RiseSmart is a leading provider of next-generation outplacement solutions – offering talent management services for a wide range of corporate clients, from emerging growth companies to Fortune 500 corporations. The company leverages a proprietary platform, proven methodologies and one-on-one support to drive performance and value in helping displaced employees find work twice as fast as the national average. RiseSmart’s Transition Concierge® and Redeployment Concierge help employers with their workforce strategy and displaced employees with their career strategy.
RiseSmart’s proven cloud-based technology has disrupted the outplacement industry. Unfortunately, traditional outplacement firms have not kept pace with advances in technology and changes in work styles – leading to increased dissatisfaction among both corporations and job seekers. RiseSmart’s approach differs radically from those of traditional outplacement solutions, skipping the offers of office space and career workshops for transitioning workers. RiseSmart’s flagship outplacement solution, Transition Concierge, blends unlimited career coaching with a job matching technology that matches jobseekers with open positions connected to their network. RiseSmart places individuals in new positions 59 percent faster than the national average.
Providing companies with a next-generation, cloud-based outplacement solution, overhead costs are kept to a minimum, unlike traditional firms, further enabling RiseSmart to help displaced employees find jobs faster at an affordable price for the employer. Simultaneously, RiseSmart helps drive significant ROI by reducing unemployment insurance taxes and severance costs, helping to protect the employer brand and improving overall employee engagement. James Holincheck, Research Vice President, HCM Systems, at Gartner stated, “[With] cloud-based delivery, employers have the opportunity to accelerate time to job for their transitioning workers while reducing outplacement program costs.”
For corporations experiencing job reductions, RiseSmart’s outplacement and inplacement solutions, Transition Concierge and Redeployment Concierge respectably, offer a dynamic new model for transition services. Transition Concierge dispenses with traditional `soft` services – costly to employers, and of relatively low value to employees – in favor of aggressively helping workers find a new job.
RiseSmart’s vision grew from specific observations about the limitations of existing transition management services. For example, most employees today don’t want psychology-based counseling sessions after a layoff; they simply want to find a new job as quickly as possible. Additionally, in a country where telecommuting will rise to include 43 percent of the US workforce (63 million), workers have little interest in setting up shop in an outplacement provider’s Grade A office space to conduct their job search. Rather than looking out the window of a temporary glass office – which remains one of the big perks sold by major outplacement providers – they’d rather be at home (or at Starbucks) networking online on their laptops.
The great majority of today’s workers want one thing above all others from outplacement: a new job. RiseSmart’s cloud-based technology offers multiple avenues to get displaced workers into new positions in half the time. In addition to industry-leading job aggregation, matching and semantics, job seekers are delivered new, personalized job leads twice per week. These jobs are carefully selected based on the employee’s background and job search preferences, ensuring that the leads delivered are exactly what the employee is looking for in their career search.
The Transition Concierge application is also integrated with major social networks, another key differentiator, providing participants with the ability to leverage their social network connections in their job search. All relevant jobs presented to each Transition Concierge participant are connected to a variety of social networks, enabling them to clearly see and find those in their current network who are currently employed with the company of that particular job posting. This capability helps individuals further their networking capabilities and job search by asking someone they already know for an introduction into the company.
Putting people back to work faster lines up well with the business and financial priorities of employers, whose hard benefits are largely achieved by accelerating time-to-job. The RiseSmart platform provides complete transparency into all aspects of an organization’s transition program. Customers are allowed access to on-demand program metrics where they can check employee engagement, registration numbers and time-to-job, and they can review the data at aggregate levels, by division, or check on individual employees. With these real-time metrics employers have the opportunity to not only see first-hand their ROI but also understand the value of how RiseSmart can be seen as a benefit – that increases employee engagement and improves the employer’s brand – instead of just an outplacement provider.