We are in unprecedented times with companies and organisations needing to cut costs and downsize staffing levels to meet the new challenges that lie ahead, due to the impact of the Covid crisis.
There will clearly be many challenges for HR, Finance and Operations in the months ahead e.g.:
- Decisions on staff who are currently furloughed
- Plans for redundancies/layoffs
- Plans for supporting staff being laid off with Outplacement
- Agreeing budgets for Outplacement support
- Making decisions on Outplacement providers and provision
- Making decisions on which employees will receive Outplacement support
Clearly not all companies will be in a financial position to be able to provide Outplacement support. However, for businesses or organisations who can, it will be important for HR to ensure the best use of your Outplacement budgets to meet the diverse needs of your departing employees.
In these challenging times, there will be a whole army of employees who will be experiencing redundancy for the first time who are likely to be in various stages of emotional turmoil. Also, there will be many employees who will either want to or need to completely re-evaluate their careers and lives, due to the nature of the work they have been doing and the future need for this type of work in the Covid and post Covid eras.
How Will HR Keep Outplacement Costs Down Whilst Still Providing Essential Emotional Support and Proven Successful Career Transition Strategies?
Recognising the importance of both cost and providing Outplacement support that can really help employees learn to manage the emotional aspects of redundancy, I have repurposed my internationally acclaimed book ‘Winning Through Redundancy- Six steps to navigate your way to a brighter future’ into a highly practical and what is proving to be an inspirational online course, created under my Career Catalyst personal brand.
As an employer, if you are looking for an alternative low cost but high impact digital Outplacement solution (which can also be combined with coaching from a career transition specialist) ‘Winning Through Redundancy & Layoffs’ online course is a unique, empowering, option for professional employees, who are looking for inspiration and proven, practical strategies to re-evaluate their careers and lives, as a result of facing or being at risk of redundancy.
At a time when people will likely need more help than ever to decide on their next career step, rather than a typical job search Outplacement focus, employers and HR who are willing to provide the right help to support employees who are casualties of redundancy, will be valued more than ever.
If this sounds interesting, or you want to know more, here is the link to the course information page: https://courses.steveprestonthecareercatalyst.com
Steve Preston is known as The Career Catalyst ®. A leading Career Coach to executives and professionals, MD of specialist Consultancy SMP Solutions (Career & People Development) Ltd, motivational speaker, the Career Coach’s Coach and Internationally acclaimed Author of Career and Personal Development books and products, including Winning Through Redundancy, Winning through Career Change, Portfolio Careers – How to Work for Passion, Pleasure & Profit