Outplacement Services, A Win-Win Situation for both – Organization as well as Outgoing Employees: Pradyumna Pandey

More about the Author:

A keen strategist with the flair for designing and implementing innovative HR strategies and OD interventions, Pradyumna has managed a wide spectrum of human resources in the area of talent acquisition, performance management, training & development, competency mapping, and industrial relations. A member of the CII National Committee on CSR, Pradyumna Pandey is also on the board of Rubber Skill Development Council. He is also the National President at the Professional Networking Group of India (PNGI), which is organizing HR Excellence Awards 2019 on coming SUNDAY, December 1, and he is one of the Jury members too in it.

By Pradyumna Pandey

Outplacement Services, A Win-Win Situation for both – Organization as well as Outgoing Employees

Outplacement is a service provided by some organizations to help outgoing employees to transition into new jobs. The support service is paid by the outgoing employer and usually performed by consultancy firms.

This type of service is arranged by HR departments when employees are let go due to downsizing events or individual lay-offs. The outgoing employee is provided with training materials, workshops, and even psychological support.

Besides, assistance is offered for updating resume, practical advice on the job market, mock interviews for future job offers.

Why is this service needed?

The service is required considering that layoffs can be one of the most stressful things for the employee and the HR personnel. This can also be damaging to the organization’s reputation.

The organization’s reputation may greatly depend on the way an outgoing employee is treated during layoffs. Providing this service to outgoing employees shows that the organization cares about the employees’ future.

The traditional approach is usually limited to organizations partnering with job coaches who meet the outgoing employees to discuss what he/she needs to find a new job.

However, with the advent of technology, some organizations have begun using online platforms and one-on-one coaching sessions to provide outplacement service to anyone, anywhere.

Some outplacement firms provide an outgoing employee with a specific time limit to find a job. Failure to do so would mean there is no guarantee the employee will find a job.

Thus, with the right plan and approach, outplacement services can be a win-win situation for both, the organization as well as its outgoing employees during layoffs.

About PNGI HR Excellence Awards:

At PNGI HR Excellence Awards, we are creating a platform for HR Professionals for mutual learning from the best practices being exercised by Industries. The Members include Industries from diverse business operations/ domains like  – Manufacturing Industries, Service Industries, Consumer Products, IT and others as well. The objectives of the event are to share the Benchmark Practice with the member organizations and appreciate their best endeavors to take the businesses to the next level.

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About the Media Partner for the HR Excellence Awards – Asian Community News (ACN) Network:

Asian Community News (ACN) Network is a real-time digital news platform covering Indo-Japanese, Korean, Chinese and other East Asian countries’ affairs in India as well in their respective countries. It is not only present in Orient countries especially Japan and Korea but is equally popular among the Indian HNIs (High Net Worth Individuals) strongly connected to these Asian expatriates communities in India and worldwide.