Careerminds

FEBRUARY 19, 2025

Thats where voluntary retirement programs can offer an alternative. But how do voluntary retirement and layoffs really differ, and when should HR consider one over the other? In this article, well discuss the difference between voluntary retirement and layoffs, exploring their key elements and implications in detail.

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Careerminds

JANUARY 8, 2025

You will also want to state whether or not these reduced hours will change the employees overall tenure at an organization (as this could impact retirement). This could be a furlough, unpaid sabbaticals, voluntary layoff or voluntary retirement event , or even layoffs.

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Careerminds

APRIL 19, 2024

This is why, if a layoff event must happen, we strongly suggest HR leaders provide outplacement services for their staff members to ease these tensions. Click below to learn more about our Careerminds outplacement services and how we can support you through your stressful reduction event. What Are Three Alternatives to Layoffs?

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Careerminds

FEBRUARY 19, 2025

A voluntary retirement program can be a great way to help older workers comfortably exit your organization while negating the need for workforce reduction events such as layoffs. Like most programs, it begins with your voluntary retirement program announcement letter. What Is a Voluntary Retirement Program Announcement Letter?

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Retirement How To Outplacement Compliance Training 52

Careerminds

NOVEMBER 28, 2024

Andrea Abernethy is a Careerminds Senior Career Consultant who assists outplacement program participants through their career transition, providing support, advice, and encouragement when needed to help them find a new, fulfilling job they will love. Download our Comparison Sheet See how we compare to other outplacement providers.

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Intoo USA

DECEMBER 15, 2022

Outplacement is the solution that will provide this type of support in the following ways. However, an outplacement career coach can be even more beneficial in this area, not only by making suggestions of how to leverage the results of the assessments, but also by offering a personalized approach that meets the individual where they are.

Video Recruiting 230

Video Recruiting Outplacement Hiring Software Interview Software 230

Intoo USA

JUNE 19, 2019

Some executives might not want another job at all, but instead seek entrepreneurial ventures or retirement readiness planning. That is why many companies offer executive outplacement services to departing senior executives. Here are three steps to take to effectively transition senior executives with executive outplacement services.

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Outplacement Hiring Software Assessment Software Interview Software 130

Intoo USA

JUNE 7, 2019

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 outplacement services to their employee benefits packages. Create a culture of transparency.

Outplacement 130

Outplacement Employee Benefits Employer Branding Interview Software 130

Intoo USA

MARCH 10, 2021

In the case of a voluntary termination, the employee is making the choice to leave—usually to pursue another job, start a new business, or retire. Engage outplacement services. In the case of involuntary terminations, companies often offer departing employees an outplacement package. retirement plan options.

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Intoo USA

FEBRUARY 10, 2021

Benefits related to workforce changes can be especially tricky to coordinate, because rules regarding layoff notifications, severance pay, and retirement savings options can vary significantly depending on where your offices and employees are located. Act locally. Get personal. Go virtual.

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Intoo USA

JUNE 19, 2019

Some executives might not want another job at all, but instead seek entrepreneurial ventures or retirement readiness planning. That is why many companies offer executive outplacement services to departing senior executives. Here are three steps to take to effectively transition senior executives with executive outplacement services.

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Outplacement Hiring Software Assessment Software Interview Software 100

Intoo USA

JUNE 7, 2019

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 outplacement services to their employee benefits packages. Create a culture of transparency.

Outplacement 100

Outplacement Employee Benefits Employer Branding Interview Software 100

Careerminds

JANUARY 24, 2024

Given today’s economy and the many companies restructuring, quite a few employees may lose their jobs before their retirement age. That’s where outplacement services come in. The Rise of Virtual Outplacement Outplacement services work with a company and their impacted employees to ensure a smooth transition for all.

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Intoo USA

JANUARY 6, 2021

Opt for early retirement? To get some clarity, Kim activated Intoo outplacement services, the career transition program provided by his former employer as part of his severance package. Early on, Kim traveled and relaxed to experience what retirement might feel like—to find he quickly got bored.

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Intoo USA

FEBRUARY 10, 2021

Benefits related to workforce changes can be especially tricky to coordinate, because rules regarding layoff notifications, severance pay, and retirement savings options can vary significantly depending on where your offices and employees are located. Act locally. Get personal. Go virtual.

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Outplacement Interview Software Planning Tools HR Software 130

Career Partners International

JULY 23, 2024

Since 2002, DMA Group’s outplacement, career transition and retrenchment support specialists have delivered tailormade programs in group and individual format, in person and online, to participants from a broad range of functions, sectors and locations, in South Africa and abroad.

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Groups Outplacement Retirement Coaching 52

Careerminds

SEPTEMBER 30, 2024

Step 2: Consider Alternatives Options Furloughs or extended leaves Temporary layoffs Temporary or permanent pay reductions Reduced hours of paid work Hiring freezes Voluntary time off Voluntary layoffs Voluntary or early retirement Step 3: Outline Your RIF Plan Document the high-level business reasons for why a RIF is necessary.

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Outplacement Hiring Software Retirement Planning Tools 52

Intoo USA

MARCH 10, 2021

In the case of a voluntary termination, the employee is making the choice to leave—usually to pursue another job, start a new business, or retire. Engage outplacement services. In the case of involuntary terminations, companies often offer departing employees an outplacement package. retirement plan options.

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Outplacement HR Planning Retirement Payroll 130

Intoo USA

AUGUST 14, 2019

Other items you may need are a layoff notice letter, an employee separation agreement, and information about outplacement services and other benefits you’re offering the departing employee. The package may also include continuation of health benefits, stock options, contributions to retirement savings, or other perks. Hold the Meeting.

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Outplacement Industry HR Planning Hiring Software 130

Intoo USA

OCTOBER 24, 2019

How severance pay works typically is the pay is often provided as part of a larger severance package, which can also include benefits such as outplacement services or the continuation of healthcare coverage for a period of time. Typically, severance pay is money given to an employee at the time of a layoff or termination.

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Outplacement Interview Software Compensation Policies 130

Intoo USA

JULY 17, 2019

Ask for outplacement services. Unless you work in human resources, you likely don’t know what outplacement means , even if you’ve received the service in the past. Basically, outplacement is career transition assistance provided by a company to departing employees to help them land new jobs quickly and easily.

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Outplacement Hiring Software Interview Software Compensation 130

Intoo USA

JULY 14, 2021

There are also people who want to prepare themselves for a second stage career as they head into retirement. . Intoo’s outplacement solution provides award-winning unlimited, on-demand and one-on-one coaching through video, audio, and text seven days a week, so people can get career advice when and where they need it.

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Career Partners International

DECEMBER 17, 2024

What Do Outplacement Consultants Do? Outplacement consultants represent a specialized sector within the broader talent management consultant division. The consultant helps departing employees navigate the job search process, whether that is based on job discovery, career transition to a different field, or retirement.

Outplacement 52

Outplacement Employer Branding HR Planning Hiring Software 52

Intoo USA

SEPTEMBER 9, 2020

This important business tool is a set of company guidelines to anticipate and facilitate changes of personnel in case of death, illness, retirement, and more. Schedule a demo to learn more about our outplacement service, which includes unlimited, on-demand virtual career coaching for your exiting workers.

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Succession Planning HR Planning Planning Tools Outplacement 130

Intoo USA

SEPTEMBER 9, 2020

This important business tool is a set of company guidelines to anticipate and facilitate changes of personnel in case of death, illness, retirement, and more. Schedule a demo to learn more about our outplacement service, which includes unlimited, on-demand virtual career coaching for your exiting workers.

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Succession Planning HR Planning Planning Tools Outplacement 130

Careerminds

SEPTEMBER 30, 2024

If you are eligible for retirement and apply for retirement before separation, you would not be entitled to severance pay.] Attached is additional information on your eligible severance benefits, as well as outplacement and re-employment assistance, unemployment eligibility, and the continuation of health benefits.

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Intoo USA

DECEMBER 18, 2019

Typical items you will need include a final paycheck, layoff notification letter, employee separation agreement, and information about outplacement services and other benefits you’re offering the departing employee. Offer a severance package with outplacement services. Next, you will need to prepare materials for the meeting.

Employer Branding 130

Employer Branding Outplacement HR Planning Planning Tools 130

Intoo USA

DECEMBER 18, 2019

Typical items you will need include a final paycheck, layoff notification letter, employee separation agreement, and information about outplacement services and other benefits you’re offering the departing employee. Offer a severance package with outplacement services. Next, you will need to prepare materials for the meeting.

Employer Branding 130

Employer Branding Outplacement HR Planning Planning Tools 130

Intoo USA

JULY 31, 2019

The former is when the employee makes the choice to end their employment—to retire, to pursue another job, or for other reasons. In addition to a lump sum payment, you might consider including additional benefits that benefit the employee, such as outplacement. In the end, it shouldn’t matter when it comes to outplacement.

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Outplacement Employer Branding Patriot Software HR Software 130

Intoo USA

APRIL 8, 2020

Employers can make strategic use of new government benefits, health coverage deadlines, and virtual outplacement services to support impacted employees. Intoo’s outplacement expert Caroline Vernon agrees. Offer virtual, longer-term outplacement services. It’s also radically changing how our employment ends.

Outplacement 130

Outplacement Video Recruiting HR Planning Hiring Software 130

Intoo USA

APRIL 8, 2020

Employers can make strategic use of new government benefits, health coverage deadlines, and virtual outplacement services to support impacted employees. Intoo’s outplacement expert Caroline Vernon agrees. Offer virtual, longer-term outplacement services. It’s also radically changing how our employment ends.

Outplacement 130

Outplacement Video Recruiting HR Planning Hiring Software 130

Careerminds

JANUARY 1, 2024

As you stand at the crossroads of these difficult decisions, the search for an outplacement coaching solution becomes a critical mission. The primary goal of outplacement coaching is to assist employees in navigating the challenges of job loss, helping them successfully transition into new employment opportunities.

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Outplacement Coaching Interview Software Assessment Software 52

Career Partners International

OCTOBER 17, 2023

These packages may include compensation for their job loss, the continuation of health benefits, extended retirement plans, and more. Far too often, leadership overlooks the value of outplacement and career transition services in these packages. Today’s job market is dramatically different from 10 or 20 years ago.

Outplacement 52

Outplacement AI Recruiting Planning Tools Coaching 52

Intoo USA

OCTOBER 30, 2019

Forbes points out that severance pay is just one part of a bigger severance package, which can include extension of health and other benefits, retirement benefits, stock options, and outplacement services to help departing employees find new jobs. The value of other benefits in your severance package.

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Employer Branding Outplacement Hiring Software Bonuses and Incentives 130

Careerminds

JANUARY 29, 2024

If you’re looking to gain a comprehensive understanding of how the outplacement process works, and which provider is right for your organization, you’ll need to consider how different programs measure their results. One of the first metrics you should look at is outplacement engagement rates–what they are and why they’re important.

Outplacement 52

Outplacement Coaching Time and Attendance Trends 52

Intoo USA

DECEMBER 13, 2022

Resignations can take several forms, from retirement, to relocation, to a role at a rival company, or even a complete career change. INTOO helps employers of all sizes with cost-effective solutions for every stage of the employee lifecycle, including candidate experience, career development, and outplacement services.

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Hiring Software How To Outplacement Time and Attendance 207

GetFive

MARCH 26, 2021

You may already offer outplacement services to mid-and-lower-level employees who are exiting your company for one of a variety of reasons. Do they need outplacement help? But unlike employees who are in mid-or-early career, executives have different needs from an outplacement service, and different goals.

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