Business: Private investment company
Objective: As a result of the economic climate, the business owners were forced to make their finance manager’s position redundant. The objective was to help the businesses manage the redundancy process as smoothly as possible.
Process: As part of the redundancy process the finance manager was offered outplacement assistance. The services chosen by the employer and employee were a mix of personal assessment, coaching in job research, applying for jobs, interview preparation, action planning and goal setting. Throughout the process, the employee was required to undertake exercises that encouraged him to think about all aspects of his life, as well as his career. After undertaking a psychometric assessment to identify his areas of interest, skills, strengths and possible areas for development, an action plan was created addressing his career, home life and activities outside the workplace.
Outcome: With a revised CV and a winning attitude, the employee was able to secure an excellent position at a higher level than his previous role within a culture that he truly felt part of.
- Displayed the business’ commitment to the employee whose role was made redundant
- Helped to reduce the employee’s feelings of negativity regarding the redundancy
- Supporting their employee helped him to be positive and attain a new rewarding position