An important question to consider is whether the outplacement company helps both companies and departing employees equally, seeing the person made redundant as an individual, not a number, and guiding them through the entire redundancy and rehiring process.
Check Check Check!
Check reviews and testimonials on the Outplacement Company from both the business going through restructure and departing employees. In particular, look for feedback with a recurring thread; this constant variable tells a tale. Check the dates of the feedback too, is it recent enough to still be relevant?
Different companies have different budgets, and an outplacement service needs to be cost-effective to your organisation. Often redundancy is part of a cost-saving exercise for the business, and it may appear ironic to spend money to save money. However, we urge you not to skimp on letting people go; our tip here is to search for a cost-effective outplacement service, not a cheap one!
Our Outplacement Services here at Executive Connexions offers career transitioning as part of the outplacement service. Therefore, supporting the business and seeing the exiting staff member through a complete process from departure to finding their next role.
With a 92% success rate in executive outplacement, we welcome you to book a chat with us here, whether you are an individual or company potentially needing outplacement support.