According to Manpower, in the context of strong economic fluctuations as at present, many businesses in Vietnam are facing the need to streamline their human resources to adapt.
Not only do workers fall into a state of insecurity, but companies themselves also need to find ways to support them in a humane and effective career change.
Out-of-house career conversion services are becoming a popular solution, helping to protect brand image, while maintaining internal cohesion.
Career conversion service, also known as outplacement, is a human resource solution. Typically lasting from 1 to 12 months, this service includes sessions with instructions from experts, updated necessary skills, job market analysis and personal profile building.
In Vietnam, where the labor market is strongly shifting to the technology and service sectors, this service has shown its practical benefits for businesses.
Manpower also highlights the benefits of career conversion services.
Supporting employees through the transition period: When the company cuts down on personnel, employees not only lose their jobs and income but also lose their familiar pace of life and sense of safety. Worrying about finding a new job and stabilizing income can greatly affect the mental health of workers.
When using career conversion services, employees will be advised by experts on the steps to self-evaluate their own experience and achievements; make new career options suitable for existing skills; consolidate necessary skills such as creating CVs, creating relationships at the workplace...
For businesses, the benefits Manpower points out include:
Building and protecting the image of a business: How to handle human resource breakups can directly affect the reputation of an organization. A professional career change program will demonstrate the concern of leaders and help reduce negative emotions from former employees.
Maintain the spirit and cohesion of internal personnel: Cutting staff often creates a worried mentality for those who stay, leading to reduced productivity and increased severance pay. However, when applying career conversion services, employees feel the company's attention and support.
Manpower gives notes that businesses need to pay attention to when converting careers. To achieve the best results, businesses need to prepare carefully, clearly identify their needs before finding and selecting a suitable service provider.
