Outplacement: Smoother Way For Layoffs

Monday, 31 October 2011, 02:47 Hrs   |    3 Comments
Print Email
MUMBAI:In view of a possible economic slowdown, companies are realising that right-sizing is on the cards and are resorting to outplacement, a smoother way of layoffs, says recruitment service provider GlobalHunt.

"The concept of outplacements is taken up by most of the large global organisations since this is a smoother way of lay-offs. This is generally done when companies do not want to get into mass lay-off numbers or they do not want to be tagged for sacking," GlobalHunt Director Sunil Goel said.

Though outplacements happen in every industry, it is more visible in banking, financial services and insurance (BFSI), telecom, engineering and information technology (IT) sectors, he said. In outplacement, firms help redundant employees find new jobs.

With signs of impending slowdown, companies are adopting a cautious approach as they realise that right-sizing, cost structure and alignment are on the cards, Goel said. "Firms are helping to outplace those who are not required as per the thin structure of their organisation so that there are smooth exits and employees get to explore opportunities available in the market with a mindset to work harder and to sustain their jobs," he said.

According to Goel, companies are also getting into outplacement as lay-offs have a negative impact on their workforce. Earlier in mid-2008, outplacements took place across industries and at all levels, he added. However, with the sudden fall in the market towards the end of 2008 and beginning of 2009, the concept fizzled out, Goel said.

"In Q1 and Q2 of 2009, almost every company was in the process of alignment and right-sizing the structure. Many of the companies, even with outplacement policy, were not able to implement it and help the people because the economy was gloomy in India," he added. Outplacements help companies in creating a positive brand image and in future helps them in attracting talent pool.
Source: PTI
Write your comment now
Reader's comments(3)
1: A few ofCoach Outlet
their manyCoach Outlet
complaints:Chanel Handbags
there is noCoach Outlet
external volumeCoach Outlet
control. TheChanel Bags
off switch is easy to hitCoach Factory Outlet
by accident.Coach Outlet Online
Web pages takeCoach Outlet
a long time toCoach Outlet
load. There is Coach Outlet Online
no privacy on the device; aLouis Vuitton Bags
spouse orCoach Factory Outlet
child who Louis Vuitton Bags
picks it upCoach Factory Store
will instantlyCoach Outlet
know everything Coach Factory Outlet
you have been doing. TheCoach Outlet Store
touch screen isCoach Factory Outlet
frequentlyCoach Outlet
hesitantChanel Bags
and sometimesChanel Bags
downright balky.Louis Vuitton
I feel the FireCoach Factory Store
is going toChanel Handbags
be a failure,”Coach Outlet
Mr. Nielsen,Chanel Bags
of the NielsenLouis Vuitton
Norman Group,Coach Store Online
a Silicon ValleyCoach Outlet
consulting firm,Chanel Bags
said in anLouis Vuitton Bags
interview. “I can’tCoach Outlet
recommend buying it.Coach Factory Outlet
it comesChanel Bags
from ppt.Coach Factory
just you know.
Posted by:http://www.coachs-factoryoutlets.net - 12 Dec, 2011
2: Because of Coach Factory Outlet the high quality, Louis Vuitton Handbags expert technology, Coach Outlet Store Online and durability, Louis Vuitton Bags
Gucci Handbags the Chanel Flap are well-known by people. Coach Online Outlet To determine whether Coach Outlet Online
Coach Outlet Store Online the bag is true, Coach Factory Store you can look Louis Vuitton USA for the authentic Chanel Louis Vuitton Sunglasses
Coach Factory logo anywhere on the bag. Coach Outlet Online Store The Chanel mark Louis Vuitton Handbags logo has a forward facing Louis Vuitton Outlet "C" and a backward facing Coach Factory Online
Burberry Bags "C" which overlap. Coach Factory Store The logo should be Chanel Outlet Online located somewhere on each Chanel bag, www.hermes.com and a unique serial number Burberry Bags
Coach Outlet can only be found on the man's purse. Coach Factory Outlet Online What is more, Coach Outlet Online Store an authenticity card should match Coach Factory Outlet
Burberry Outlet the serial number. Burberry Scarves Due to the process of packages, Coach Outlet Store most "Chanel" packages that are not real have threaded stretching out, Cheap Coach Bags
Coach Outlet Online mismatched hardware or an incorrect version of the Chanel logo.
Cheap Louis Vuitton
The classical Chanel Coach Online Outlet flap bag is made with black, Louis Vuitton Purses beige or white lambs Coach Bags – leather. Burberry And it has a quilted Louis Vuitton Bags design imprinted into the leather. Coach Factory The chain is made from the gold hardware and Coach Factory Online is weaved up the two straps of the bag Coach Factory Store Online
Louis Vuitton Outlet to increase durability. Chanel Outlet The bag is wide in 25cm, Coach Purses Outlet high in 15.5 cm, and thick in 6.5 cm. The Coach Outlet Online Store authenticity Chanel stamps are located on the inside of the bag's flap. Louis Vuitton Outlet
Louis Vuitton
The classic Chanel shoulder flap bag is made with gold hardware metal and lambskin - leather. Gucci Bags It is not manufactured any longer, LV Bags but there are three different colors: black, Louis Vuitton
Coach Factory Outlet Online beige and white. Coach Factory Store Online There are two straps attached to the leather bag. Coach Outlet Online Store A flap is folded to close the bag. Coach Factory Outlet Online The bag owner can find the Chanel Chanel Bags authenticity stamp on the inside of the flap. www.louisvuitton.com The measurements of the purse are 30cm wide, Coach Outlet 21.5 cm height and 8 cm deep.
Nowadays, there are many kinds of Chanel bags on the market. Coach Outlet Store Online On the above article Louis Vuitton Bags I have mentioned two kinds of bags, Coach Factory Store Online
Coach Factory Outlet now I will introduce three bags again. Coach Outlet Store Online
Maxi Chanel Single Flap Burberry Handbags
The Maxi Coach Factory Outlet Chanel bag is Prada Bags made with the Coach Online Outlet Store
Coach Purse Outlet lambs-leather with Coach Outlet Store a quilted design in Coach Outlet Online the leather. Chanel Handbags There are two long Coach Online Outlet Store straps on it that Coach Factory Online are supported by Hermes Bags a gold hardware chain. Coach Factory Outlet It is applicable Burberry Scarf to the black, white, Coach Outlet Online and beige. www.coach.com The flap has Coach Factory a clasp on it www.louisvuitton.com
Coach Factory Online that fastens Coach Factory Outlet Online it closed by connecting Coach Outlet Online with a piece Coach Factory of gold Coach Online Outlet hardware in the Louis Vuitton Outlet shape of Chanel symbol. The authenticity of the stamp is located under the flap. The measurements Coach Purses Outlet of the bag are 21 cm in height, 30 cm in width, 8.5 cm in depth.
Posted by:Coach Outlet online - 22 Nov, 2011
3: Our main products series include cast basalt,basalt tiles,basalt pipe,
basalt tiles may be used as the liner of
pipeline for hydraulic conveyance of abrasivematerials or slurry.We can offer
the basalt pipes with nominal.basalt
tiles may be used in all kinds of ways.Such as:the liner of coal bunker
of power station,the lining of dust cyclone,the liner of chemical storage tank
and warehouse for corrosion material,the floor material for chemical plants
and lowfrict.basalt pipe owing to an excellent performance of abrasive
and corrosion resistance.
We always by the science and technology as the guide, optimize on-the-spot management,
develop new products, and a series of used in the manufacture of production AC Gear Motor . We brushless AC Geared Motor long service life, high efficiency, the noise is
small, we can offer very good dynamic security. We have our brushless Shaded Pole Motor mature
technology,variety and everything, is widely used in various fields We can offer powerful, supporting
more than form, high reliability, long service life quality geared Reversible AC Motor
Planetary Gear Motor .
Square Bathtubcrock on the exterior looks
very beautiful. Whirlpool Bathtub in the shower with excitement. Corner Bathtub to people
in the vision has a very big impact.
Shower Tray is traditional bath crock.The whole of a Shower Roomsis big place, a bath and comfortable.
Posted by:xiaxia - 01 Nov, 2011