Job loss is painful for a number of reasons, both for the company as well as the impacted employees. While nothing can take away the pain, outplacement services help ease the situation.
Now, it may seem counter-intuitive for the organization to invest more money in additional services when trying to cut costs, but engaging in Outplacement services offers both a practical approach to individuals and solidifies the moral imperative for the company.
Why outplacement is a good business decision:
- Outplacement minimizes the risk of lawsuits and long-term unemployment filed by disgruntled employees. Contribute to their future so they do not look to the past with contempt and bitterness.
- Outplacement provides a sense of comfort to the people that are still employed by the organization.
- Outplacement can be the difference in a great company reputation and a poor company reputation.
- Outplacement directly affects your company’s brand. Outplacement brands the company in a positive light, exhibiting that the company cares about what happens to the people impacted. Do not forget, down the road you will need to recruit quality talent. It will be much easier to recruit if you maintain happy employees, a good brand, and positive W.O.M. (word-of-mouth).