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Published byLynette Maxwell Modified over 6 years ago
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the leader in contemporary career transition services
January 2016
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the “new normal” for business
Layoffs and Discharges (000) Unemployment Rate (%) Layoffs and discharges remain omni-present Mergers While the talk of recruiting and skills shortages are common in today’s market believe it or not layoff’s have remained steady for years. Layoff’s often result from events that would be considered positive for a company such as acquisitions, mergers, more efficient processes and technology enhancements Even with skills shortages long-term unemployed and marginally employed rates are at a high of 11.4% (BLS U6 Nov 2014). Restructuring Acquisitions Unemployment rate at 7-year low Layoffs
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Why RiseSmart? INNOVATION TECHNOLOGY PEOPLE
Nation’s fastest-growing outplacement firm. Why RiseSmart? We have customers in 40+ industry segments More awards than all of our competitors combined INNOVATION TECHNOLOGY RiseSmart is Focused on people and technology driving innovation and that’s why Nations Fastest growing outplacement firm Have fortune customers in over 40 different industry segments And more awards than all of our competitors combined Lets talk about what this means for you PEOPLE
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+ smarter outplacement Personalized Service Leading Edge Technology
Reduced taxes, financial risks + Personalized Service Leading Edge Technology Personal Coaching | Professional Branding | Dedicated Job Concierge Cloud-based Delivery | Customized Content | Integrated Social Networking Reduced outplacement fees Better brand protection; happier ex-employees The result: Your impacted employees land months faster than the national average (If you have only one slide to present within an existing Randstad deck use this slide “Smarter Outplacement” – pulling notes from slide 5 to round out the conversation) What this means for you – Why consider RiseSmart Proactive and personalized services – surrounded by 3 experts focus on key components of job search – coaching branding and job resources – Key phrase we do the work to get your employee’s back to work fast and its proven State of the art award winning technology driving on demand customized content The result - people landing jobs substantially faster than national average and that leads to a proven return on your investment – not just any job though Lower litigation risk Measurable ROI through progress stats
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60% Faster Than The National Average On A Consistent Basis
RiseSmart Is Putting Participants Back To Work 60% Faster Than The National Average On A Consistent Basis 80% 71% Landed During Program Same or Greater Salary * 194 Days U.S. Bureau of Labor Statistics The average duration of unemployment is an estimated 194 days or ~6 months Results that matter to the livelihood of your employees and ultimately help your bottom line. 80% of employees land a job during the terms of their program More importantly - 71% of employees land jobs that are equal or better than their previous jobs—which directly impacts their families and the communities in which they live and that directly impacts your employer brand Jobs found an average of 79 days while the BLS is 194 days or over 6 months and that saves you money in unemployment costs down the road. We’d appreciate the opportunity to have RiseSmart share their award winning services……. 79 Days RiseSmart The average duration of unemployment is less than 79 days or <3 months Source: BLS.gov and RiseSmart *As measured by participants who reported during 6-months+ programs
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Thank You
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Appendix – Case Studies
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Manufacturing Challenges Solutions COMPANY INFORMATION
A flexible, custom plan for retaining talent, even during workforce reduction Customized ‘in-placement’ program to save on recruitment, severance and unemployment tax Interview opportunities through a customized program Experienced transition coach + certified resume writer + personal job concierge Online personal portal for 24/7 access to customized career content Manufacturing COMPANY INFORMATION Location: U.S. with offices worldwide Ownership: Public Employees: 125,000+ Revenue: $55 Billion Caterpillar is consistently recognized as a most admired company and best global brand. Constructing a talented workforce—and cementing employee loyalty—is no small feat, even for one of the world’s leading manufacturers of construction and mining equipment. Despite having worked with a traditional outplacement provider during past reductions in force, the company needed a new way to restructure its workforce by digging deep into its current talent pool to mine the best talent. This global manufacturer needed a flexible, custom plan for retaining talent, even in the face of workforce reduction. While one division might let talent go, another division might still be hiring. In order to save on recruitment, severance, and unemployment tax, as well as retain talent whose skills and culture already proved a fit, the company needed to engage the services of an outplacement services provider that could tailor an “in-placement” program to meet the company’s needs. Successfully transitioning from its previous outplacement provider, this company worked with RiseSmart to implement a customized in-placement/outplacement program that helps impacted employees discover and interview for opportunities within the organization during the first 90 days after a layoff and externally thereafter. Through RiseSmart, each impacted employee is assigned a coach with industry experience to prepare employees for both internal and external interviews, a certified resume writer to create a resume that will appeal to internally- and industry-related positions, a job sourcer for uncovering relevant opportunities, and an online portal for accessing customized career content.
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Technology Challenges Solutions COMPANY INFORMATION
Lacked consistent manager notification training. Desired better resume and branding support for transitioning talent. Needed more accountability for results from outplacement provider. Implemented dedicated and thorough manager notification training program. Provided each participant with resume creation services by professional resume writers. Received in-depth reporting, analytics, and testimonials, incl. # landed during program, average days to land, and new job titles. Technology COMPANY INFORMATION Headquarters: Norwalk, CT Ownership: Public Founded: 1906 Company Size: 140,000 employees in 180 countries This is Fortune 500 organization. Constructing a talented workforce—and cementing employee loyalty—is no small feat, even for one of the world’s leading manufacturers of construction and mining equipment. Despite having worked with a traditional outplacement provider during past reductions in force, the company needed a new way to restructure its workforce by digging deep into its current talent pool to mine the best talent. This global manufacturer needed a flexible, custom plan for retaining talent, even in the face of workforce reduction. While one division might let talent go, another division might still be hiring. In order to save on recruitment, severance, and unemployment tax, as well as retain talent whose skills and culture already proved a fit, the company needed to engage the services of an outplacement services provider that could tailor an “in-placement” program to meet the company’s needs. Successfully transitioning from its previous outplacement provider, this company worked with RiseSmart to implement a customized in-placement/outplacement program that helps impacted employees discover and interview for opportunities within the organization during the first 90 days after a layoff and externally thereafter. Through RiseSmart, each impacted employee is assigned a coach with industry experience to prepare employees for both internal and external interviews, a certified resume writer to create a resume that will appeal to internally- and industry-related positions, a job sourcer for uncovering relevant opportunities, and an online portal for accessing customized career content.
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