As an employer, the difficult decision to lay off employees is sometimes unavoidable. Fortunately, outplacement services can make this transition smoother and more positive for everyone involved. At Balance Staffing, we understand the importance of supporting employees through career changes while safeguarding your company’s reputation. Let’s explore what outplacement is and how it works.
Defining Outplacement
Outplacement, also known as career transition services, is an employer-sponsored benefit provided to employees who have been laid off. These services, often part of a severance package, are designed to help individuals transition smoothly to new positions or industries. Outplacement typically includes career coaching, interview training, job search advice, and more.
How Outplacement Services Function
Outplacement services can be delivered one-on-one or in group settings, both in-person and online. While some companies may choose to handle outplacement internally, many partner with third-party providers to manage these services. For smaller organizations with limited resources, outsourcing is often the most practical option.
After layoffs, the employer sends a list of affected employees to the outplacement provider. Employees then contact the provider to access services, usually starting with a meeting with a career coach who explains the available support. While some providers allow immediate access to services, others may have a waiting period.
It’s crucial to note that outplacement services do not directly place employees in new jobs. Instead, they equip them with the skills and knowledge needed to navigate the job market effectively, easing the stress of job loss.
Benefits of Outplacement
Investing in outplacement services offers several advantages:
Drawbacks of Outplacement
While outplacement has many benefits, there are some drawbacks to consider:
Selecting an Outplacement Provider
Choosing the right outplacement provider is crucial. Different providers offer various services, which may include:
When selecting a provider, conduct thorough research. Read reviews, ask for references, and evaluate the staff’s experience and qualifications. If the provider uses specific software or technology, test it beforehand. Additionally, inquire about services for current employees, such as retirement solutions and resiliency training. Opt for flexible, personalized services over one-size-fits-all solutions.
Outplacement services might also be available through a human resource information system (HRIS). For more information, you can explore our resources on the best HRIS systems.
Conclusion
Outplacement services are an effective way to support employees transitioning from your company after a layoff. Choosing a qualified provider or internal staff member to handle outplacement can benefit your company by protecting your reputation, mitigating risks, boosting employee morale, and saving on unemployment costs.
At Balance Staffing, we are committed to providing comprehensive outplacement services that align with our core values of Tenacity, Agility, Authenticity, and Passion. We strive to make a positive impact on the lives of those we serve, ensuring that career transitions are as smooth and supportive as possible.