Benefits for employers & employees
Whether outplacement services are worth it depends on individual circumstances. Outplacement services can be valuable for both employers and employees in certain situations.
For employers
Protecting company reputation: Providing outplacement services can help maintain a positive employer brand and reputation, showing that the company cares about its employees even during layoffs.
Reducing legal risks: Offering outplacement assistance can mitigate potential legal risks associated with layoffs or terminations by demonstrating good faith efforts to support departing employees.
Maintaining productivity: Outplacement services can help minimise disruption and maintain productivity among remaining employees who may otherwise be affected by morale issues resulting from layoffs.
For employees
Career transition support: Outplacement services offer various resources such as career coaching, resume writing, job search assistance, and interview preparation, which can be invaluable for employees seeking new opportunities.
Emotional support: Losing a job can be emotionally challenging. Outplacement services often include counseling and emotional support to help individuals cope with the transition and maintain confidence in their abilities.
Access to networks: Outplacement firms may have extensive networks and connections within various industries, which can provide access to job opportunities that individuals may not find on their own.
However, whether outplacement services are worth it depends on factors such as the quality and comprehensiveness of the services provided, the cost involved, the individual's career stage and goals, and the availability of similar resources elsewhere. It's essential for both employers and employees to carefully evaluate their needs and assess whether the benefits of outplacement services justify the investment.
Considering outplacement?
Now that you have a better understanding of whether outplacement services are worth it, you should take a moment to check out our outplacement services.
Our experience in recruitment means we know the ins and outs of the job market and can provide candidates with solid career advice.
So, if you're considering making staff redundant and would like to provide them with personal and professional support, click the button below to learn more about our services.
