Reasons Why Your Company Needs Outplacement Support Coaching In Vancouver

So why your company needs this program? Here is a list of reasons why:

1. Staying Ahead Of The Latest Market Trends

The foremost reason for going for outplacement coaching is to stay ahead of the latest market trends. A key perk of outplacement is that it prepares the exiting employees for the journey ahead thus saving a lot of bucks on rehiring by increasing the retention rate of the current employees.

2. Career Transition

The outplacement programme helps make career transition much more fluid allowing the employees to avoid getting a little rusty during their employment pause. Also, it prevents productivity lapse.

3. Speeding Up The Process

Employees who undergo outplacement services resettle 50% faster than those who are not offered these services. It provides employees as much information as possible on logistics, training, future opportunities, and anything else that may be on a job-seekers agenda thereby speeding up the process empowering them to work towards their next step in their career rather than leaving them feeling demotivated.

4. Help With Redundancy

One way in which outplacement can support is by providing managers with the necessary coaching to help their employees in the first place. Companies need to invest in training their managers who then make the transition less painful for their employees. This will also help build a certain level of confidence in the employees thus increasing the retention rate and increasing the overall productivity of the employees.

5. Emotional Support

Outplacement services offer practical guidance as well as psychological and emotional support. The thrid-party firms create spaces that are safe and supportive for exiting employees to talk about their fears and concerns thus creating a sense of security in them. The employees will be at ease discussing their worries and will act as a great stress buster.

Outplacement programs are also useful for effective change management. This essentially reinforces the company’s psychological contract, by creating a reassurance to the employees that if they were to find themselves in a similar situation, they will be taken care of.

6. Flexibility

Needless to say that every business is different and so would the outplacement schemes for them. Hence the program can be tailored to suit individuals as well as large groups of employees.