- services & programs
- why GOA
In addition to considering outplacement services to help affected employees as a gesture of goodwill, there are many valid ROI reasons for companies and organizations to seek outplacement in the case of a termination event or reduction in force. These reasons include:
In a termination event, the best possible outcome is for the affected workers to obtain a new job as quickly as possible. When a new job is obtained quickly, former employees tend to “let go” of any ill will that they may have against their past employer, and instead focus on their future.
When a new job is not obtained quickly, former employees are often under tremendous stress from having no or little income, as well as the uncertainty about their future. This may result in a focus on their former job and questioning why they were let go. This focus may turn into bitterness and a need to vent against the company or organization, sometimes through the use of social media.
It’s important to make the right decision early in the process, as there is not a good opportunity to offer outplacement benefits months after severance has occurred. With most businesses and organizations, not only are outplacement services the right answer when dedicated and long-term employees are let go, but outplacement services are usually well justified on a cost-benefit basis.
Email us if your business or organization is facing a termination or reduction in force event. We can explain why outplacement services make good business sense.