Corporate Corruption and the HRM Function: Legal, Ethical, and Moral Perspectives
February 12, 2025
Communication plays an essential role in increasing efficiency of employees. Employees need to interact with each other more often to break the ice and feel comfortable at the workplace. Problems arise when information does not flow in its desired form. Effective communication facilitates free flow of information among employees and reduces misunderstandings and confusions. Effective […]
Meta, Tesla, Twitter, and Amazon Layoff Thousands! Is The Tech Party Over? First it was Meta, and now it is Tesla and Twitter. Now Amazon and other Tech firms are laying off staff in the thousands. So, does this mean that the party is over for Tech firms and what does this mean for the […]
In recent years, many business schools in China, Singapore, and India apart from other Asian countries have been offering one year or two year executive management programs. These programs are aimed at mid-career managers who wish to upgrade their managerial skills or who want to change careers midway. The main advantage of these executive management […]
When we refer to a country’s resources and wealth, we refer to their economic position, the availability of natural resources, financial status as well as the state of technological growth etc. However not much attention is given to assess the human capital especially the youth capital. It is true that youth is the future of […]
Succession planning is one of the most important career development tools used by organizations. This is done to determine the backups for each senior position by identifying and training the executives who are at the next-lower levels. This is an important process as most organizations rely on it to find their next CEO and other […]
Termination of employment simply means the ending of employment in a particular organization. Termination of employment is inevitable in any employment relationship and it may happen either voluntarily or involuntarily.
On the part of employer, it is mandatory to follow proper termination rules and policies while applying dismissals or lay-offs as the terminated employees may opt for legal recourse.
Also, such terminating activities are taken in negative sense among the workforce market, which adversely impacts the reputation of the organization as an employer.
It is during such situations that an organization decides for outplacement and career transition services. A carefully handled termination along with proper severance package and outplacement service helps the organization in avoiding legal action from employee’s side.
Actually, outplacement is the service offered by the former employer to help the terminated employee in locating a new job. The former employer, in this case, covers all the costs to facilitate the employee with the new job. This minimizes the impact of termination on employee and prevents him from the pressure of being jobless/finding a new job.
Such services also alleviate the standing of the organization as an employee-centered organization. Moreover, by taking up outplacement services, an organization diminishes the risk of lawsuit.
The organization generally calls for the services of an HR Consulting Firm in cases of termination and outplacement to deal with the whole process in a professional and dignified manner. The HR Consulting Firm works along with both, the employee and the employer, so as to make the event of separation strategically fitting to the needs of both the parties.
The service of HR Consulting Firm runs in three phases as follows:
Throughout these three broad phases of termination and outplacement, an HR Consulting Firm generally provides following individual services to the organization and retained/ terminated employees:
Besides, an HR Consulting Firm also guides the concerned managers handling the termination meetings in carefully communicating the news to the terminated employees as well as to the staff, so as to maintain the dignity of the terminated employee and negate the concern among the retained employees. A detailed plan about the sequence and content of the meeting is chalked out to make it more definitive and justified.
Hence, the HR Consulting Firm aims at making the process of termination and outplacement manageable and respectful for the organization and the terminated employee.
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