Technological advancements and ever-changing workplace trends result in reductions or replacement in the workforce. Although unfortunate, the need to restructure workforces is essential if you need to remain relevant in today's business ecosystem. These decisions are hard to take but can have long-term effects on future business success.
An Employee centric approach is trending as the downsizing is becoming a common phenomenon. This is making outplacement coaching in China a focus area for a lot of companies. By being empathetic and supportive during the exit process, employers are hoping to keep the image of their brand positive so that talent procurement does not become a big challenge for them in the future.
Here are five reasons companies should hire top executive coaching firms in China for their outplacement programs:
#1 Invest in Employee Relations:
By going for ICF Coaching Firms in China, you are investing in your brand by acknowledging the fact that even though the employees have been laid off, they have contributed to the success of your business one time or the other. By offering them a guiding hand and coaching, the organizations can hope to maintain healthy relationships with impacted employees in the future.
#2 Reduce Unemployment:
A well-thought-of outplacement program can help your employees increase their chances of finding new opportunities. Outplacement services such as a professionally written resume, job-search advice from a career coach and networking and help every impacted employee compete for the best jobs faster.
#3 Liability Protection
Downsizing is a difficult time for any company. Putting your corporate values into practice and keeping the promises that you made to your employees will ensure that you have the necessary brand equity to attract the best talent. In addition to this, making sure your employees able to find new opportunities reduces the likelihood that they resort to legal avenues to seek compensation from your business. Getting workers focused on their next career steps will help protect the companies from any legal remedies often sought by disgruntled displaced employees.
#4 Increased Productivity From Current Employees
Layoffs are a time of stress not only for the displaced employees but also for the existing ones. Planning for heightened communications along with the training programs can help keep morale higher and will improve productivity of the existing employees. Outplacement solutions have a team of support managers that help retaining employees sail smoothly through tough times. From clear notification throughout the layoff process to get the businesses back on track, the outplacement partner has the best practices to improve productivity post-layoff and boost employee engagement.
#5 Better Brand
If not handled appropriately, layoffs can do more harm than good to a company’s brand image. Providing outplacement support is one of the best ways to protect your brand and improve your reputation. By giving employees the support they need, a company demonstrates its commitment to living out the company values. It also showcases its commitment to establishing employer/employee relationships.
An Employee centric approach is trending as the downsizing is becoming a common phenomenon. This is making outplacement coaching in China a focus area for a lot of companies. By being empathetic and supportive during the exit process, employers are hoping to keep the image of their brand positive so that talent procurement does not become a big challenge for them in the future.
Here are five reasons companies should hire top executive coaching firms in China for their outplacement programs:
#1 Invest in Employee Relations:
By going for ICF Coaching Firms in China, you are investing in your brand by acknowledging the fact that even though the employees have been laid off, they have contributed to the success of your business one time or the other. By offering them a guiding hand and coaching, the organizations can hope to maintain healthy relationships with impacted employees in the future.
#2 Reduce Unemployment:
A well-thought-of outplacement program can help your employees increase their chances of finding new opportunities. Outplacement services such as a professionally written resume, job-search advice from a career coach and networking and help every impacted employee compete for the best jobs faster.
#3 Liability Protection
Downsizing is a difficult time for any company. Putting your corporate values into practice and keeping the promises that you made to your employees will ensure that you have the necessary brand equity to attract the best talent. In addition to this, making sure your employees able to find new opportunities reduces the likelihood that they resort to legal avenues to seek compensation from your business. Getting workers focused on their next career steps will help protect the companies from any legal remedies often sought by disgruntled displaced employees.
#4 Increased Productivity From Current Employees
Layoffs are a time of stress not only for the displaced employees but also for the existing ones. Planning for heightened communications along with the training programs can help keep morale higher and will improve productivity of the existing employees. Outplacement solutions have a team of support managers that help retaining employees sail smoothly through tough times. From clear notification throughout the layoff process to get the businesses back on track, the outplacement partner has the best practices to improve productivity post-layoff and boost employee engagement.
#5 Better Brand
If not handled appropriately, layoffs can do more harm than good to a company’s brand image. Providing outplacement support is one of the best ways to protect your brand and improve your reputation. By giving employees the support they need, a company demonstrates its commitment to living out the company values. It also showcases its commitment to establishing employer/employee relationships.
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