As modern day businesses evolve, creating an outplacement plan for exiting employees becomes a necessity for organizations seeking to:
- Minimize the chance of litigation and other negative actions
- Provide a structured and personal approach to the separation event in order to reduce the former employees job search duration
- Reduce HR time investment in planning, actual separation, and post-separation follow-up
- Reduce the stress of managers involved in the separation event
- Preserve the company’s reputation by fulfilling social responsibility and moral obligation
- Improve productivity from maintaining the good will of remaining staff and the separated employee(s)
- Strengthen the company’s brand, and creates positive perception for consumers and investors, impacting employee retention and future hiring
- Maintain the morale and productivity of remaining employees, including top performers