Outplacement Services Sourcing Intelligence To Grow Substantially At A CAGR Of 7.0% Till 2030Posted by rahul nikade on May 13th, 2024 Outplacement Services Procurement Intelligence In this Outplacement Services procurement intelligence report, we have estimated the key cost components which include labor, technology (hardware / software), rent & utilities, training & development, maintenance & support, and others. Other costs can be further bifurcated into administrative fee, interest on loan, tax, certification, insurance, and employee bonus. Key variables that influence the charges for the services offered in the category include type of the plan, number of personnel impacted by layoff / termination, duration of the support required, experience of the service provider, technology deployed in offered the services. Certain services are more expensive because they use e-learning materials and technology to support employees who are transitioning. Cost-plus pricing is one of the prominent pricing structures followed in the industry. The goal of this model is to increase suppliers' profits. It involves totaling all of the product's expenses and then adding a profit margin. Benefits of this model include consistency in rate of return, simplicity in computation, and dependability. Order your copy of the Outplacement Services category procurement intelligence report 2023-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis Operational Capabilities - Outplacement Services
Functional Capabilities - Outplacement Services
Rate Benchmarking The prices (in the U.S.) for different types of outplacement services are as follows: a) Low-to-no-touch outplacement services: This entry-level outplacement services package often include assistance in choosing available opportunities that may be of interest to the candidate as well as resume and cover letter preparation. Usually, these endure for 29 days to 44 days. It is charged between USD 999 to USD 1,499 per employee. b) Medium-touch outplacement services: This includes composing cover letters and resumes, networking site optimization, individual or group interview preparation sessions, and mock interviews. Usually, they are provided for up to 89 days to affected personnel. It is charged up-to USD 4,999 per employee. c) Full-touch outplacement services: This is typically offered to executives or management, with a lot more personalized approach. It lasts longer (sometimes up to 119 days), and cover everything from basic and second-tier plans to some more uncommon services. It is charged between USD 2,499 to USD 9,999 per employee. To gain a comprehensive understanding of other aspects of rate benchmarking, please subscribe to our services and get access to the complete report. Supplier Newsletter In June 2023, Daily Muse Inc. introduced ‘Coach Connect Outplacement Services’, a customized coaching program that employers can provide to departing workers as they move on to their next opportunity in case of a layoff. The program assists businesses in putting customized coaching services into place and providing considerate support to those moving into new roles. In June 2023, ManpowerGroup Global’s division, Talent Solutions launched ‘Next’, an innovative digital solution improving and revolutionizing the outplacement process and providing individuals with the greatest results possible during their career shift. The launch of the platform has enabled the company to enhance career transitioning experience with the integration of cutting-edge technology, content, and coaching. In March 2023, Mercer LLC announced the acquisition of Leapgen LLC. The acquisition has strengthened Mercer's standing as a reliable consultant in the rapidly expanding market for digital HR strategies, including outplacement. The acquisition has enabled Mercer with digital HR capabilities, offering workforce technology and employee experience outcomes that are better, and the ability to make better technological decisions. List of Key Suppliers
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Outplacement Services Procurement Intelligence Report Scope
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