Hello again, last week we talked a little about “Psychometric Testing” and explained that it isn’t something to worry about. Today we are going to discuss Outplacement Services , it’s probably a word you’ve heard many times but were too afraid to ask and find out what is really involved.
Will we witness the same amount of redundancies in 2008 as we did in 2007? I am expecting that we will. Although I think that we still have a strong economy in Ireland, we now work in a business environment with rapid technology advancements, shorter product cycles and other factors which makes change inevitable. This change is often in the form of headcount reductions or as we know it redundancy. Once there was a time when employees joined a company and 40 years service later they got a gold watch. This would certainly be rare in today’s working environment. The rise in the number and frequency of redundancies has witnessed the rise of use of the term outplacement in boardrooms and HR circles.
Outplacement Services Recommendation
EDIT : Over the course of the year we have received many enquires from large and SME’s about outplacement services. This article was written by Paul Mullan from measurability.ie and we can recommend him as an expert on outplacement services.
What are outplacement or transition services?
Generally speaking it is a service to help companies and affected individuals through this delicate period. Outplacement covers everything to do with redundancy. Most focus in on the individuals directly affected and losing their jobs and includes coaching and support, career assessment, CV design, interview coaching and support through to finding alternative employment, education or training. Other focus from these services covers supporting those within the organisation including other employees and management not directly impacted.
What are the benefits for the individual?
Redundancy is a difficult time for those affected and even very confident individuals can suffer from a confidence lapse. Any form of support can help with the anger, fear and low self-esteem associated with redundancy. The key purpose of outplacement is to help individuals transition into new employment, education and training. Outplacement services will offer professional advice and support ensuring that this is a quicker and smoother transition.
Outplacment : benefits for the company?
Do companies offer professional outplacement for the good of there health? Well I have worked with some organisations that did genuinely care about their staff but on the whole there are benefits for the organisation and that is why they facilitate such services. Firstly it can help reduce the anger and resentment from those affected. It projects a good image to investors, customers, unaffected employees and future employees. As importantly it can help with retention and increased productivity.
Conclusions about Outplacement
Whatever the motivation of the organisation in the offering outplacement services, they should be embraced by employees as they can prove invaluable during difficult times. If you are affected by redundancy ask the question – what supports are being put in place. Most individuals focus on the lump sum payment but a facility offering professional support is worth its weight in gold.
Article by Paul Mullan of Measurability.ie. Measurability offers Career Coaching to individuals (Career Direction, CV Design & Interview Coaching) and Assessment Solutions for businesses to improve their recruitment decisions.