Professional and well-known companies always take care of their employees even after they leave their firm. Outplacement is the demand of today’s age and is very necessary as it helps the laid off employees to find a good job and navigate in the job market easily. If there are more recessions, more companies will go towards the event of lay-off of their employees and thus there will be more need for providing the outplacement services.
What does an outplacement company do?
An Outplacement Company provides services to other companies or people to help them recover from the job loss and find another good one. These services are mostly contracted by the firms who have laid off their employees and assist them in transitioning to another job in a smooth way. In almost all the cases, the employer has to pay for the outplacement services but sometimes the people receiving the services pay themselves too.
These services include counseling the person or group of people who have recently gone through a job loss and want guidance regarding the job market and job searching techniques. Most of the laid off employees are not aware of these services and it gets very difficult for them to navigate in the job market and find a good job for themselves. Outplacement Coaching includes services such as creating resumes, CVs, and cover letters to apply for the job. Sometimes these services are provided online too, so that the employee doesn’t have to travel all the way and reach the destination. Some additional outplacement services can also be provided over phone or through SMS.
Benefits of outplacement services:
Outplacement services are very beneficial for both, the employer and the laid off employees. As an employer, if you provide the outplacement services, it will add to your image and will create goodwill between you and the employees. Considering the Outplacement Fee, the amount is not too much and in return you will get the appreciation from the job industry and also develop loyal employees for your company. You must evaluate various factors such as the duration of outplacement services, and what services should be provided to the laid-off employees as a part of this plan. As an employer, your aim should be to help the laid-off employees to get a new job as soon as possible. This will help the nation as a whole, and will decrease the unemployment in the country.