Remove Outplacement Remove Resources Remove Retirement
article thumbnail

What Is the Difference Between a Voluntary Retirement and a Layoff?

Careerminds

Thats where voluntary retirement programs can offer an alternative. But how do voluntary retirement and layoffs really differ, and when should HR consider one over the other? In this article, well discuss the difference between voluntary retirement and layoffs, exploring their key elements and implications in detail.

article thumbnail

Ask the Coach: Interview with Career Consultant Andrea Abernethy

Careerminds

Andrea Abernethy is a Careerminds Senior Career Consultant who assists outplacement program participants through their career transition, providing support, advice, and encouragement when needed to help them find a new, fulfilling job they will love. Download our Comparison Sheet See how we compare to other outplacement providers.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Write a Voluntary Retirement Program Announcement Letter (with Template)

Careerminds

A voluntary retirement program can be a great way to help older workers comfortably exit your organization while negating the need for workforce reduction events such as layoffs. Like most programs, it begins with your voluntary retirement program announcement letter. What Is a Voluntary Retirement Program Announcement Letter?

article thumbnail

Top 10 Global HR Services Providers 2024

HR Lineup

Human Resource (HR) services have become a critical component of business success, particularly in a globalized economy. Their cloud-based HCM solutions help companies manage everything from hiring to retirement, making ADP an invaluable partner for businesses of all sizes. Headquartered in London, WTW operates in over 140 countries.

article thumbnail

Reduction in Force Checklist

Careerminds

Step 2: Consider Alternatives Options Furloughs or extended leaves Temporary layoffs Temporary or permanent pay reductions Reduced hours of paid work Hiring freezes Voluntary time off Voluntary layoffs Voluntary or early retirement Step 3: Outline Your RIF Plan Document the high-level business reasons for why a RIF is necessary.

article thumbnail

27 Key Drivers of Employee Engagement To Benefit Your Workforce 

AIHR

Provide support during transitions: If retrenchment or restructuring is necessary, provide outplacement services, counseling, and clear communication to support affected employees. Try this Enable confident decision-making: Encourage employees to make decisions and provide the necessary resources and support to help them do so.

article thumbnail

DMA Group Affiliates with Career Partners International to Expand International Network

Career Partners International

Since 2002, DMA Group’s outplacement, career transition and retrenchment support specialists have delivered tailormade programs in group and individual format, in person and online, to participants from a broad range of functions, sectors and locations, in South Africa and abroad.

Groups 52