This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
It may be a bit of a trope, but it is also a truth: as an HR professional, your work is never really done. An HR department is tasked with many duties that are cyclical in nature—recruit, hire, replace—as well as tasks that demand constant attention or reinvention. A strong company is a direct result of the people behind it.
It may be a bit of a trope, but it is also a truth: as an HR professional, your work is never really done. An HR department is tasked with many duties that are cyclical in nature—recruit, hire, replace—as well as tasks that demand constant attention or reinvention. A strong company is a direct result of the people behind it.
Leaders and HR must have a strategic and transparent approach to support all employees before, during and after the downsizing to ensure their organization and employerbrand remain resilient. Progressive organizations of all sizes provide displaced employees with outplacement or career transition services.
Reduced work hours are never fun for humanresources professionals to announce. A helpful way to do this is to create a reduced hours letter template ahead of time, so that you have it ready to edit and send to employees when the time comes. Your accrual of service tenure will also be adjusted accordingly.
Speaker: Caroline Vernon, Director of Sales, CareerArc
No matter what you call it, no humanresources manager enjoys the process of letting people go from the organization. For the interaction between the employee and the manager or supervisor to go smoothly as possible, careful preparation, planning and effective communication are the most important elements. Parting with dignity.
Laying off workers is never an easy decision for organizations, but, when it becomes necessary, it’s important to do so compassionately and legally while also preserving the employerbrand as much as possible. They also provide information on severance pay, benefits, and other resources available to help affected employees.
Decades of management research have demonstrated the consequences of such impersonal approaches to layoffs: dramatically higher voluntary turnoveroften among a companys best performersin the year following the announcement, severe damage to the employersbrand, demoralized survivors and employee burnout, to name just a few.
This resistance can prove to be a greater challenge when a change management plan involves reductions-in-force, layoffs, role transitions, or other reorganizations, given that even those who aren’t change-resistant may have difficulty seeing these changes as a catalyst for positive transformation. .
Career coaches help people with all backgrounds and experiences through layoffs and seeking new employment. How are these individuals’ outplacement needs different from those more junior? To find those roles requires a specific strategy that’s more easily navigated with the help of an expert in executive career transition.
Tech and financial services ( particularly, mortgage ) industries are experiencing the consequences of the pandemic. Fewer home loans—and other associated services and products—are needed, and jobs associated with those needs are being cut. . What Can HR Learn from Economic Fluctuations?
Employerbrand plays an increasingly important role in the social media age. Customers often read reviews about a company, as well as its products and services, on Facebook, Yelp, and Amazon before making their buying decisions—which has made businesses sensitive and responsive to online reviews and comments.
That means some companies put off investing in important employee benefits that are often associated with reductions in force—such as outplacement support to help exiting workers find new jobs. But outplacement support offers companies key advantages even in times of strong economic growth.
That means some companies put off investing in important employee benefits that are often associated with reductions in force—such as outplacement support to help exiting workers find new jobs. But outplacement support offers companies key advantages even in times of strong economic growth.
Most HR professionals know outplacement assistance is often offered to employees who are laid off or terminated as a part of their severance package. If you’re looking into outplacementservices for your organization, here is a short list of 7 things to know about outplacement assistance to get you started.
Most HR professionals know outplacement assistance is often offered to employees who are laid off or terminated as a part of their severance package. If you’re looking into outplacementservices for your organization, here is a short list of 7 things to know about outplacement assistance to get you started.
Employerbrand plays an increasingly important role in the social media age. Customers often read reviews about a company, as well as its products and services, on Facebook, Yelp, and Amazon before making their buying decisions—which has made businesses sensitive and responsive to online reviews and comments.
Many potential employees today seek not just health insurance and retirement savings plans but also less quantifiable benefits like a great company culture and diversity initiatives. That is why companies today are adding career outplacementservices to their employee benefits packages. Create a culture of transparency.
This is why many companies today offer outgoing employees outplacementservices, also known as career transition support. These services generally include expert coaching, resume review, networking tips, and related help given at no cost to employees to help them land new jobs more quickly and easily.
This is why many companies today offer outgoing employees outplacementservices, also known as career transition support. These services generally include expert coaching, resume review, networking tips, and related help given at no cost to employees to help them land new jobs more quickly and easily.
If you’re an HR professional at a company with more than one location, you’re well aware of the challenges of coordinating employee benefits across offices. Take, for example, outplacementservices, commonly known as career transition support provided by a company at no cost to employees affected by a layoff or other workforce change.
This meant that there wasn’t time to evaluate cuts from a performance, as well as financial perspective, which could have resulted in redeployment of high-performing employees in areas where they might be needed. . An alternative plan might have taken the different time zones into consideration and timed notifications accordingly.
The COVID-19 pandemic has shown companies big and small that business and life don’t always go as planned. In any climate, business succession planning can help ease transitions that affect all levels of the company. What is a succession plan, exactly? As you look ahead, it’s helpful to reflect on company goals.
The COVID-19 pandemic has shown companies big and small that business and life don’t always go as planned. In any climate, business succession planning can help ease transitions that affect all levels of the company. What is a succession plan, exactly? As you look ahead, it’s helpful to reflect on company goals.
This resistance can prove to be a greater challenge when a change management plan involves reductions-in-force, layoffs, role transitions, or other reorganizations, given that even those who aren’t change-resistant may have difficulty seeing these changes as a catalyst for positive transformation. .
Many potential employees today seek not just health insurance and retirement savings plans but also less quantifiable benefits like a great company culture and diversity initiatives. That is why companies today are adding career outplacementservices to their employee benefits packages. Create a culture of transparency.
This resistance can prove to be a greater challenge when a change management plan involves reductions-in-force, layoffs, role transitions, or other reorganizations, given that even those who aren’t change-resistant may have difficulty seeing these changes as a catalyst for positive transformation. .
Since layoffs and terminations happen in every industry, preparing for potential workforce changes is an important task for HR professionals. What’s at Stake: Your EmployerBrand. An employerbrand is important to protect in times of both boom and bust. Preparation is key when it comes to organizational downsizing.
Since layoffs and terminations happen in every industry, preparing for potential workforce changes is an important task for HR professionals. What’s at Stake: Your EmployerBrand. An employerbrand is important to protect in times of both boom and bust. Preparation is key when it comes to organizational downsizing.
If you’re an HR professional at a company with more than one location, you’re well aware of the challenges of coordinating employee benefits across offices. Take, for example, outplacementservices, commonly known as career transition support provided by a company at no cost to employees affected by a layoff or other workforce change.
How a consulting firm can provide expert guidance and support throughout the process. Working in HR means staying abreast of the changes to best practices and regulations. What Do OutplacementConsultants Do? Outplacementconsultants represent a specialized sector within the broader talent management consultant division.
How can you as an HR professional prepare for this and other big economic shifts that are sure to come? Here are the highlights from their session to help you prepare your organization for a recession: Communicate issues and solutions clearly and transparently. Transparency and open conversation are key, Kim said. “It
How can you as an HR professional prepare for this and other big economic shifts that are sure to come? Here are the highlights from their session to help you prepare your organization for a recession: Communicate issues and solutions clearly and transparently. Transparency and open conversation are key, Kim said. “It
Layoffs often seem the go-to solution when an organization needs to adjust its workforcewhether due to financial pressures, strategic planning, or other factors. Theyre a familiar process for many HR teams, but they come with risks. Voluntary retirement allows employees to retire earlier than the standard retirement age.
But regardless of the macroeconomic climate, in boom or bust, all companies experience turnover – and all HR leaders need to be prepared to act as the stewards of their employerbrand during these volatile times. As an HR Leader, you should always be asking yourself, “How do we handle layoffs?”
Planning for the future is a task easy to put off, but an essential measure to ensure the continued success of an organization. Succession planning allows organizations to not only prepare for unexpected events and manage risk, but also to develop sustainably by identifying and nurturing talent to fill leadership roles. .
Planning for the future is a task easy to put off, but an essential measure to ensure the continued success of an organization. Succession planning allows organizations to not only prepare for unexpected events and manage risk, but also to develop sustainably by identifying and nurturing talent to fill leadership roles. .
Typical packages may also include a continuation of health benefits, expedited vesting for stock options, and non-monetary benefits, including outplacementservices. In this way, severance packages directly help mitigate litigation risks. A consistent severance plan is best. Negotiating severance isn’t only over pay.
Having an experience like theirs can help attract and retain talent, and keep employees engaged throughout the employee lifecycle. Here’s a summary of key learnings from the webinar. This will help to ensure that a new hire’s experience working for you matches their expectations. Watch the entire webinar recording here.
To help employees adapt to these shifts, managers can clarify for each worker what those new expectations are. This way, managers “can help make sure to align [the employee’s] own career interests with the strategic goals of the company,” thereby boosting morale. Have a plan for all scenarios. Trust your people.
To help employees adapt to these shifts, managers can clarify for each worker what those new expectations are. This way, managers “can help make sure to align [the employee’s] own career interests with the strategic goals of the company,” thereby boosting morale. Have a plan for all scenarios. Trust your people.
This is especially true for your bottom line and employerbrand, arguably the two most crucial resources for any tech company. So how do tech companies successfully transition talent in this unusual labor climate, while minimizing the blows to employerbrand?
This is especially true for your bottom line and employerbrand, arguably the two most crucial resources for any tech company. So how do tech companies successfully transition talent in this unusual labor climate, while minimizing the blows to employerbrand?
This brings up a crucial question for HR experts: How is severance pay determined? Providing departing employees with a financial cushion of course helps smooth these workers’ transitions to new jobs, but the practice benefits the company too. Most American workers need financial help in the event of a job loss.
Understanding the key drivers of employee engagement is crucial for keeping your workforce motivated and productive. These drivers helpHR professionals identify what drives engagement, whether it is recognition, professional development, or a positive work environment. This will help identify areas for improvement.
We organize all of the trending information in your field so you don't have to. Join 318,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content