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That’s why it’s essential to have a proper post-merger integration plan to ensure you have all of your bases covered every step of the way. One of the most important parts of this integration plan is your post-merger checklist. COPYABLE EXAMPLE: [Organization Name] Post-Merger Integration Checklist Effective: [Date] I.
Reduced work hours are never fun for humanresources professionals to announce. If you have any questions about your reduced hours, please feel free to reach out to your humanresources representative [insert Name] at [insert telephone number or email] to set up a time to discuss.
It often results from organizational restructuring, performance issues, or economic factors. A good example is the recent layoffs in the tech industry, which resulted from the downward in the economy. Read below for some examples of how it can negatively affect the workplace: 1. Here are five strategies to consider: 1.
When it comes to creating a communication plan for layoffs, it’s important to involve multiple stakeholders, including HR professionals, legal experts, and senior management. Stripe’s layoff notice is a great example of how to communicate with empathy and transparency.
Thankfully, an HR team can help employers face the people-related challenges of a change of corporate structure. Thankfully, an HR team can help employers face the people-related challenges of a change of corporate structure. In this guide, we explain exactly what the role of HR is during a merger and/or acquisition.
Most companies today, for example, are well aware that having outplacement services at the ready can help manage brand reputation , forestall lawsuits, and save money. The best time to put an outplacementplan in place is when your company is not going through a reduction in force.
It’s a stressful ordeal for HR managers, for those affected, and even for the remaining staff members. 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. Employee dissatisfaction is another significant concern.
If you’re an HR professional at a company with more than one location, you’re well aware of the challenges of coordinating employee benefits across offices. Take, for example, outplacement services, commonly known as career transition support provided by a company at no cost to employees affected by a layoff or other workforce change.
This could include instances such as when an organization chooses to downsize their teams due to mergers, acquisitions, or poor financial conditions, for example, as opposed to the employee being fired for poor performance. Businesses that offer outplacement services to their team members may include details on how to utilize these programs.
In our webinar, History Has its Eyes on You: Managing Organizational Change , Amy Waryas, EVP, Chief HumanResources Officer of the Boston Red Sox & Fenway Sports Management spoke about how her organization dealt with the challenges of the pandemic. To retain talent, forward-thinking and flexibility is a necessity.
We are so excited to sit down with Shelly Azen to talk about HR and business leadership. With over 25 years of experience in various HR leadership roles, Shelly founded un-HR LLC to provide HR consulting services that challenge the status quo and deliver value-added solutions to clients across different industries and sectors.
Most companies today, for example, are well aware that having outplacement services at the ready can help manage brand reputation , forestall lawsuits, and save money. The best time to put an outplacementplan in place is when your company is not going through a reduction in force.
There are also times when a feeling of connectedness is especially important: when onboarding new team members, for example, or after a workforce change. . Focus the first few minutes of each team meeting on socializing, by sharing life events, weekend plans, or watercooler chat about a current popular TV show.
It can also help to create a tactful plan for the notification process, which takes into account potential consequences of the layoffs. For example, all of Twitter’s employees were notified around the same time — no matter whether they were in the U.S., UK, or India. UK, or India. Communicate clearly, tactfully, and sensitively.
What Can HR Learn from Economic Fluctuations? Unless you’re carefully following and predicting the cause and effect of events like a pandemic, including changes to work and buying behaviors, the consequences a company faces as a result of economic changes may come as a surprise. Find an outplacement provider before you need one.
That’s where outplacement services come in. In this article, we’ll explore how the outplacement industry has evolved with the future of work, shifting to a new virtual outplacement model, and what new challenges, technology, and opportunities that presents. Technology is changing the outplacement process rapidly.
Closing a manufacturing plant requires careful planning, clear communication, and strict regulatory compliance. Pre-Closure Planning Assemble a cross-functional shutdown team, including HR, legal, finance, operations, and communications. Develop a detailed plant closure timeline with key milestones and responsibilities.
Employees need to know about these issues well in advance so that they can plan their finances accordingly. By using a great bonus cancellation letter template, HR leaders and managers can be ready in the event that they ever need to implement this cost-cutting strategy.
For example, firmer due dates for projects may be necessary in remote working situations than in office settings where managers could check in more regularly on an employee’s progress. For example, social recruiting tools can help your organization continue its hiring cadence even while in-person efforts to find new talent have been paused.
For example, firmer due dates for projects may be necessary in remote working situations than in office settings where managers could check in more regularly on an employee’s progress. For example, social recruiting tools can help your organization continue its hiring cadence even while in-person efforts to find new talent have been paused.
Expectations of HR teams have shifted dramatically. Today’s business leaders look to HR for expertise on emerging topics like ESG , creating cultures of productivity, and addressing challenges related to remote work and generative AI. However, our State of HR report reveals that the growth of HR often lags behind that of the business.
If you’re an HR professional at a company with more than one location, you’re well aware of the challenges of coordinating employee benefits across offices. Take, for example, outplacement services, commonly known as career transition support provided by a company at no cost to employees affected by a layoff or other workforce change.
This article delves into the meaning, stages, strategies, and real-world examples of the employee life cycle, offering comprehensive insights for HR professionals and business leaders. Examples: Google’s innovative recruitment campaigns and strong online presence that make it a highly attractive employer.
Uncertainty is often a major source of stress, and during times of change, employees look to HR leaders for guidance and clarity on their role in the organization. So, as an HR professional, it’s essential to prepare for the unexpected. It’s worth repeating that preparation is key. Change can be scary.
Uncertainty is often a major source of stress, and during times of change, employees look to HR leaders for guidance and clarity on their role in the organization. So, as an HR professional, it’s essential to prepare for the unexpected. It’s worth repeating that preparation is key. Change can be scary.
Example Reduction in Force Checklist Let’s start with an example of what your reduction in force checklist might need to include. COPYABLE EXAMPLE: [Organization Name] Reduction in Force Checklist Step 1: Identify Your Goals What are your business, organizational, and leadership goals? which locations, teams, etc).
Many who seek professional career coaching are people who have been let go from their previous company and received outplacement benefits —also known as career transition services provided by a former employer—as part of their severance package. Some of those resources can make all the difference in the job search.
Many who seek professional career coaching are people who have been let go from their previous company and received outplacement benefits —also known as career transition services provided by a former employer—as part of their severance package. Some of those resources can make all the difference in the job search.
Employers may need to make the decision to downsize and it’s up to the humanresources department to prepare all the necessary paperwork. This includes selecting which employees, following WARN and other legal regulations, deciding on severance packages, and devising your overall reduction in force plan.
The Society for HumanResource Management notes that “some experts say that employees want to know if layoffs are being considered.” By making workers aware of the company’s plans as soon as possible, you give them more time to plan and look for new jobs, easing their transitions. . Follow a clear process.
The Society for HumanResource Management notes that “some experts say that employees want to know if layoffs are being considered.” By making workers aware of the company’s plans as soon as possible, you give them more time to plan and look for new jobs, easing their transitions. . Follow a clear process.
Insubordination can be one of the toughest situations for humanresources professionals. In this article, well take a closer look at insubordination in the workplace, including what actions are considered insubordinate, and what managers, HR leaders, and other supervisors can do about them. What Are Examples of Insubordination?
Understanding the key drivers of employee engagement is crucial for keeping your workforce motivated and productive. These drivers help HR professionals identify what drives engagement, whether it is recognition, professional development, or a positive work environment. Contents What is employee engagement?
Executives and HR typically assess all alternatives before laying staff off, including reduced hours or pay cuts. If layoffs are unavoidable, HR must plan carefully to ensure legal compliance, clear communication, and sensitivity toward affected staff. Mention severance, benefits, and outplacementresources.
Typical packages may also include a continuation of health benefits, expedited vesting for stock options, and non-monetary benefits, including outplacement services. A consistent severance plan is best. It’s an HR professional’s job to create the process not only for recruitment and onboarding, but also for employee departures.
Since layoffs and terminations happen in every industry, preparing for potential workforce changes is an important task for HR professionals. This puts the onus on HR teams to become hybrids that are adept in both HR and marketing. For example, when Yahoo!’s Get organized in advance and have a plan.
Since layoffs and terminations happen in every industry, preparing for potential workforce changes is an important task for HR professionals. This puts the onus on HR teams to become hybrids that are adept in both HR and marketing. For example, when Yahoo!’s Get organized in advance and have a plan.
However, for business leaders and HR professionals, effectively delivering tough news to your workforce is a part of the job. We’ve seen a lot of headline layoffs this past year as a result of the pandemic and the forecast for this year is mixed, with about 32% of the U.S. . – Solutions & Additional Resources.
Whether it is because of financial issues, a move to rightsize the company, a preemptive layoff due to workforce planning reasons, there are tons of triggers for a RIF to occur. For example, you could say this from the letter example above: Due to this climate, we have come to the decision to eliminate positions within the organization.
To help ease these worries, you can inform exiting employees they will be supported with severance packages , outplacement services for job-transition assistance, or any other benefits and services your organization chooses to provide. Intoo’s outplacement program helps employees affected by a layoff transition to new jobs 2.5x
To help ease these worries, you can inform exiting employees they will be supported with severance packages , outplacement services for job-transition assistance, or any other benefits and services your organization chooses to provide. Intoo’s outplacement program helps employees affected by a layoff transition to new jobs 2.5x
However, for business leaders and HR professionals, effectively delivering tough news to your workforce is a part of the job. We’ve seen a lot of headline layoffs this past year as a result of the pandemic and the forecast for this year is mixed, with about 32% of the U.S. . – Solutions & Additional Resources.
This brings up a crucial question for HR experts: How is severance pay determined? If your company chooses to provide severance pay to terminated employees, it’s a good idea to create a plan to decide how severance pay is determined. In addition, a plan helps maintain fairness and consistency across your organization.
If you are in a career transition—or if you are an HR professional exploring outplacement or career transition services for employees at your company who may be affected by a layoff or termination—you may be curious about what a career transition coach can do for a coachee, or how the coaching process works in general.
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