When faced with restructures, many organizations struggle to construct a humane layoff process. There’s a better way to do this →
We’ve asked our Cultivate community (including 16,000 job-seekers!) how to make layoffs as supportive & kind as possible. Their top three insights?
1️⃣ Ease the transition financially. 💻 Can you let people keep their laptop to use for their job search? Can you roll out transitions at the start of the month, creating a longer stretch of ongoing health care before COBRA?
2️⃣ Consider a voluntary “buy-out” option or equivalent. 🚪 This allows people to leave who are already one-foot-out-the-door –– and enables more of those to stay who are truly keen on sticking around. This can help with retention and avoid more attrition after-the-fact.
3️⃣ Create meaningful connections for people once laid off. 🤝 Can leaders make direct references and open their own networks? Can the org itself put out an announcement to external stakeholders encouraging new employers to scoop up the talent? Can you invest in pushing people toward a network to help them land on their feet?
We hope none of you are in a position where you’ll need to restructure this year due to budget constraints –– but we also know that times are still hard for many orgs across the social impact sector.
If you suspect your team could benefit from our outplacement career coaching services in 2024, reach out via our All Hands contact page to arrange a confidential 15-min chat with our Cultivate team: https://lnkd.in/dsjc7gib
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