What is outplacement?
Outplacement services help laid-off employees find new employment. As part of a severance package, responsible companies often hire professionals to assist their impacted employees in finding their next job. We provide your impacted employees with resume preparation, interview coaching, networking, and support so they can confidently find their next role.
Tier Options
Start your outplacement support with the tier that best suits your needs.
Pricing is based on volume and duration of engagement.
What's included
- E-Lessons
- Webinars
- Live Job Feed
- Discussion Forums
- Research Support
- Social Network
- Resume Review
- Cover Letter
What's included
- Everything in Individual Contributor +
- Resume Writing
- Social Consulting
What's included
- Everything in People Manager +
- Interview Preparation
- Negotiation Training
- Career Assessment
- 1 on 1 virtual Coaching
- Linkedin Makeover
What's included
- Everything in Manager of Managers +
- 360 Competency Assessment
- Disc Leadership Assessment
- Executive Coach
- In-Person Coaching
Why is outplacement worth Investing in?
Improve Reputation
Layoffs and employee terminations can carry negative connotations for a company, diminishing the company's reputation. Outplacement services combat this risk by sending a message to former, current, and prospective employees that they are cared for at all stages of the employment lifecycle.
As employees are terminated, outplacement fosters a more fulfilled former employee, leading to better company reviews, and brand loyalty. A study done by The Harris Poll found that 4 out of 5 Americans (80%) say outplacement makes them less likely to speak poorly of the company from which they are departing.
Increase Loyalty
During layoffs and terminations, the remaining workforce can be heavily affected. Harvard Business Review published that during a layoff, even the surviving workforce demonstrated a 41% drop in job satisfaction and a 20% drop in performance. These factors can create unforeseen costs for an employer. Outplacement helps to remedy this and protect employers.
With outplacement services, the remaining employees have a higher sense of value and remain engaged and at ease, knowing that employees have been well taken care of. These employees who are pleased with the company do a better job. The organization's reputation remains intact, and the company is known for being considerate to its employees. In the long run, this leads to more success in attracting and hiring employees.
Reduce Cost
Layoffs and employee termination can carry negative connotations for a company, diminishing the company's reputation. Outplacement provides financial benefits to organizations in three main ways: by reducing unemployment costs paid out to recently terminated or laid-off employees, increasing the productivity of remaining employees, and reducing hiring costs.
- 2x faster
On average, former employees of companies that provide outplacement services find new employment twice as fast as former employees without outplacement. This reduces the unemployment and severance costs an organization will have to pay.
- Retention
Outplacement can help retain and sustain current employees during demotivating layoffs and economic downturns. Reducing the costs of having disengaged employees and decreased productivity.
- Improve reputation
By bolstering a company's reputation, hiring costs are reduced. Harvard Business Review published that a poor reputation can cost up to 10% more per hire. Providing outplacement service can protect your reputation, thereby lowering future hiring costs.
Mitigate Risk
While restructuring and terminating employees are part of operating a business, they can carry some legal risks. With restructuring, employees can threaten wrongful termination and other costly lawsuits. When employees receive their severance and outplacement packages, employees are often required to sign a general release of claims. Using outplacement services reduces employee animosity during important transitions, reducing the likelihood of costly litigation.
A POOR REPUTATION CAN COST 10% MORE PER HIRE.
When choosing an outplacement firm, it’s difficult to decide between the many options available, online and in-person. We understand that an outplacement firm must meet your specific needs, so we will demonstrate why Careers Launch Talent Group is the firm for you.
Network and Experience
While many companies provide competent coaching, one’s network is often what really matters in an outplacement firm. At Careers Launch Talent Group our employees have a broad network including both key individuals and companies. Through these connections, we can quickly and easily link you with recruiters and hiring managers.
Personality and Flexibility
At Careers Launch Talent Group, we recognize that aligning our services with each company's mission and values is essential. Our talented professionals can match your business model and provide services to employees that will meet their needs. We are flexible with your goals and can work with you to get the value you deserve.
Results Oriented
We know that looking for a job is a very stressful time in life. To alleviate these pressures, we simplify the process to deliver fast and streamlined results. Our team can ensure employee satisfaction by being present and aware by working with them until they get what they need.
Losing teammates is hard.Don't do it on your own!
We are here to help on both sides. Let's work together.