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One recent study showed that more than 50% of Americans would reconsider buying from a brand that badly managed a layoff. INTOO helps employers of all sizes with cost-effective solutions for every stage of the employee lifecycle, including candidate experience, careerdevelopment, and outplacement services.
Coaches are also equipped to provide resources and tools addressing critical needs such as unemployment and federal aid during the pandemic and longer term career planning in an evolving and uncertain economy. Learn more about how our outplacement program can benefit your company when you’re transitioning employees.
AI coaching, specifically AI career coaching, is just one of many areas where technology is doing some of the work previously done by humans. However, there are limitations that AI career coaches have in meeting the needs of employees as a stand-alone support system. AI for CareerDevelopment: Is it Enough?
That’s where outplacement services come in. In this article, we’ll explore how the outplacement industry has evolved with the future of work, shifting to a new virtual outplacement model, and what new challenges, technology, and opportunities that presents. Technology is changing the outplacement process rapidly.
In a recent CareerArc + Intoo study on employer brand, 64% of respondents switched brands or stopped purchasing products from companies tarnished by news of poor employee treatment. Moving locations; moving forward. Having a positive company culture will make your employees more likely to accept a relocation offer.
While the potential of an employee staying with a company decreases year by year, those who make a lateral move have a 62 percent chance of staying, according to one LinkedIn study. In fact, lateral career moves can help prepare employees for senior roles by diversifying their skill sets. How to Facilitate Lateral Career Movement.
Encouraging them to take advantage of not only medical benefits, but mental health offerings, time off, careerdevelopment programs, and perks like tuition reimbursement and gym discounts can boost their overall well-being. This could be in the form of testimonials, case studies, or short videos.
A typical package includes severance pay, continuation of health care benefits, stock options, and other helpful or supportive perks, such as outplacement service to help the exiting employee find a new job. According to Intoo’s Employer Branding Study , 66% of people choose to share their poor layoff experiences with others.
A typical package includes severance pay, continuation of health care benefits, stock options, and other helpful or supportive perks, such as outplacement service to help the exiting employee find a new job. According to Intoo’s Employer Branding Study , 66% of people choose to share their poor layoff experiences with others.
In a recent CareerArc + Intoo study on employer brand, 64% of respondents switched brands or stopped purchasing products from companies tarnished by news of poor employee treatment. Moving locations; moving forward. Having a positive company culture will make your employees more likely to accept a relocation offer.
According to a study by Deloitte , companies that implement effective recognition programs have 31% lower voluntary turnover than those that don’t. Offering training, mentorship, and career advancement paths shows employees the organization is invested in their future.
Companies using AI recruiting software have reported 30% savings in cost-per-hire, according to a study by Deloitte. As the technology becomes more sophisticated, we can expect AI to play a larger role in skills assessments , predictive analytics for careerdevelopment , and even onboarding. The good news?
This is a great option for employees who prefer self-study with a bit of real-time guidance. Our Careerminds careerdevelopment and coaching programs utilize these e-learning types and methods to engage your employees and help them elevate their skills with the flexibility of a virtual environment.
” The Impact of the Fourth Industrial Revolution Many other studies support the need for upskilling and reskilling. Upskilling and Reskilling: Key Takeaways Ensuring employees continuously develop their skills now and well into the future is vital for companies to remain competitive.
Simon Lyle, managing director of Randstad Risesmart, an outplacement provider, argues that companies will need to develop ‘always-on’ skills development offerings that will help employees to adapt their knowledge as jobs change or new roles emerge. “It Case study: Jardine Motors Group.
Virtual coaching can be provided in its own standalone coaching program, or as part of a larger service such as virtual outplacement. Either way, it can be a powerful tool for the professional and personal development of your distributed and dispersed talent. How Do You Coach Employees Virtually?
A new online study conducted by The Harris Poll on behalf of INTOO among over 900 employed American adults (defined as those employed full-time or part-time) shows that only about one in three Americans (35%) plan to stay with their current employer for two years or more. They have many opportunities for growth at their company (38% vs. 19%).
For this study, the sample data is accurate to within + 2.8 Hiring Externally Can Severely Damage Your Company, According to a Wharton Study.” In every stage of the employee lifecycle, INTOO helps employers protect their brand through effective candidate experience, careerdevelopment, and outplacement services.
Employee careerdevelopment has emerged as a critical factor in organizational success as businesses strive to attract and retain top talent. Younger workers are particularly in need of career support — yet nearly half (47%) of Gen Z says they get better advice from ChatGPT than their manager. Let’s take a look.
This can involve offering severance packages, career counseling, and outplacement services. Support Systems: Providing support systems such as counseling services, training programs, and careerdevelopment opportunities can help employees transition smoothly.
This may lead you to believe that outplacement is unnecessary. Whether the positions don’t offer enough pay, workplace flexibility, or careerdevelopment opportunities, unemployed individuals are being rightfully choosy. Offering Career Transition Assistance—or Not—Reflects on You as an Employer.
Outplacement is a service that many companies buy once and never think about again. This is largely because outplacement is only used on an event-driven basis during layoffs or other reduction events. This is why it’s important to regularly review your current contract and consider if you should switch outplacement providers.
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