The survey, which questioned almost 300 HR professionals and line managers and over 750 employees across the public, private and not-for-profit sectors, found that 47 per cent of employers believe it should be compulsory for organisations to provide career transition services to staff being made redundant. It also shows that despite signs of recovery, organisations are still experiencing change and facing job cuts, with 41 per cent of private sector employees and 50 per cent of public sector employees expecting further redundancies in the next twelve months.
The overwhelming advantage of career transition services for employers is the protection of the employer brand; over 60 per cent reported the greatest benefit is in ensuring staff leave on favourable terms. Career transition services can work by helping employees regain their confidence and find a new job, both of which were cited twice as often as CV or career path advice.
The potential impact of career transition services is clear. Aside from the financial impact, employees identified the feeling of failure (39%) as the biggest impact of redundancy. For those that had received support from their employer, the biggest negative factor was loss of structure to the day (28%).
"It's critical that individuals get the opportunity to receive the best support available, to avoid creating problems further down the line and giving them the chance to quickly get back into the job market with confidence and optimism" said Bonnie Clarke, Director of Hays Career Transition Services in Scotland.
"Offering those people who are made redundant practical help to find another job quickly will ultimately save the Government purse. With a difficult time expected in the public sector this year and the private sector still in recovery mode it is important both the Scottish Government and private companies, like Hays, continue to offer support. The employees we surveyed told us that the one area they really wanted help is finding a job, which is why the most effective transition support is linked to recruitment and the practical aspect of searching for a new role."
For further information, employers should contact Bonnie Clarke on 0131 226 7972 or visit www.hays.co.uk/hays-outplacement.aspx
Hays plc (the "Group") is the leading global specialist recruiting group. It is the expert at recruiting qualified, professional and skilled people worldwide, being the market leader in the UK and Australia and one of the market leaders in Continental Europe. It operates across the private and public sectors, dealing in permanent positions, contract roles and temporary assignments.
The Group employs 6,933 staff operating from 345 offices in 28 countries across 17 specialisms.
For the year ended 30 June 2009:
- The Group had revenues of £2.4 billion, net fees of £670.8 million and operating profit of £158 million.
- The Group placed around 50,000 candidates into permanent jobs and around 270,000 people into temporary assignments.
- The temporary placement business represented 56% of net fees and the permanent placement business represented 44% of net fees.
For further press information please contact:
Keir Bosley, CHA
T. 020 7580 7025
T. 020 7259 8821