With redundancies expected to rise over the next few months, HR departments are looking to redeploy and maintain staff on the payroll rather than making employees redundant. Why should you invest in an outplacement and redeployment strategy?
Maintain brand reputation
As a big organisation it is vital to keep your good name and brand reputation – we all remember big household names that received backlash and outcry from the public after a ‘wrong doing’ and a miss step can cause serious damage. If you are going to restructure, it is proven that employees are less likely to leave negative feedback when an outplacement & redeployment strategy was in place. Investing in an outplacement and redeployment strategy will ensure that you remain a good corporate citizen that looks after employees, even during difficult times.
Redeployment can save money
Restructures are often conducted based on a department or core business activity whilst other departments are looking to expand and attract new talent for future growth. A redeployment strategy can help to retain talented staff by offering them a position in another department. The benefits of this are that it will save you on a lengthy recruitment process and existing employees already have an insider’s knowledge of the company.
Outplacement will help candidates find a suitable role
Last but not least – did you know that candidates receiving outplacement support find their next career move 2.5x faster? Meaning that they are less likely to be unemployed for a long term.
If you are looking for outplacement and/or redeployment support – contact a CSG partner in your local territory today.