A Solution for Retaining Key Talent and Minimizing Risk
Workforce transitions put companies at risk. Whether part of a major restructuring event or a small reorganization, organizational change introduces uncertainty, slowdowns in productivity, loss of key employees, separation costs and potential litigation. A system to manage the processes associated with organizational change can mitigate this risk by reducing errors, enabling informed decisions, providing an audit trail and more.
Figure 1: Transition Manager streamlines the processes
associated with workforce separation events.
Transition Manager is ideal for organizational events including:
- Mergers and Acquisitions
- Voluntary Events (Early Retirement, Alumni)
- Outsourcing and Offshoring
- Ongoing Separations and Offboarding
Managing Organizational Change
Transition Manager, from the developers of OrgPlus, is designed specifically to help CXO and HR executives manage workforce separation and retention events in a timely and cost effective way. The solution enables employers to respond effectively to the changing economic climate, making fact based workforce decisions and positioning the company for future strength.
Decision Screen
Transition Manager enables faster, more effective and auditable decisions around retaining, integrating, redeploying or separating employees. The web-based solution provides HR, legal and management teams with tools to:
- Define workforce separation events and populations Assess eligibility of each employee in the effected groups to save time and avoid errors
- Make fact-based decisions and enable line management to provide input to decision-making process Model "what if" scenarios to understand actual and projected costs
- Process the transactions associated with workforce separations
- Provide self-service portals to efficiently and accurately communicate program details
- Audit process and report on results
Strengthening the Organization for Survival Using Transition Manager to facilitate workforce change events instead of yellow pads and Excel spreadsheets saves countless administrative hours and protects the organization from legal risks. Typically, a three week reduction in decision and processing time saves $3,000 per separated employee ($1,000/week). The avoidance of a single legal claim can save millions of dollars.
Active Impact Report
For large organizations facing separations of tens to tens of thousands of employees, Transition Manager provides: consistency and transparency, risk management and compliance, restructuring efficiency, key talent retention, auditability and measurement. Making sure that the difficult process of separating employees is performed in a controlled and informed manner helps build a stronger foundation for the future organization.
Notification Letter
Core Transition Manager Features
Transition Manager enables assessors to consider performance, seniority, tenure, special skills and other complex factors to make the most informed, defensible decisions. The solution's features include:
- Standardized processes to identify and retain key talent
- Workflow management to deploy multi-event separations over time
- Generation of customized separation packages for each employee (based on parameters such as location, employee type, years of service, etc.)
- Voluntary separation program support that allows companies to easily identify an initial round of candidates
- Self service portal that reduces administrative costs and allows employees to select the package most appropriate for their situation
- Dashboards and reports to ensure that separation goals are met and that there are no unintended consequences (e.g. balancing gender and/or ethnicity ratios)
Figure 2: Transition Manager extracts employee information from core HRIS systems
then submits event results to update systems.