Outplacement Services: Benefits of Outplacement Services

Downsizing and laying off employees can be difficult for all involved. Not only are the employees who have lost their jobs affected, but also the remaining employees often feel anxious and uncertain about their own job security. In addition, the business itself may experience a decline in productivity as everyone deals with the aftermath of the layoffs. One solution that can help all of these people is outplacement services. 

Outplacement services, like YES Career Coaching & Resume Writing Services, help employees who have been laid off transition into jobs with new employers. By building goodwill among former and remaining staff, this helps organizations maintain productivity during difficult times. If you need to reduce your workforce, consider using outplacement services to help everyone involved through this challenging process.

What Are Outplacement Services?

As a result of mergers, acquisitions, downturns, and restructurings, outplacement services have become increasingly popular in recent years. While these services can be beneficial for both employees and employers, you’ll want to understand what they are and how they work before making the decision to use them. Outplacement services are typically provided by firms that specialize in career transition assistance. 

They typically include a range of resources and support, such as one-on-one coaching, resume writing assistance, and job search workshops. By providing this support, employers can help employees transition to new jobs more quickly. This mitigates the risks that occur when bitter laid-off employees have nothing to do but make trouble for their former employers. Outplacement services can protect an employer’s reputation by demonstrating a commitment to employees during a difficult time.

Benefits of Outplacement Services

Outplacement services, such as YES Career Coaching & Resume Writing Services, provide many benefits for both employees and employers. For employees, outplacement services can provide support and guidance during a difficult time of transition. Outplacement services can help employees to update and improve their resumes, navigate the job search process, and prepare for interviews. In addition, outplacement services can provide emotional support by being there with expert answers to job searchers’ questions and concerns. 

For employers, outplacement services can help to improve morale among remaining employees and reduce the likelihood of litigation. They also save money by helping to limit the time that people are on the unemployment rolls. In addition, outplacement services can help to create a positive image for the company in the eyes of the public.

What to Expect from Outplacement Services

Outplacement services are becoming increasingly popular as companies look for ways to support employees who are being laid off. These services can provide a valuable safety net for workers, giving them access to resources and support. Here is what you can expect from outplacement services: 

  • First, outplacement services can help candidates create a personalized plan for their job search. This may include help with writing resumes and cover letters, networking, and interviewing. The goal is to give them the tools they need to find a new job as quickly as possible. 

  • Second, outplacement services can serve as an accountability partner, advising clients and making sure they follow through on what they need to do at each stage to get a great new job.

  • Third, outplacement services typically offer problem-solving and support throughout the job search process. This can be invaluable during a time of stress and uncertainty. 

If you are considering using outplacement services, be sure to ask about all of the services that are available. By offering comprehensive services to your staff, you can increase your chances of their finding great new jobs quickly.

How to Find the Right Outplacement Services for Your Organization

When you are looking for outplacement services, there are a few things you should keep in mind. First, you want to make sure that the company you choose has a great track record. You also want to make sure that they are able to provide good services that your employees will need. Finally, you want to make sure that they can work within your budget. Here are a few tips to help you find the right outplacement services for you:

  • Make sure the company is highly rated on the most reliable review sites, such as Yelp, Google, Angie’s List, and the Better Business Bureau. Do some research on the company and read online reviews. This will give you a good idea of what others have thought of their experience with the company.

  • Make sure they can provide the services you need and that they use well-trained, U.S.-based talent. (Many outplacement companies advertise that they only use certified resume writers. Please note that many of these inexpensive writers may be overseas and have never worked in the United States.)

  • Make sure they are affordable. When you are considering outplacement services, you want to make sure that they can work within your budget. Look into more than one company so that you can compare what you will get for your money.

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Terminations Don’t Have to Be Tragic: Outplacement Services Can Show You Care About Helping Your People Move On 

Laying off a valued employee can be extremely difficult for a manager to do. Not only does it involve your loss of a valued colleague, but it can also be a blow to your self image as your people’s protector and promoter. Fortunately, offering comprehensive outplacement services will make this process a lot easier for both you and them. 

Outplacement services provide your people with various forms of support for getting a new job fast. They can also help assess candidates’ skills and interests. As a result, outplacement services can play a vital role in helping candidates find a new job that may be even a better fit for them than their current job.

Why Are Outplacement Services Important?

Losing a job can be a difficult and stressful experience. Along with the financial challenges, unemployed workers often face feelings of anxiety, insecurity, or even despair. Outplacement services provide support to help people through this tough time with resume writing assistance, interview coaching, and job search guidance. 

In addition, outplacement coaches can help individuals find job opportunities that are a good fit. While not all unemployed workers will use outplacement services, for those who do, these services can be like a safe port in a storm.

How Much Does Outplacement Cost?

The cost of hiring an outplacement service can vary depending on a number of factors, such as firm’s work methods and the number of employees to be covered. However, many outplacement services charge a flat fee that covers all aspects of the process, from initial consultation through salary negotiation. The average cost of a comprehensive outplacement service is between $2,000 and $4,000 per employee. Some companies also offer discounts for bulk purchases or for longer commitments. (However, a results guarantee would be preferable to a long time frame. You don’t want your people to be unemployed for months on end.) 

For companies that are looking to save money, there are a number of online outplacement services that offer à la carte options that can be customized to fit any budget. Whatever the cost, hiring an outplacement service is an investment that can pay off by helping employees transition quickly and keeping morale high among remaining staff during times of change.

What Traits Should Top Outplacement Services Have? 

There are a number of traits that top outplacement services should have. First, they should be able to provide comprehensive career coaching and support. This means being able to help individuals identify their strengths and priorities. Then, set realistic career goals, and develop action plans for achieving those goals. 

Outplacement services, like YES Career Coaching & Resume Writing Services, should also be able to provide expert resume writing assistance and individual interview coaching. In addition, they should have strong coaching skills to enable candidates to learn and implement the skills involved in a successful job search. Finally, outplacement services should be dedicated to individuals’ results and not just serve as job seeker mills. 

Summary

Outplacement services can be an important part of your workforce planning and management. They provide many benefits: improved survivor morale, risk mitigation, insurance cost reduction, and reduced stress for layoff managers. If you’re looking for a way to help your employees during times of transition, outplacement services may be the right choice for you. Contact YES Career Coaching & Resume Writing Services today to find out more about how we can help you create a smooth transition for your employees.