Transitioning employees after company downsizingMarch 14, 2013
By formal definition, ‘Outplacement’ refers to the efforts made by a company that is downsizing to help employees recently made redundant through the transition to new jobs and help them re-orient to the job market *. The downsizing company will often employ the services of external outplacement experts who provide services for the employee (paid for by the former employer) which are achieved through practical advice and psychological support.
Interestingly, the term outplacement was coined more than thirty years ago by the founder of a New York based career consultancy # when rates of downsizing, redundancies and lay offs, particularly during the 1980s and 1990s, were on the rise. Businesses increasingly found a need for some form of assistance in reducing the trauma of redundancy for both departing employees and those who remained.
Redundancy, or losing a job, can be a very stressful experience – for both the downsizing company and the person being made redundant. Specialist outplacement services provided by professional and experienced HR consultants can alleviate the pain and distress this process can cause.
HR4Business provides Geelong outplacement services either through individual one-on-one sessions or in group format, and can include career guidance, career evaluation, resume writing, interview preparation, networking tips, job search training/skills and targeting the job market. If your business needs assistance in outplacement of employees, please contact HR4Business on email or call (03) 5222 6695.
(Sources: * Doherty, N. (1998). The role of outplacement in redundancy management. Personnel Review, 27(4), 343. # Littler, C. R. (2003). Understanding the HR Strategies of the 1990s, University of Queensland Business School Seminar Series)