How Can Outplacement Sustain And Future-Proof Your Organization During COVID-19?

Posted by Bern Gal on December 1st, 2020

For companies of all sizes, the most trivial to critical decisions are made every single day. The pandemic has severely impacted numerous industries, while many people have lost their jobs. This adds pressure to companies in terms of generating workable solutions, as it accumulates unconscious fear to the employees worrying about the sustainability of their jobs.

Since employee termination is inevitable to many companies, outplacement services including coaching and counseling, are seen as reasonable solutions. These acts of assistance are good investments you can make to sustain and future-proof your organization. These are several reasons why outplacement can help you stay ahead of the game:

It builds job security and trust

The very thing that employees seek out during these times of uncertainty is gaining assurance from their employers. With outplacement services ready to assist departing employees with obtaining a new job or transitioning to a new career, employees could go on with their day-to-day tasks without being fearful of the future. 

They will have the confidence to believe that no matter what happens, securing a stable means of livelihood is still possible during a pandemic. This would be a very good way to show care and compassion to the employees about to be let go.

It promotes fair treatment to both parties

While most companies and employees hold a contract to protect both interests, sudden employee termination or retrenchment may lead to an unpleasant turn of events. If misunderstandings occur, disgruntled employees could end up suing their employers. 

When worse comes to worst, these situations would not only risk the company time and resources, but also its image. While most companies desire their brand to be known, this is not the ideal way to go.

It provides employee coaching and counseling

Outplacement services can aid employees in transitioning to their next careers with proper coaching and counseling. This would alleviate their stress and negative feelings about being displaced while building enough confidence to face new opportunities more fit for them. All in all, these efforts would assure a more peaceful end to the working relationship of the employees with their previous employers.

It really helps for companies to be transparent with their employees right at the start. Building a coaching culture with the right resources, along with encouraging openness about the company's struggles, would better prepare employees for what is about to come.