Outplacement sometimes known as a career transition solution is a service employers can provide to outgoing employees affected by layoffs or reduction in force. It is a support service that helps displaced employees get back on their feet.
Out outplacement services assist workforce transitions through professional assessment, stakeholder management, and professional staff counselling. Outplacement support increases an organisation’s competitive edge, maximises the mobility level of departing staff, and reassures the people remaining in the company.
Provide exiting employees with the right tools and resources via Links’ outplacement services. Help them immediately target their focus on their careers – rather than frustrations.
Providing outplacement services to employees isn’t just a nice thing to do but a way to protect your employer brand and cut future hiring costs. In fact, 41% of remaining employees suffer a decline in job satisfaction and 36% become less committed (Deloitte Research).
Protect your brand and provide exiting staff with additional support. Reassure remaining employees to minimise workforce and efficiency disruptions. With over 20 years of HR excellence in Asia, Links has helped businesses save over HK$ 100 million in costs. Build a smooth transition today with Links Outplacement services.
Our outplacement services reassure remaining employees and demonstrate your support by acting as an extra layer of defence for employees in case of redundancy. We help increase retention rates and promote workforce trust and loyalty.
Our professionally designed redundancy process significantly lowers the chance of litigation as it reduces animosity against the company.
We build our outplacement services to fit your needs. Prior to the transition, we will sit down with key stakeholders to get an understanding of your priorities. Common objectives include:
• Reduce workforce disruption
• Manage tension from departing staff
• Protect brand reputation
• Promote workforce stability
Our team is present at all times to ensure a drama-free transition.
• Skills gap identification
• Staff upskilling/ re-skilling
• Termination planning
• Career counselling
• Personalised resume development
• Interview preparation training
• Connection to new opportunities
• Clinical psychologist support
Don’t waste precious time wandering around. Get in touch with one of our outplacement experts today and learn how we can get your workforce back on track.
Many leaders don’t realise the benefit of outplacement towards the company. By providing outplacement support, companies enjoy a smoother transition, mitigate legal disputes and communicate to internal staff their value, thereby reinforcing future and remaining workforce.
Did you know, a 1% downsize in the workforce leads to a 31% increase in voluntary turnover rate the following year (Harvard Business Review). Outplacement services should help leaders identify workforce inefficiencies and plan out a smooth exit strategy.
Outplacement services can be provided in person, online, or through a combination of both. The length of outplacement services can vary, but it typically ranges from 6 months – 18 months. The cost of outplacement services can vary depending on the length and complexity of services provided.
Outplacement can provide several benefits for both employers and employees. For employers, outplacement can help to:
For employees, outplacement can help to:
Outplacement services for employers can include:
The most common outplacement services include:
Outplacement is most suited for employers who
Despite the additional cost it incurs, employers provide outplacement assistance as part of their benefits packages due to its potential to enhance their company’s reputation and reduce certain risks linked to layoffs and terminations.
Start protecting your employer brand, get in touch with one of us today!