Scismic

Do you know the true cost of layoffs?

The true costs of layoffs and how to minimize them. #layoffs #outplacement

#Biotech, slowdowns and downturns are the best time to upskill and retrain your workforce. Companies who invest in professional development see a 𝟮𝟭𝟴% 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗶𝗻 𝗶𝗻𝗰𝗼𝗺𝗲 per employee and a 𝟮𝟰% 𝗵𝗶𝗴𝗵𝗲𝗿 𝗽𝗿𝗼𝗳𝗶𝘁 𝗺𝗮𝗿𝗴𝗶𝗻 than those without talent development programs. Want help with coaching & training? Contact Scismic. We can help.

87% of surviving workers say they are less likely to recommend their organization as a great place to work after layoffs. Unless... The layoffs are handled well. If affected employees are treated with respect and compassion, and given fair severance packages, and existing employees feel appreciated and invested in, you can actually improve how past and present employees feel about the company. If you want help ensuring that your layoffs go as well as can be expected, contact Scismic.

Poorly handled layoffs? You may think you are loosing 10% of your workforce, but if it means the rest are less productive, you may be doubling your losses. Employers who rated their managers as not being transparent or approachable about the layoffs reported a 90% reduction in their productivity. How you handle layoffs can significantly impact the productivity of your surviving workforce. Scismic can help. #layoffs #outplacement

Join the ISSCR Virtual Annual meeting for access to the exclusive job board! #ISSCR #stemcell #jobs

In 2022 there were more jobs than applicants in Biotech. In 2023 and 2024, we've seen the reverse. If you have to layoff employees, don't send them adrift in a sea of other qualified applicants, without a life preserver. Outplacement and Career coaching not only helps them land a new job faster, it will help them land the right job for them. #layoffs #outplacement #careercoaching Graph taken from BioSpace 2024 U.S. LIFE SCIENCES Employment Outlook

If you are one of the 𝟯𝟳% 𝗼𝗳 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗿𝘀 𝘄𝗵𝗼 𝗮𝗿𝗲 𝗰𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗶𝗻𝗴 𝗹𝗮𝘆-𝗼𝗳𝗳𝘀 as a cost-saving measure, please consider outplacement services as a cost-effective part of your severance package to affected employees. Outplacement and career coaching typically results in laid-off employees finding work in half the time it would take without such support. Depending on which state your business is in, the longer former employees remain on unemployment, the more it could impact the unemployment insurance tax rate your company pays. #layoffs #outplacement #severencepay #unemploymentinsurancetax

Employers - there are layoffs, and then there are poorly executed layoffs. Here are some ways to make sure the layoff experience is not worse than it needs to be for your affected employees. #layoffs #employers

Are you prepared to negotiate your next #salary offer? Attend our webinar, "How to Negotiate Your Salary for #LifeSciences Roles" with Helen Vong, our VP Business Dev/Client Success, on 27th June 3PM EST. Gain the tools and knowledge you need, understand industry trends, and learn how to navigate negotiations with confidence. Sign up now and invest in your career! https://lnkd.in/gtQvsdWV