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Businesses of all sizes are currently facing a myriad of challenges which can include escalating costs, rising rates, new legislation, increased competition, and consumer spending pressures. Few businesses are immune from these trends and most will take mitigating action to ensure long term survival. To alleviate short to medium term financial pressures, many businesses have no option but to streamline overhead and seek opportunities to leverage efficiencies. When all avenues have been explored, a last resort is often the requirement to reduce the head count. A redundancy situation is devastating for all involved. Where possible, employers should try to find ways of helping employees come to terms with their situation. Practical help need not represent a significant burden on resources as a small investment can have a tremendous impact on creating a brighter outlook for individuals affected.
Solution An affordable alternative to traditional outplacement solutions is the ‘Relaunch Your Career’, a redundancy toolkit developed by ICS in conjunction with Fairplace. The toolkit takes people through a comprehensive career transition process with the aim of quickly securing re-employment. The toolkit includes: > A detailed workbook with exercises to develop a career plan > Six months exclusive access to an interactive website and resource library which offers: – Self-assessment activities – Online career planning – CV and letter templates – An integrated job database – A downloadable career guides – Interview route planners – Links to the best jobs sites and recruitment agencies > A one-hour telephone consultation with a professional career coach.
Benefits To Employers The toolkit is available to employers to roll out as part of the redundancy process. Benefits include: > Cost effective alternative to commissioning an outplacement company > Demonstrates a sensitive and fair approach to the redundancy process > Positions the business as a responsible and caring employer > Improves brand image and reputation by helping those affected to move on > Outgoing employees less likely to seek redress against the business > Helps maintain morale amongst remaining employees > Redundant employees may be clients, suppliers or employees in the future.
To Employees Where limited support is provided by the employer, individuals can purchase the toolkit on their own. Benefits include: > Great alternative if an outplacement company has not been commissioned > One stop shop for information and support in preparing to get a new job > Personal advice and support from a qualified consultant > Provides career guidance and advice > Restores confidence and motivation to succeed > Enhances re-employment prospects.
About Us ICS ICS is one of the world’s oldest and one of the UK’s biggest correspondence training providers, having been set up originally in 1890 in the United States. Its headquarters are in Glasgow, where it manages around 45,000 students a year across a wide range of academic and vocational programmes. For more information about ICS visit www.icslearn.co.uk
Fairplace Founded in 1992, Fairplace is a leading UK career and talent management firm, specialising in helping people make the most of their talents and maximise their career opportunities. Voted ‘The Most Effective Outplacement Provider in the World’ by the Association of Career Firms, Fairplace has more than 100 accredited consultants UK wide and works with 10,000 individual clients every year. For more information about Fairplace visit www.fairplace.com