Exiting employees is tough for everyone
Outplacement is outdated and leaves employees feeling discarded and hopeless. We believe that exiting employees need not be a negative experience that puts companies at risk of damaging reputation and morale. That’s why we’ve created the first AI powered career transition approach.
The problem
65% lack support
65% of people we asked said existing outplacement services do not satisfy the primary requirement of supporting individuals in finding a new role.
1 in 3 drop out
1 in 3 executives in career transition drops out of their nominated outplacement service after just two contact experiences, that’s one email and one meeting. Existing services are not fit for purpose.
2 x salary
According to Deloitte, the average cost of exiting senior executives is typically 1.5 to 2 times annual salary. Add on the costs of litigation and damaged reputation and it’s easy to see why exiting high-profile executives is stressful.
It doesn’t have to be this way
Letting go of employees is always tough, but it’s also the time for your HR department to shine. It falls to you to help the business meet its targets while maintaining morale, protecting your employer brand and mitigating the legal and financial risks associated with high-profile redundancies.
Over the last decade, we’ve seen socially driven digital transformation, a demand for transparency and an ever-growing need for brand integrity. These trends are set to accelerate as the world is forced to recognise its responsibility to people and planet.
Yet outplacement has been left behind. It’s stale and unkind. And it doesn’t help you do your job. It doesn’t have to be that way.
Handle exits with confidence
Redefining career transition
Benefits