SMEs and the state of the outplacement industry
"PAUL, please do not introduce your job search candidates to us, they are tainted goods". These words came through an e-mail from a Hong Kong- based headhunter that works with a top tier international search firm about 18 years ago.
I had written to him to introduce the profile of a job search client of mine whose most recent employer had made his job redundant. By the way, there were no financial obligations involved then - it was simply my way of helping my clients in their efforts to find their next employer.
It has been almost two decades since I was inducted to the world of outplacement support. A Western concept, outplacement is a company-paid benefit that extends beyond what an employer is legally obliged to do when an employee's services are terminated.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
SMEs
Sun rising for Singapore businesses breaking into Japan market
One in three Singapore SMEs expect AI to replace or take over jobs: survey
Fintech KPay aims to triple Singapore merchant base, double local workforce
Singapore SMEs in contractionary mode for fifth straight quarter: OCBC
B2K’s second-generation leaders paw a new path in pet products
Finding a growth vector with digital solutions