As companies all over the world are trying their best to stay afloat by
restructuring and downsizing, employees find themselves in the line of fire.
Thus layoffs have become very common, and many are forced to think about
transitioning to new jobs. For a majority of them, having to look for a new job
can be a frightening experience. It is up to companies to come up with career
transition plans that act as a positive force for the employees. But why should
a company care about the career of an employee who is going to leave
them?
The first and most obvious reason is that it makes business sense.
For instance, if an employee leaves you as an enemy, he is sure to carry this
image to his new place of employment. And if this person’s new employer is
your client, you can be sure that you’ve lost a client forever. Your image in
the marketplace is going to be hurting and you also stand to lose potential
clients. But on the other hand, an employee who leaves you as a friend rather
than an enemy is sure to add value to your business. Companies with a vision for
long term growth understand that it is important to maintain a relationship with
their past employees, because it is these employees who would lead to new
business opportunities.
When employees are laid off, their self
confidence takes a beating and they often become disillusioned. As a company,
your image is reflected not only through your current employees, but also
through your former employees. A disillusioned employee wandering aimlessly
certainly hurts your company’s image among your clients and
competitors.
Successful companies are those that are value driven, and no
company that places importance on values shall ever want an employee to leave
the company unassisted and without the resources that are needed for
re-employment. These companies help employees with resources to assess their
strengths and choose a course that is just right for them.
But the real
challenge is in managing the career transition assistance plan. Why is it that
some companies manage this better than the others? The answer perhaps lies with
the fact that they look at the program as a career management program, and not
just as a reemployment program, and hence employ professional career transition
management companies. These career management companies do not merely focus on
the next job that the individual would find, but rather help him take a fresh
look at his career.
The author of this article has expertise in executive recruiting firms. The articles on outplacement agencies reveals the author’s knowledge on the same. The author has written many articles on executive recruitment firms as well.