The Challenger Difference
Change is hard, and the job search is no exception. While it is often full of rejection and disappointment, it is also a time for evaluation, opportunity, and hope. The process is an emotional roller coaster and it’s difficult to endure without expert guidance and care.
Outplacement services are for companies with a conscience who want to help their people navigate their next professional steps after they exit their roles. Basic outplacement services generally offer transitioning employees help with their resumes and preparation for interviews.
However, Challenger’s outplacement coaches provide expertise and empathy, not only giving advice on every aspect of the job search, from interviewing to LinkedIn help, but also acting as cheerleaders for our clients as they traverse this process. That is the Challenger Difference.
Outplacement does not only help exiting employees find their next jobs. At Challenger, we also help people who want to start their own businesses or may be considering retirement. It is about helping people find the best professional fit, transitioning to the next chapters in their careers.
The benefits of outplacement are innumerable for both the departing employee and the company offering the service. Job seekers who receive outplacement generally find new jobs more quickly than without it, leading to lower unemployment numbers. According to the Bureau of Labor Statistics, the average duration of unemployment is around 19 weeks, while with Challenger outplacement services, it is closer to 12 weeks.
Those who receive outplacement services often find positions that they report are better than their previous positions. In fact, nearly 93% of workers said they found equivalent or better positions using Challenger outplacement services.
Companies who offer outplacement as a benefit build loyalty among their workers and use it as a recruitment tool. They foster more fulfilled former employees, ultimately leading to a stronger employer brand and ability to attract top talent. Outplacement truly turns a negative into a positive.
For over five decades, Challenger has provided compassionate outplacement services, consulting with HR professionals charged with implementing change while expertly coaching their talent to find their new positions.