Outplacement Instead of High Severance Pay
Professional separation management costs money. But misplaced investment in high severance pay will really cost you. What if you meet up with your employee again in another position in the future? According to a study by DBM, managers today only stay in a position for three or four years, and employees who do not yet have leadership roles may be promoted.
Our tips for separation finances
With regard to severance pay, we advise you to change your strategy: Pay off a portion of the severance pay and extend the term of the employment contract with the remaining sum. Outplacement shortens the time it takes for separated employees to find a job by more than 60 percent.
Civilized, future-oriented, humane
Separation management and outplacement are beneficial to companies. Smooth, professional separation management using a worldwide tried-and-tested, established methodology that has served us well for 35 years facilitates corporate change, shows active social responsibility, promotes a company's image and protects companies from possible long-term litigation.
Dismissing employees is, after all, a business process and should be structured professionally as such.