Separate and Retain: Manage Workforce Transitions

Workforce Separations

Workforce separations expose organizations to significant risks, large administrative costs, and significant loss of productivity due to employee morale problems. Handled correctly, however, the process of workforce separations can mitigate risk, reduce costs and create goodwill for the company.

To help manage workforce separations, HumanConcepts offers Transition Manager, a unique solution for managing the processes around organizational change.

Combined with the HR data insight of OrgPlus, the solutions create a comprehensive system for managing voluntary terminations, involuntary reductions in force, restructuring and other workforce separation events involving one or many employees.

HumanConcepts Workforce Separation Solutions

Workforce Analysis: Ongoing 'business as usual' or event based 'RIF' separations often begin with a business goal in mind such as reducing the workforce cost, removing low performers, or closing a location. OrgPlus Enterprise provides the ability to quickly analyze the current condition, then model how the metrics would change in different scenarios.

Decision Making: Once business goals are set, Transition Manager helps managers to make the best decisions quickly. By selecting employees that qualify for the event, then providing ratings and other details on the candidates, Transition Manager takes the guesswork out of the decision, ensures decisions are fair, and allows managers to evaluate impact on diversity or protected classes to verify they are in line with regulations.

Compliance: Transition Manager records every decision and transaction in the separation process. This enables management teams to ensure that plans comply with internal business rules or regulatory restrictions for separating workers in protected classes, geographic regions and more. The system creates a detailed audit trail for both legal support and HR record keeping.

Workflow: Employee separations require a heavy administrative load, from calculating severance payments to producing documentation to informing back office systems that an employee is no longer with the organization. The Transition Manager solution manages these processes to provide timely, accurate transactions. This not only saves administrative cost, but accelerates the off-payroll process, saving weeks or months of salary.

ROI

Meet Financial Objectives - Set financial goals and monitor progress toward plan

Compliance & Risk Management - The avoidance of a single claim can save millions of dollars

Corporate Productivity - Making separation decisions faster increases productivity, return more quickly to business as usual

Process Improvement - Reduce administrative support costs by more than 50%

Accelerate Off Payroll - Typically 3 week process improvement saves $3,000 per separated employee ($1,000/week)

Talent Retention - Save 1 to 1.5x annual salary to replace a high performer/high potential employee

Error Reduction - Save an average of $278 per separated employee

Use Cases

Voluntary Reductions in Force
Involuntary Reductions in Force
Mergers and Acquisitions
Ongoing Alignments
Restructuring
Reorganization
Offshoring
Outsourcing
Downsizing / Rightsizing
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