Corporate Corruption and the HRM Function: Legal, Ethical, and Moral Perspectives
April 3, 2025
What is Corporate Corruption and how pervasive it is? While we are all aware of corruption in the governmental and public sector entities, the lesser reported aspect of corporate corruption is something that does not yet get the coverage and attention it should. This is because unlike corruption in other spheres and walks of life,…
The Pervasive Use of AI Powered Recruitment Tools Increasingly, many large and medium sized as well as small businesses are turning to AI or Artificial Intelligence powered algorithms and software in their HR or Human Resources processes. Whether it is recruitment where AI driven software “parses” through the mass of resumes in a jiffy and…
The Reasons for Attrition In recent months, there has been a spate of news items about how attrition is taking its toll on many organizations in Asia and especially in the IT sector in India. Whereas in the west, because of the recession and the gloomy economic conditions, attrition is no longer an issue and…
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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