Corporate Corruption and the HRM Function: Legal, Ethical, and Moral Perspectives
February 12, 2025
The Paradox of Too many People, Capital and Too Few Jobs and Resources The present times are characterized by an oversupply of everything related to the job market and the presence of so much capital at the disposal of companies. On the other hand, the physical resources needed like oil, gas, minerals, and water are […]
Being creative is nothing but the passion of doing things differently and creating new and unique concepts and ideas. Individuals need to work on things which no one has attempted so far. Why do you always want to follow others? Thinking out of the box not only helps you reach innovative solutions but also makes […]
The Recruitment Process There are many differences between the business schools in the West and the East. Starting with the selection procedure, continuing to the pedagogical methods, including the structure of the courses, and the nature of the placement method, these differences are considerable and worth examining. First, if we start with the selection procedure, […]
Leadership Development in Successful Companies The previous articles have discussed how the HRM function is now seen as a critical and crucial component of the organizational support functions. In particular, we have analyzed how effective people management goes a long way in ensuring better economic performance. Among the components of people, management that the HRM […]
Following are the tools used by the organizations for Performance Appraisals of their employees. Ranking Paired Comparison Forced Distribution Confidential Report Essay Evaluation Critical Incident Checklists Graphic Rating Scale BARS Forced Choice Method MBO Field Review Technique Performance Test We will be discussing the most important performance appraisal tools and techniques in detail. Ranking Method […]
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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