Outplacement Services Becoming A Key Area Of Investment For Businesses

Outplacement Services Becoming A Key Area Of Investment For BusinessesThe global corporate sector has become very dynamic in nature in current times. Industry and market trends vary frequently which results in certain immediate business remodeling in terms of operations and workforce. In certain cases, in order to cut down unwanted costs or to terminate certain business wing, a part of the workforce is laid off to support the company. But it is a very strategic yet difficult decision to take for the management. In certain cases it has been observed that employees who have been associated with the company for a pretty long time has been terminated due to certain business requirement. Outplacement services forms a vital tool for handling such scenarios. It refers to the assistance provided to the terminated employees in terms of career transition by counseling professionals. It has many benefits as mentioned below.

  • From a company perspective, it primarily helps in protecting the brand image in the market. Sudden layoffs send out a negative message in terms of financial health as well as reputation. Outplacement services prevent such notions from spreading.
  • The company which is currently cutting down on workforce due to some reason may need recruitment after some time. Such services help in creating assurance for the new candidates.
  • Some people have the tendency to jump the ship in case of slightest doubts regarding the company’s standpoint. Existing employees can be reassured through this service in order to minimize the panic scenario created due to the layoffs.
  • Lastly, it helps in minimizing the lawsuit from the employee end. It has to be kept in mind that the layoffs in such cases are not due to productivity issues but as a result of business need. Hence, outplacement services help in reducing such situations.

However with all these benefits, there are certain pointers that need to be followed while implementing such service.

  • Initially a thorough strategic research should be done by doing preliminary discussions with a few service providers in order to understand what would best suit the purpose of the company. The planning should be done accordingly.
  • Getting the word out to the employees is the next big step towards the situation. The information structure should include the layoff message along with the service introduction and its possible benefits.
  • The duration and the communication channel should be planned beforehand regarding the sessions and the services to be provided by the third party.
  • The information regarding the firm which will provide the service to the employee should be communicated clearly along with the date on which they can interact with the firm.

Mass layoffs due to business needs are one of the toughest scenarios to handle. It becomes more complicated with people who have been associated with the company for a long time and have grown a sense of brand loyalty. With outplacement services, this scenario can be effectively handled while securing the brand image in the long run.

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Six Ways To Be A Good Leader

Six Ways To Be A Good Leader

Recruitment and Selection is an essential part of every organization. Every organization has certain rules and regulations related to hiring. One must select the employees carefully because it is the employees who add to the profit earning motive of the company.Another very important aspect about an organization is the employees must be under a good leader and only then they will be able to perform properly.

You can have a look at the following points to get a brief idea about the ways one can be a good leader.

  • Acceptance of limitations- It is not possible for a person to know everything and there might be things that a leader might not know. It is always good to be humble and modest. One should always accept the fact honestly that one doesn’t know something for it is not possible for a person to know everything. While working the leader must be open to suggestions from his subordinates. This will not only make him a good leader but also good co workers. In this way he will also be able to gain the trust of his team.
  • Open to learning- The leader must be open to learning new things. Humility always makes a person a good leader. He must have a willingness to learn from his employees and peers.
  • Communication- Effective communication is also very important to maintain transparency and accountability among the employees. A good leader communicates clearly with his subordinates and makes them aware of the various laws, needs and targets set by the company from time to time. On the other hand, they report to employers about the performances of the employees and their achievements from time to time. Good communication skills make a leader approachable among the employees.
  • Teamwork is very important- One of the best ways to be a good leader is teamwork. It is very important to closely communicate and work with the team to ensure the targets are achieved on time. Having good team helps one achieve the goals set by the company faster.
  • Value criticism- To grow as a leader one needs to value criticism. It will make you aware on how you can improve yourself as a leader.
  • Be a good observer- Another very important thing that you have to have to be a good leader is you need to be a good observer. You need to see and listen to things carefully within your organization. This will not only give you a better insight about the employees but will also help you understand if the organization is functioning properly or not.

Now that you know about the ways you can become a good leader, try and improve on your skills in order to motivate the employees.

4 Reasons Why Hiring Placement Consultants Will Make Your Organization Successful.

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If you want your organization to be successful than one of the key areas that you must look into is hiring. Hiring is not an easy job especially when you have many other tasks to perform. If you want to make your hiring process efficient and less time taking than you must hire a placement consultant. They will not only give you professional hiring services but they will also make sure you hire able candidates for your organization.

If you really want to know about why you must hire a placement consultant than have a look at this article.

  • It makes things easier for you- Recruitment is one of the most important tasks of companies these days. It can actually be a very tedious job. Hiring a consultant will not only lessen the burden of the HR department but will also ensure efficient in the whole process.
  • Ensure that you hire apt employees for your organization- Another very important reason for opting for such services is that it ensures you hire the right kind of employees for your organization. They understand your requirements and shortlist candidates accordingly. They analyses the skills, qualifications and experience of the candidates and shortlist them on the basis of the company’s needs and requirements. In other words, they ensure that you hire the right employees for your organization.
  • Make the process more efficient and less time consuming- Recruiting such consultants makes the process of hiring efficient and less time-consuming. They have a thorough knowledge of the latest market trends and this enables them to shortlist able candidates. They send only those candidates for further rounds of interviews whom they consider suitable and skilled enough. This not only saves the time of the HR department but also makes the hiring process much easier.
  • Act as a medium between candidates and companies- They act as the channel of communication between the candidates and the companies. They make the companies aware of the skills, experiences, needs and demands of the employees. They also make the candidates aware of the job role, policies, requirements and target of the company they have applied for. This makes the procedure of recruitment transparent and makes both the sides aware of each other’s needs and demands.

Now that you are aware of the various reasons for hiring a placement consultant, opt for such services while hiring employees. There are many such agencies these days. However, all of them are not reliable. While hiring such services, you must always opt for agencies that are experienced and reputed enough.

The Major Stages Of Recruitment And Selection Process

https://i2.wp.com/images.humanresourcesonline.net.s3.amazonaws.com/wp-content/uploads/2017/07/July-20-Laura-recruitment-123rf-700x420.jpgA recruitment drive is one of the most crucial steps of workforce build up and management within an organization. Moreover, it is the beginning of the year and most of the companies are looking out for candidates to fill out positions and add to the workforce as and where required. Therefore, it is essential to look in to the detailed stages of recruitment and selection process that will benefit companies and organizations in this approach.

  • In order to initiate the recruitment process, there is a certain level of preparation required. One of the primary initiative of this preparation is candidate sourcing. The company needs to have a well-organized and updated database of candidate profiles that can be utilized readily. This is essential as it helps in better selection of candidates. Otherwise if the candidate profiles are looked in to after the job posting, it might not yield desired results.
  • The second preparation initiative is the job ad development and posting. Developing a job ad is a critical task as it determines the type and quality of candidate profiles that are going to be sourced for the position. One should keep in mind that while writing the job description, there should be clear distinction between the skill sets that are mandatory and the ones that will be an added advantage for the candidate. Certain perks related to the position can be mentioned as well for attracting candidates as well.
  • The next in line initiative is application tracking. There are many online and offline tools that are being used by companies for this task. There are popular application tracking systems that are managing this process effectively and efficiently. One needs to remember that during this phase there are a lot of random applications that come in for the positions. They need to be precisely pointed and removed from the process.
  • Resume shortlisting is the next in line process of the recruitment and selection. Out of numerous applications, desired candidate profiles need to be selected for further screening and analysis. Going through the resumes and profiles and selecting a desired number of them from the lot is a part of the prescreening process which determines the next levels of recruitment.
  • Based on the initial screening the candidate is progressed in for a telephonic interview round in order to understand the skill set, technical knowledge and communication skills of him or her. This stage helps in understanding the capabilities of the candidate to a great extent and his or her ability to suit for the position.
  • If the candidate is found convincing after the telephonic round, a face to face interview is scheduled to better understand the prospect. In this stage, the communication skills, problem solving ability, professional behavioral pattern and other soft skills can be evaluated with perfection.
  • Finally, if the candidate clears the face to face interview round, the on boarding process is commenced. In this the necessary paperwork’s are done along with passing on information to the candidate regarding the organization, its work culture and team in which he or she will be associated with takes place.

Creative Hiring Strategies That Boost The Recruitment Process

https://c3.dq1.me/uploads/article_block/27028/article_featured_image/3934/thumb_user-1823161-2017-02-16-15-46-45.jpgThe traditional recruitment services provided by placement consultants are falling short of meeting up the demands of modern corporate world. Hence they have broadened their service basket beyond resume collection and interviews to other segments such as proposal and implementation of creative recruitment strategies, assisting in on boarding, formulating HR policies and much more. Among all these services, creative recruitment strategies are one of the crucial areas of expertise. Some of the creative hiring strategies proposed by placement consultants are mentioned as follows.

  • Implementing a self selection process is a basic move that lowers the amount of selection process. This can be performed through an open group invitation to a discussion. For example, calling in all the applicants for an open forum discussion. Some are bound to take a back seat. There will be a significant percentage that will not appear for the discussion. Hence it represents their interest towards the opportunity through which the short listing can be done.
  • After the initiation group event, another discussion round can be held among the candidates selected from initial screening. This helps in understanding the basic communication skills, presentation abilities, logical point of views and professional behavioral standpoint of the candidates. Instead of waiting for the interview process in the every end to judge the soft skills, this reduces the effort of next level technical assessment.
  • Reaching out to the passive candidates does the trick many times. These candidates mostly belong to the employed groups who are not looking for jobs. It is better to find out ways to approach such candidates with an offering that strikes the interest of the candidate for a job change. The best way to do so is to present certain factors that show the candidate skills are needed by the employer or the recruiter.
  • Job fairs have become old fashioned. Most people do not attend such fair because of lack of time or they already have a job. It is better to look for candidates in online forums where intellectuals take part in active discussion related to industry and market trends.
  • Social media is everywhere. It is always better to make an offering there. These platforms have the highest traffic throughout the year. Interesting opportunities should be presented in similar manner. Small games that showcase problem solving scope or certain new technology quiz sparks up the interest to a great extent present the job offering in the best way.
  • Former candidates make good considerations. While it might sound a bit off the track, former candidates who had been rejected due to a certain skill set absence or were not in line with the requirement in the past may have a chance of suiting the job profile now.
  • Referral programs are a rage. Combining that with incentives can work wonders towards effective hiring. Employees who work within organizations know the requirements better than anyone else outside the system. So they have a better chance of referring apt candidates than outside sources.

Lastly, understanding the requirement of the company is essential, whether it is a full time employee or part time worker or a consultant. This distinction helps in minimizing costs to a considerable level.

Why You Should Hire A Placement Consultancy?

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One of the most important tasks that an organization has to perform these days is recruitment. Recruitment is not only important to an organization’s success but it also enhances its brand image. A placement consultant will understand your needs and demands and help you hire the right kind of employee.

Are you still thinking about why you must hire such a consultancy? Have a look at the following points to get a brief idea about the various benefits of hiring such services.

  • Help the company hire the right candidates- One of the most important benefits of hiring such a consultancy is they will help the company hire the right kind of candidates. After getting a thorough knowledge of the requirements of a particular job post they will send a candidate most suitable for the job profile based on his experience and qualification. This will not only save time but also help the company recruit able and skilled candidates for their organization.
  • Add to the company’s growth- Such consultancies doesn’t only help an organization with recruitment services but also help in the company’s growth and progress. They have a thorough understanding of the market scenario and they assist the organization with strategies and policies that cater to the company’s growth further. In other words, they add to the profit-earning motive of the organization.
  • They also provide the company with industry- Specific growth solutions- Such consultancies have a detailed understanding of the current market situations, latest business trends etc.Their clear idea about the market trends also enables them to have adequate knowledge about the steps to be taken by an organization to achieve its goals. They understand the strengths and weaknesses of the company and devise a strategy that suits the company the most. They understand the problems faced by the organization and come up with a solution that results in further progress development of the company.

Therefore starting with recruitment services to providing the right business strategies for your organization, such consultancies have become very vital for a company’s growth and success. Now that you have a clear idea about the benefits of opting for such services, hire a reputed consultancy that will provide you with the above-mentioned services.

GenX Focuses On Achieving Their Work Goals.

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The ability to make a difference in the workforce is one of the major goals which the new Gen X seeks in achieving. Apart from aspiring for “job stability” & “development opportunities” the GenX are motivated to achieve the targets and goals which are given to them. Research studies by many global placements agencies suggest that the GenX are focused on their work and cut down on their leisure time to improve their productivity time.

India has the highest number of young workers in a company. Fresh and new talent is constantly coming up and the advantage the company with new innovative ideas and energetic mindset. Young people are not only enthusiastic but are also more dedicated to achieving their targets in time because they want fast success and salary growth. The young generation is not only optimists and passionate about their work but they are also flexible and versatile in nature. The young generation tries to excel in their job profile and they also know how to do a work efficiently in that too fast.

You can have a look at the following points to get an idea about the advantages of recruiting GenX employees.

Increased Productivity- One of the main advantages of having new generation employees at workplace is they are efficient and they know how to do the work in lesser time. They are extremely goal oriented so they work hard to achieve their goals. This not only increases their productivity level but also proves to be beneficial for the company.

Fresh Ideas- The new generation has many creative and fresh ideas. They think out of the box and this will keep you ahead of your competitors and add to the profit-earning motive of your company.

Flexible- Another very important benefit of having new generation employees at workplace is they are very flexible in nature. They willingly work at flexible work timings and they also adapt to changes very fast. Their optimistic and energetic nature also makes them fast learners.

Focused- The young generation these days wants to be successful at a very young age. They work hard and stay extremely focused. This helps your company reach the targets in time. Their focused nature will also help your company come out of a crisis situation fast.

Positive Image of the Company- Employees are the most important part of an organization. They represent the company. Having young and dynamic employees will help you build a positive reputation for your company in the market.

Now that you have an idea about the various advantages of hiring GenX employees, the next time you hire make sure you give a chance to the new and fresh talent.