A new survey shows overwhelming support for redundant employees to be given career transition services including career guidance, CV or interview advice.
The research conducted by Hays recruitment finds that two thirds of quizzed employees believe such services should be a compulsory part of all redundancies, going as far to say that the Government should offer funding to help provide this kind of support – rising to 72% of employers in the public sector.
The survey shows that despite signs of recovery, organisations are still experiencing change with 41% of private sector employees and 50% of public sector employees expecting further redundancies in the next twelve months. The Chartered Institute of Personnel and Development
recently predicted that as many as 725,000 jobs in the public sector could go by 2015.
The majority of staff who have been made redundant say they used support when it was offered by their employer (80%). However more than half said if they were going to be made redundant the main area they would like support is with finding a new job. As many as 39% cited feelings of failure as their biggest fear of redundancy.
The overwhelming advantage of career transition services for employers is the protection of the employer brand; over 60% 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.
Despite the benefits of career transition support, 73% of employees reported no support from employers when being made redundant.
Mark Staniland, managing director of Hays career transition services said: “It’s critical that redundancies are handled well, to avoid creating problems further down the line.
“A better use of available funds may be to focus on those employees experiencing redundancy and offering them practical help to find another job quickly, as ultimately this will save the Government purse. With a difficult time expected in the public sector this year, a way to help this issue would be for the Government to encourage organisations there to use services which make sure that any employees who experience redundancy don’t lose confidence and have effective help in finding a new job, thereby keeping them in employment.”
A total of 300 HR professionals and line managers and over 750 employees across the public, private and voluntary sectors were quizzed as part of the survey.