Oscar the Grouch_Outplacement: a grudge purchase? | CareerSupport365

Outplacement: a grudge purchase?

Oscar the Grouch_Outplacement: a grudge purchase?

Some people find that paying for an employee ​to be supported as they are being laid off is a grudge purchase for many, just as the cost of insurance​ is​.

​But just like ​​insurance, when you do provide outplacement for your departing staff, you are mitigating risk for your employer.

What sort of risks?

By looking after your departing employees, you will be:

  1. Signalling to your existing employees that you care about all of your people – even if they no ​longer have a role with your business;
  2. Fulfilling your moral obligation to care for people – an Occupation Health Safety and Environment (OHSE) obligation of sorts – that provides emotional safety and support for ​your ​departing employees;
  3. Protecting your business’ brand: it may have occurred to you by now that anyone, from the most junior employee to your most senior executive can become their own media channel. ​Through social media, your business brand can get supported and praised, or on the other side of the coin, trashed – and there are websites that encourage anyone (no matter what level in the hierarchy) to anonymously vent and to share what it was really like to work in a business;
  4. Mitigating any damage done to your supply chain and customer base. It’s a competitive world. The last thing any supplier or customer wants to do is supply to or buy from a damaged brand;
  5. Helping to improve your future pipeline of staff – who will want to work for a brand that is well-respected in the market.

Outplacement should not be seen as a grudge purchase. Instead it should be seen as worthwhile and appropriate investment.

What’s your view?

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About the author:

Greg Weiss is the Founder of CareerSupport365. He has almost 30 years success in HR and in career coaching people. The CareerSupport365’s Innovative Outplacement Packages can be found here

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