Parting Company provides a new fresh approach to some of the more strategically important areas of your business. Using the best qualified and experienced facilitators, we can partner with you to facilitate what is not always the easiest end of the Human Resources services. Utilising our well respected Psychometric tools from GeneSys Australia, we will endeavour to provide an experience that preserves the dignity of the employee whilst achieving the required outcome for the employer.
Parting Company focuses on three areas of delivery.
- Exit interviews – when people leave your organisation of their own choice
- Outplacement Services – when you need to restructure quickly
- Performance Coaching – when despite your best efforts, the employee and the organisation no longer ‘fit’.
Why should you use Parting Company?
Safeguard your company’s brand reputation and bottom line.
Building a healthy brand is expensive; safeguarding the brand by providing outplacement services is cost effective. Negative chatter about your company by former employees can’t be controlled; however, by providing a successful transition experience, you can ratchet down the negative comments generated by former employees. Displaced workers are also consumers who influence the purchasing decisions of their friends and family. Instead of creating hundreds of new brand loyalists for your competitor, you can keep these dedicated brand enthusiasts on your side of the aisle.
Faster Re-Employment, Lower costs
Employees who choose to engage with outplacement assistance will find themselves back in the workforce quicker, which ultimately helps lower costs. Keeping an amicable relationship with a former employee will also reduce the risk of future litigation. When they are talking to career consultants, they are generally not talking to lawyers. The cost of outplacement services is much smaller than the cost of a lawsuit.
Attracting future talent and retaining high performers
Ironically, having a strategy to help departing employees can actually help recruit new ones. With such a cyclical economy, there is a strong correlation between how a company treats its departing employees and its future ability to attract and retain top talent. Just because an employee has left the building, doesn’t mean he or she will not be an advocate for you in the future. In a recent survey, over 30% of new hires are referred by employees or alumni. Outplacement, if done correctly, can give your organisation a competitive advantage. By engaging with alumni, those positive relationships can boost your recruiting efforts.
Keeping positive morale with remaining employees
Treating transitioning employees with respect, care, honesty, and dignity shapes not only how your customers view your company, but also sends a message to current employees that they too can expect to be valued in the organisation. Numerous studies have supported the fact that employees who witness their friends and peers go through quality outplacement services view the company more positively, even if the downsizing circumstances are ugly. The stories that the newly transitioned are going to tell their friends, family, and your customers are just as important. Happy employees are productive employees after all. At a time when budgets are tight, it’s tempting to skip outplacement services. If you view outplacement services as a strategic investment, your company will see the benefits years later.