By: Richard Butz
Whether it is the holiday season or not, when an individual loses their job, it’s normal for them to feel hurt, angry, vulnerable, or even betrayed. Work is more than just making a living for most individuals. One’s job influences how one sees oneself, as well as how others view us. It gives us structure, purpose, and meaning in our lives.
A job loss can be a very stressful experience, and it is more stressful during the holiday season. Beyond the loss of income, losing a job can mean a loss of professional identity, diminished self-confidence, and the loss of one’s social network as well as the end of a familiar daily routine.
Today’s leaders, focused on building a great organizational culture, realize there is one benefit an employee needs most when they lose their job – a Personal Career Coach. By adding this inexpensive benefit to the individual’s severance package, they are assisting the employee when they need it most.
The Cost and Benefits of a Personal Career Coach as Part of a Severance Package –
The cost of the Personal Career Coach benefit typically amounts to less than two weeks of the individual’s salary and generates a very high return on investment for the organization. It demonstrates, to both existing and departing employees, that the organization cares about its people, even beyond their employment with the organization.
Additionally, a certified Career Coach helps ensure the individual can deal with the stress of losing their job and sets their job search on the right track. The Personal Career Coaches at The Center for Leadership Excellence work with each individual until their job search is complete, no matter how long it takes. As a result, it is not uncommon for our coaches to hear clients tell us, “Having a Career Coach was one of the best benefits my former employer provided.”
Year-round, and especially during the holidays, be certain your organization includes a certified Personal Career Coach as part of the severance package for individuals being transitioned out of the organization.
Learn more about what services are provided by a career coach at www.cleindy.com/outplacement or contact Jane Richardson at (317) 652-1681 or jrichardson@cleindy.com.