Downsizing happens. Whether you are responding to an economic downturn, a change in company direction or a merger that renders positions redundant, the decision to downsize is never easy.

A poorly handled downsize can result in low morale, distracted, confused and dissatisfied employees and reduced productivity. Of course, all of this directly impacts your bottom line.

Smart firms know that the way they treat departing employees can leave a permanent impression that flows back in a multitude of ways. Who can predict whether a former employee will end up a potential buyer of your services, a source of referrals or someone you might later wish to rehire?

It pays to act both compassionately and strategically when downsizing. With 20 years experience in human capital management, we are well-equipped to support you in this process.

Services for the Employer

We help employers reduce the stress and potential risk involved in a downsizing initiative by providing:

• Consulting services to facilitate your planning process for a downsize
• Strategic advice on how to communicate during and after a downsize
• Termination interviews conducted on your behalf

Career Transition Services for the Individual

We recognize that being downsized is an emotionally laden experience that requires a personal touch. As a result, we provide career transition services using a one-to-one consulting/coaching approach. Career transition programs are tailored to each individual’s unique needs and may include:

• Coping skills for career transition
• Exploration of values, competencies and interests
• Individual assessment to identify ‘best fit’ opportunities
• Strategic Job Search Plan
• Expert counsel on resume and cover letter development
• Guidance on labor market research
• Networking strategies
• Job interview preparation
• Interview skills coaching
• Networking
• Negotiating strategies
• Optional financial counselling
• Optional self employment counselling

Whether it’s a rapid results program to deliver career transition basics or an enhanced program for downsized senior staff, we can tailor a program to meet your needs and budget. Workshops are also available for groups of separated employees with similar needs.

To find out more, please contact:

Michael Povey
604 659 1300 Ext 2
mpovey@fifthoption.com