Insala, an outplacement and career transition software provider, published "The Outplacement Industry Forecast for the 2nd Half 2009."
"Our subject matter experts and consultants mine and analyze pertinent data, as well as conduct interviews with outplacement industry veterans, human resources practitioners, trade associations, job seekers, and the media, says Phillip Roark, CEO of Insala. "I am impressed with the diversity of services companies and job seekers are exploring for success. In addition to providing valuable one-to-one services, the industry is exploding with increased efficiencies driven through the use of technology. The demand for new service models, greater customization of offerings, interactive and online video content, and Web 2.0 networking creates a more rigorous networking marketplace to scour, and more possibilities for success."
Key Findings Highlights of the forecast indicate the outplacement industry continues to grow, and is viewed as a standard offering in severance packages or as an added value service. Findings show companies plan more layoffs in the remainder of 2009; workers across the world fear losing their jobs; and women and people older than 50 are most affected by recent layoffs.
Demand for Change With outplacement a necessary cost of doing business, companies are looking for cheaper ways to gain access to the services. Here are some outplacement trends Insala gathered from employers and employees:
• Shorter program lengths.
• Virtual programs, and the decreased need for physical office space.
• Increased use of career transition technology portals.
• Employees and companies pushing for support services that are cheaper and tailored to their company and their people.
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