Business transitions, restructurings, layoffs and reductions in force (RIF) are loaded with risks. Departing employees may face financial setbacks and challenges to their well-being, while retained staff may experience lower morale, increased anxiety over potential job loss and, by extension, decreased productivity. Organizations, too, may face difficulties, including a tarnished reputation and retention and innovation concerns. Harvard Business Professor Sandra Sucher explains that organizations could take years to bounce back after such transitions.
With risks lurking around every corner, it is critical that you seek out a trusted and proven outplacement provider to guide you through challenging times. Right Management is the partner you are looking for. With a host of third-party accolades, a world-class Net Promoter Score and a long track record of success, your people and business are in safe hands.
Below, we highlight two case studies that demonstrate our best-in-class outplacement and career transition services. We look forward to delivering the same results for you!
Providing High-Quality Outplacement and Career Transition Services During Restructuring
To grow in a rapidly changing market, a major healthcare organization made a strategic shift that required closing an entire division. Their goal was to retain and remobilize as much talent as possible while supporting a quick and successful transition to new roles outside the organization for those who wished to leave. The strategy implementation changed continuously throughout the engagement, creating a need for a partner who could be flexible, responsive, creative and highly communicative.
Right Management provided a tailored solution that used a “both/and” approach to allow maximum flexibility in the uptake of career-supporting services. This required partnering with the organization’s in-house Career Services team and designing a detailed playbook for communication, training and guidance for the client’s and Right Management’s delivery teams. The solution included standard career transition services and a series of webinars to prepare candidates for internal remobilization.
The solution produced world-class results. Departing employees landed new opportunities in under ten weeks on average. With the typical job seeker taking 21-24 weeks, according to the Bureau of Labor Statistics (BLS), this engagement demonstrates Right Management’s ability to deliver soft landings at speed. Moreover, candidates reported exceptionally high satisfaction scores, with 98.5% reporting being satisfied or very satisfied with Right Management’s services. For the client, the net benefit of using our services was $11 million.
Outplacement Success with a Global Partner
A top tech company had to realign its talent strategy to meet the changing needs of a dynamic market. This realignment had a global impact on talent, which caused this client to seek an outplacement provider that could scale and partner with them to effectively transition 6,000 employees worldwide with a full understanding of local cultures and legislation. Right Management had a long relationship with this firm, driven predominantly by relationships in the U.S. We were chosen to handle the project globally based on the need for scalability and consistent delivery.
The tailored solution addressed global complexities and met the client’s goal of a consistent experience for transitioning candidates. Right Management identified country leads to partner with HR and helped navigate local labor law to transition employees effectively. The solution included a full suite of career transition services aligned to employee level and tenure.
As a result of our solution, Right Management earned a 96% candidate satisfaction rate, with 95% saying they will likely recommend Right Management in the future. It’s no wonder the client and candidates were enthusiastic about our services; participants reported a 48% increase in feeling prepared for their job search.
Contact Right Management Today
We all know business transitions can be hard and riddled with risks, but with Right Management at your side, you can approach them with confidence. We have a proven track record to guide your organization through its most challenging times. Don’t wait to access our best-in-class outplacement and career transition services. Contact us today to discuss our approach and how we can help your organization transition successfully.
