choosing the right outplacement solution | risesmart
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How to choose the right outplacement solution – here are the questions to ask while selecting an outplacement solution provider. Visit http://www.risesmart.com/outplacement/ to boost your outplacement program.TRANSCRIPT
©2015 RiseSmart, Inc. 1
CHOOSING THE RIGHT OUTPLACEMENT SOLUTION With any business investment, it's important to take time to consider your options against your needs.
Selecting an outplacement provider is no different. It's easy to feel the pressure of choosing which company
will partner with you in helping your transitioning employees and protecting your brand—but you don't need
to be overwhelmed. The first step in the selection process is to take a step back. Ask yourself: What would my
organization like to get from an outplacement solution?
Here are few aspects of a solution or service you may want to consider:
Job searching tools
Put yourself in the position of the transitioning employee. What features and functions would benefit a job
seeker? Not every outplacement solution is created equal. Some providers offer capabilities that others do
not. Do you want impacted employees to have an online portal for job searching? Does the job search return
keyword-based matches, or does it use semantic search and intelligent ranking for higher quality job leads?
What specific functions would you like in addition to the job search? Job seekers can benefit from various
tools for setting goals, building a resume, and organizing the job searching process. Your employees may also
be interested in knowing if and how they can leverage their social networks for their job search.
Counseling and support
There is more to the outplacement process than simply providing basic resources to transitioning employees,
so take note of which providers can offer your organization support on various fronts: manager notification
©2015 RiseSmart, Inc. 2
training, webinars, resume services, job search coaching, etc. For example, you might consider what type of
counseling an outplacement provider offers your impacted employees. Employees stand to gain a lot from the
support of experienced professionals who can coach them through the emotional transition into their job
search, in conjunction with expert-designed transition methodology and career-mapping.
Your organization's ROI
Traditional outplacement solutions have a reputation for being very costly. Modern solutions, however, are
making enormous strides in maximizing the return on investment (ROI). When selecting a provider,
understand what value your investment will truly deliver. How does the provider stack up in reducing
unemployment taxes and lowering litigation risk? Can the provider offer you measurable stats that
demonstrate outplacement progress and success? Are there varying packages available that can help you to
meet your budget while scaling to help employees across levels and functions?
Provider track record
Every provider will tout the ROI of their solution—but don't just take their word for it. Ask for the providers'
placement rates to see which solutions may be a better option. You may also ask for customer retention rates
and satisfaction scores for a better understanding on whether or not providers are truly meeting customer
expectations and needs. Do your homework up front to ensure that your investment achieves the best
outcomes for the entire company.
How your organization handles a layoff speaks volumes to both remaining and transitioning employees, as
well as to the public. This is why choosing the right partner in outplacement is such a critical endeavor. It may
seem like a daunting task, but it doesn't have to be. Understand your needs from the start and evaluate your
prospects carefully.
To learn more about what to look for in an outplacement provider, read our free whitepaper, "Why
Outplacement?"
About RiseSmart RiseSmart, a Randstad company, is a leading provider of contemporary career transition services that
strengthen employer brands, improve retention and re-engage talent. RiseSmart's contemporary approach to
outplacement combines personalized services from trained professionals with unmatched technology
delivered through a convenient, cloud-based platform.
For more information about how enterprise career management can help you, visit
http://www.risesmart.com.