Creating a severance package for terminated employees is a critical process for any company. It not only helps the departing employees transition more smoothly into their next phase but also reflects the company’s values and respect for its workforce. A well-constructed severance package can mitigate legal risks, protect the company’s… Read More »Crafting a Severance Package: Best Practices for Employers
Downsizing and layoffs are painful for both for the company as well as the impacted employees. While nothing can take away this pain, outplacement services help ease this difficult transition. Because of this ease, outplacement is becoming increasingly popular among companies of all sizes. Four out of five employers provide… Read More »3 Reasons Why Companies Should Use Outplacement Services
Why Should You Invest in Helping People Who are No Longer Your Employees? Effective outplacement services help laid off employees find new jobs, protect the company’s reputation, prevent potential lawsuits, and lessen an employer’s unemployment insurance taxes. Approximately 70% of companies offer outplacement benefits in their severance packages, if you’re… Read More »How to Get the Most from Outplacement
If you’ve ever had to fire an employee, I’m sure you would agree it can be a difficult situation. Sometimes, firing an employee is your company’s only option. It’s not something any business owner or manager looks forward to, but is often a necessary step towards more efficient production or… Read More »6 Steps to a Smooth Termination | Grace and Goodwill
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