- Lower Your Costs: The key preventative method for managing costs of layoffs is to ensure that transitioning employees do not stay on the unemployment rolls for long. The longer a terminated employee remains on unemployment, the higher your tax exposure will be. Outplacement reduces the time it takes for individuals to find a new job. It is important to offer outplacement services to all level of employees, as some are more experienced in job searching than others.
- Avoid Risk of Litigation: Outplacement services are also a method used to alleviate the stress carried with termination. These services help employees’ attitude stay positive about their career and their former employer. The faster individuals find employment, the less likely a suit for wrongful termination will be filed.
DMD & Associates can help you gain the economic benefits that come with outplacement services. Our team of professionals have years of experience and will ensure that your company will lower its costs and avoid risks of litigation. Please call (866) 296-8539 or email Danielle Dayries at Danielle@dmdcareerconsulting.com for a consultation.