Your Layoff Reference Guide: top 25 resources you'll need when planning
Get the Guide
Lorem ipsum dolor sit amet
Section 2 Header
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut
labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
80000+
Career transitions supported globally each year
97%
Satisfaction rating from candidates
2100
Experienced and local career coaches
102
Countries supported in 37 languages
INTOO BLOG
News, Tips, and Best Practices
Consider offering outplacement as part of a comprehensive severance package strategy.
Why is Outplacement Important?
Reduce business costs
When a company has a poor reputation, per-hire costs are $4,723 higher. A poor reputation also damages relationships with exiting employees—limiting your ability to attract valuable boomerang talent.
Source: Harvard Business Review
Create a positive company culture
A majority of Americans (85%) think most companies don’t provide enough help to employees when laying them off, and more than 4 in 5 Americans think outplacement should be offered to every employee who is laid off by their employer. Don’t miss an opportunity to foster loyalty and productivity among remaining employees during a reduction in force by doing the right thing.
Source: The Harris Poll online survey conducted on behalf of INTOO from March 2-4, 2020 among 2,011 U.S. adults ages 18+
Protect employer brand and reputation
66% of people choose to share their poor layoff experiences with others and on social media. 64% of consumers have stopped purchasing a brand’s products after hearing news of that company’s poor employee treatment. Prevent your story from being a negative one.
Source: CareerArc/INTOO Employer Branding Study
Planning a layoff? There's a lot to consider.
Download this quick guide with links to 25 resources covering: employee selection severance benefits handling notifications communicating layoffs to your remaining workforce and more
Download the quick reference guide to help your employees through a difficult transition.