How a company helps its displaced or exiting employees can have a major impact on corporate reputation and integrity. Providing outplacement and/or career transition services benefits everyone involved.
Downsizing and staff reductions are traumatic for everyone. Management loses employees, former employees need to find new jobs, and remaining staff suffers the “survivors’ guilt” that comes with not being part of the terminations, regardless of cause. While outplacement services prepare those leaving the company to find other jobs, for those left behind, the services demonstrate management’s integrity and concern for their employees. The return an employer sees for communicating this message is higher productivity among remaining employees and an enhanced reputation with future recruits, as well as a lower likelihood of unemployment claims, lawsuits, or negative feedback from a former employee.