The world we live in now is changing and employees can be laid off at times they least expect. The occurrence of such a situation is unpredictable and causes a lot of problems to the employee which is a heinous act. Employees are being laid off by the management as a way of improving the situation of the finance in the organization nowadays. For this reason ,there has been an emergence of outplacement services which is a service that helps a departing employee with obtaining a new source of income or moving into a new career. Outplacement services has several advantages and they are discussed below.
The first and the most important benefit of using outplacement services in an organization is that it enables the departing employees to find work quicker. This factor is very humane since the persons welfare is being considered . The individual losing his job gets the following from the organization. Some of the services that they receive include good recommendations, cash compensations and also medical covers. This gesture will definitely reduce damage caused when the deployed employee loses his source of income.
The corporate image of the organization is upheld to the public. The media is always keeping an eye to the activities being undertaken by the organizations and any negative action noted will be used to tarnish the image of that particular organization. The fired employees will thus be looked after by the company so that the organization will able to keep a good reputation in the eyes of the public. The public has a good visionary image of that particular organization since they seem to be caring for their employees.
The third benefit of using outplacement services is that it increases the current employees’ loyalty and satisfaction. Loyalty and satisfaction is achieved by the company from its current workers since they will be compensated fairly in case of unfortunate loss of jobs. People working in any place are petrified of layoffs at any particular moment. Any person will give his trust to an employer who regards his or her presence in the firm.
Companies will decide to avoid being reported to the authority by using outplacement services which is a very important benefit to the organization staff. It is very offensive to wake up one day and lay of an employee without giving him or her time to put himself or herself together. Most employees fired without any notice or compensation sue their bosses and may lead to penalties of very huge amounts of money being paid by the perpetrator and may even face jail time. In order to avoid unnecessary lawsuits, it is advisable that any particular modern company undertake outplacement services.