The value of outplacement support
Redundancies are an unfortunate, often unavoidable part of an organisational restructure. It’s a process that can be disruptive and difficult for your business and everyone involved:
- The people being let go who need to manage the stress of finding their next opportunity
- The people making the decision who may feel guilty, or even have to navigate delivering the news personally
- The people that remain who may be saying goodbye to close friends, and may also be anxious about their own futures
Periods of redundancy therefore may not just affect those leaving, but the wellbeing, engagement, and productivity of your remaining people; people that are key to the success of your whole organisational restructure.
Investing in your leavers makes sound business sense
While the redundancy decision may be out of your control, what you can control is how much support you offer to make the process easier. As this guide explores, investing in outplacement support isn’t just the right thing to do – it could benefit the overall success of your whole restructuring project.
Your leavers
- Are supported to navigate the stress of finding their next opportunity
- Advocate and vouch that you’re a generous employer that lives its values
Your remaining people
- Are reassured that their friends and colleagues are being supported
- Stay engaged with your organisation and its mission
Your organisation
- Preserves its reputation and trustworthiness – both internally and externally
- Maintains much-needed stability and productivity when it needs it most
What outplacement support looks and feels like
How outplacement support contributes to the overall success of your restructure project
Why investing in your leavers is a smart business choice
What to look for when choosing the right outplacement partner
What this guide covers
This insight-led guide will take you through the key points of outplacement, how it can help maximise the success of your restructure and how to create a business case for outplacement. By reading this guide, you can also explore NFP’s proven approach based on our 30+ years of experience supporting people during this challenging time.
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