So, you’ve found yourself in a position that no one wants to be in: you’re planning a layoff. While you try to navigate the challenges of employee communications and putting together severance packages, you now also have to find an outplacement services provider.
With all the big-name outplacement firms out there, how do you know which one is right for your organization? Or even if you should partner with a large firm at all?
Many HR leaders and CEOs don’t think to consider boutique firms, and end up spending thousands of dollars more when they could have opted for a white glove, tailored service for far cheaper.
Here are some of the reasons why opting for a boutique recruiting firm might be the best bet for your outplacement needs:
A Perfect Matchmaker
Think of a recruiting firm as the ultimate matchmaker for your displaced employees. Recruiting firms have their fingers on the pulse of the job market. They know who’s hiring, who’s expanding, and which companies align with the skills and aspirations of your former employees. They’ll also be able to make introductions between displaced employees and the network of hiring managers they have on the recruiting side.
Moreover, these firms are equipped with seasoned professionals who know the ins and outs of career transitions. They offer personalized coaching, resume revamps, interview prep, salary negation and more. It’s like sending your employees to a makeover show—for their careers!
Low cost
Unlike large outplacement firms that often charge exorbitant fees, boutique firms tend to offer more flexible pricing options.
Smaller firms typically operate with less red tape and are therefore more likely to give your organization a far better deal on outplacement.
Industry Specific
Smaller recruiting firms tend to focus in on one industry, or a small handful of industries. By partnering with a firm who specializes in working with marketing, PR, and creative talent, for example, they’re able to speak the same language as your displaced employees and offer more tailored advice.
An outplacement partner who understands the hiring landscape in the specific industries your former employees work in is truly invaluable.
Personalized Touch: You’re Not Just a Number
Unlike larger firms who only offer a set number of outplacement sessions for their clients, boutique firms tend to be more flexible. Many even offer to work with displaced employees up until they’ve secured their next position. Outplacement providers shouldn’t leave anyone without support and guidance amid unemployment. Ever.
Conclusion: The Boutique Advantage
So, the next time you’re faced with the difficult decision of restructuring or downsizing, remember that a boutique firm can be your best ally. It means opting for a personalized, flexible, high-touch, and cost-effective approach that puts your displaced employees’ needs front and center.
When considering outplacement services, think beyond the big names and consider the unique advantages a boutique firm can bring to the table. You might just find it’s the perfect fit for your company’s needs.