How Does the Outplacement Process Work in 2024
At some point in our lives, we all face workplace challenges (I know I have). Some of these challenges are simple bumps in the road, while others can be overwhelming and may result in job loss.
Losing a job is a devastating financial and emotional experience, which is why companies often offer outplacement assistance to help employees navigate the transition.
But what is outplacement, how does the process work, and will it benefit you? Today, I will discuss the outplacement process, its benefits, and how it can help employees transitioning out of their jobs.
Article Summary
The outplacement process is a support service that assists laid-off employees in transitioning into new jobs, which includes career coaching, job search assistance, skills assessment, resume guidance, & interview preparation.
The process starts with onboarding the laid-off employee, a coaching call, career path ideas, skill building, resume writing, job search tactics, interview prep, personal branding, & job placement.
Outplacement services offer various benefits, including improved employee morale, increased productivity, better company reputation, enhanced employee retention, & reduced legal risks.
During this process, employers need to establish clear objectives, select the right outplacement provider, communicate effectively, & have the provider track progress for the success of their outplacement efforts.
What is the Outplacement Process?
The outplacement process is how an outplacement support service like Turbo Transitions assists employees transitioning out of their jobs due to layoffs.
The process typically involves some form of career coaching, job search assistance, skills assessments, resume writing guidance, interview preparation, and skill building.
This process begins when a firm starts working with your laid-off employee with an end goal of assisting employees in finding new job opportunities quickly and efficiently (at a reasonable cost to the organization).
What Are the Steps in the Outplacement Process?
While each outplacement agency varies in its approach, most will typically follow a standard process. However, in response to the constantly evolving technological landscape of the workforce, we at Turbo Transitions have redefined our approach.
We've developed a dynamic virtual training platform that covers the essentials provided by traditional outplacement services and incorporates additional advanced features to equip our candidates with an edge in the modern job market. Here are a few of the steps most outplacement agencies should follow/provide:
1. Onboarding the laid off employee by the outplacement firm
After an employee has been laid off, the outplacement firm initiates the process by welcoming the participant. The outplacement firm introduces the services, provides access to necessary tools/resources, and sets expectations about the process ahead.
2. Setting up a coaching call with an expert coach
The outplacement firm assigns a dedicated career coach who contacts the participant to set up an initial call. During this call, the coach understands the participant's career history, skills, and future aspirations to provide personalized guidance.
3. Identifying potential career paths
The platform helps the participant identify potential career paths, typically done through an online assessment. These assessments involve an in-depth analysis of the participant's interests, strengths, qualifications, and industry trends to outline viable and promising career paths.
4. Building skills and knowledge for the chosen field
Once a career path is identified, the platform helps direct participants toward where and how to develop the necessary skills and knowledge for their chosen field. This typically involves recommending relevant courses, workshops, or seminars and providing resources to enhance their industry knowledge.
5. Providing resume writing help
The platform provides step-by-step instructions on how job seekers can create a compelling resume. This includes effectively showcasing the participant's skills and experiences, using action-oriented language, and tailoring the resume to specific job roles and industries.
6. Searching for job opportunities
The coach and platform assist the participant in finding job opportunities that align with their career goals and interests. They might advise where and how to search for jobs or utilize the outplacement agency's employer contacts.
7. Preparing for interviews
As job opportunities are identified, the platform helps prepare the participant for job interviews. This involves exploring potential interview questions, refining answers, and advising on presentation skills and interview etiquette.
8. Training on personal branding and cover letter writing
Alongside other skills, the platform also provides training on personal branding, including managing online presence and networking. Additionally, they guide the participant in crafting compelling cover letters to accompany their job applications.
9. Placement in a new role
The ultimate aim of the outplacement process is to secure new employment for the participant. Once that is done (or earlier if the outplacement support has expired), the outplacement firm typically concludes its services.
Top Benefits of Outplacement Services
Companies that offer outplacement services demonstrate their commitment to their employees' well-being, which can result in positive employer branding. A few key benefits include; maintaining employee productivity, improving brand reputation, boosting employee retention, increasing profitability, and the general feeling of doing the right thing
Tips for Employers During the Outplacement Process
Establish Clear Objectives
Begin by identifying the primary goals of your outplacement program. These may include reducing the negative impact of layoffs on employees, minimizing legal risks, protecting your company's reputation, and maintaining positive employee morale.
Clear objectives will be a foundation for designing and executing a successful outplacement strategy.
Choose the Right Outplacement Provider
Partnering with a reputable provider ensures that your employees receive the necessary support during their transition.
Conduct thorough research to identify a provider who aligns with your organization's values and offers customized solutions to address individual employee needs.
Communicate Effectively
Transparent communication is vital in managing the emotions and expectations of both displaced and retained employees. Share the reasons for the layoffs, the benefits of the outplacement program, and the resources available to support affected employees.
Regular updates and addressing concerns will foster trust and demonstrate your organization's commitment to employee well-being.
Track Progress and Measure Success
Your outplacement provider should monitor the effectiveness of the outplacement program and provide updates to you. Collecting and analyzing this data will enable you to identify areas for improvement and ensure the success of your outplacement efforts.
“Outplacement services help employees who have been laid off or terminated to find new job opportunities faster than those who do not receive such support.”
Wrapping Up | Outplacement Process
Outplacement is a growing trend and an important service companies offer employees transitioning out of their jobs. Any effort that helps employees navigate the job search process can significantly reduce the time it takes to find new employment opportunities.
By providing outplacement services, companies show their dedication to the welfare of their employees, which leads to better employer branding and boosts employee morale.
A win-win for both the employer and transitioning employees.
We hope this helps with your decision-making but feel free to reach out with any questions!
Tags: how does outplacement work, outplacement process, outplacement is the process of
Author: Reid Alexander
Disclaimer: This content is for informational purposes only & not intended as professional legal or HR advice. Consult with qualified professionals for advice tailored to your specific situation. The author & publisher disclaim any liability for errors, omissions, or actions taken based on this content.