In almost any company, there is always some staff that is always underperforming. This is a story that many CEOs can tell you very well. When your firm is facing some bad moments in terms of making losses, it’s time to cut some of your losses and laying off some workers will be inevitable.
However, outplacing your workforce has never been easy if you are looking to do it on your own and this is why you need the services of a top quality outplacement firm. Here are some of the advantages why you need to hire Career Transition Services.
Improving Productivity and Retention
Laying off some of your workforces will typically have some negative effects on your employees’ morale, and this will affect their productivity. This is why you need to handle the process properly so that the rest of your remaining employees are motivated. By offering your laid-off employees outplacement services, you will be showing the remaining employees that you value them. This will improve their morale, productivity, and commitment to your company.
Reduces Legal Action
Most companies know how expensive it is to defend an unlawful termination case. Your company will not only incur legal expenses but will also have a damaged reputation to deal with. However, by seeking the services of an outplacement firm, you will be allowing your company to take appropriate action when laying off some employees. This means that the laid-off employees will be less anxious hence less likely to file a lawsuit against your company.
Protecting Your Brand
Your company’s brand and the image are very important. In fact, it is everything. By hiring outplacement firms when downsizing your company, you will be reinforcing how your company is viewed by your staff and community. This will, therefore, promote your business’ reputation. Your company’s excellent relationship with the staff that it has let go will preserve its image. This will ensure that any future dealings with these former employees will be positive.
Supporting Corporative Values
Every company usually has a core value to highlight how they consider their staff invaluable. In fact, according to research, there is a good relationship between a company’s long-term productivity and how value-driven it is. By hiring an outplacement firm, you will be demonstrating to your staff and community that the core values of your company are just not platitudes.