article thumbnail

Forget the Cash: 5 Thoughtful Ways to Reward Employees

Cornerstone On Demand

In fact, the best organizations recognize and reward employees at all levels with incentives that go beyond year-end cash awards, says Jim Greenway, executive vice president, marketing and sales effectiveness for Lee Hecht Harrison , a global career transition and outplacement organization.

article thumbnail

Top 3 Strategic Alternatives to Layoffs

Careerminds

This is why, if a layoff event must happen, we strongly suggest HR leaders provide outplacement services for their staff members to ease these tensions. Click below to learn more about our Careerminds outplacement services and how we can support you through your stressful reduction event. What Are Three Alternatives to Layoffs?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Layoff Survival Checklist: How to Retain Talent & Manage Reputation Post-Layoff

Intoo USA

Employees who were provided outplacement after a layoff are 3x more likely to continue purchasing that company’s offerings after the separation event. Consider incentives. Administer performance-based incentives. Provide outplacement services to help exiting employees land new roles more quickly. exit interview).

article thumbnail

How is Severance Pay Determined? How to Calculate Severance

Intoo USA

All of these reasons serve as strong incentives for companies to offer severance pay. Forbes points out that severance pay is just one part of a bigger severance package, which can include extension of health and other benefits, retirement benefits, stock options, and outplacement services to help departing employees find new jobs.

article thumbnail

Negotiating Severance with Outplacement Support

Careerminds

This article will explore the importance of negotiating a severance package before you begin a new role, and why you should ask for outplacement services to be included as part of that package. Added value beyond salary: Including elements like outplacement services in your severance agreement adds tangible value to your compensation package.

article thumbnail

Layoff Survival Checklist: How to Retain Talent & Manage Reputation Post-Layoff

Intoo USA

Employees who were provided outplacement after a layoff are 3x more likely to continue purchasing that company’s offerings after the separation event. Consider incentives. Administer performance-based incentives. Provide outplacement services to help exiting employees land new roles more quickly. exit interview).

article thumbnail

How is Severance Pay Determined? How to Calculate Severance

Intoo USA

All of these reasons serve as strong incentives for companies to offer severance pay. Forbes points out that severance pay is just one part of a bigger severance package, which can include extension of health and other benefits, retirement benefits, stock options, and outplacement services to help departing employees find new jobs.