Organizations Increasingly Turning to Online Outplacement Solutions Amid Global Job Cuts
Dallas/Ft. Worth, TX – November 20, 2008 – Insala, a leading global provider of outplacement and career transition software, is reporting a significant increase in usage among EmploymentTalk clients.
With more than 20% of the world’s outplacement firms powered by EmploymentTalk, Insala’s online outplacement solution, Insala’s U.K. clients have experienced a 30% increase in use when comparing October 2008 with October 2007. In the U.S., the increase during the same period is nearly 20%, mirroring the layoff news and redundancy announcements reported over the last 12 months.
“These numbers are an indicator for the outplacement industry as a whole when you look at the sharp increase among our users over the past year, and read the nearly daily announcements of redundancies and labor projections,” says Phillip Roark, Insala President and CEO. “The positive element to be found here is that outplacement support is a responsible resource provided by organizations. Companies want to help exiting employees and are reaping the benefits in boomerang hiring, improved morale, motivation, productivity, and improved company reputation, to name a few.”
Reed Consulting reports in The Value of Outplacement, that 81% of employers engage help from external outplacement providers with 50% of surveyed employers using only external providers. With projections of more layoffs looming, outplacement firms stand a chance to streamline services and resources to clients while maintaining high touch personalized services with assistance from online outplacement solutions such as EmploymentTalk.
About Insala Insala partners with organizations to develop and deliver business strategy solutions and to maximize Human Capital in today’s competitive and changing social and economic environment. Insala’s powerful outplacement and career services technology solutions are utilized by organizations worldwide.
The Insala Solution Suite spans outplacement, succession planning, career development, performance management, leadership development, employee surveys, and mentoring. Delivering unique solutions through advanced technology, content and consulting services, Insala solutions offer sustainable, measurable value, with long-term impact for organizations worldwide. For more information, please visit us at www.insala.com.