UHY Advisors SALT, LLC provides a unique coordination service for multi-state companies that have the unfortunate task of downsizing their workforce.
TAPPING INTO GOVERNMENT FUNDING SOURCES
Did you know that services such as career counseling, resume preparation, interviewing skills workshops, job search and more can be provided to your workers from government funding sources? The federal government’s Rapid Response Program will provide resources and services customized for the needs of your workers and company, getting people back to work as soon as possible while minimizing disruptions. In many cases, the Rapid Response Program will seek bids from the same outplacement firms you would hire to provide these services. In fact, blended services with your outplacement firm can be achieved, with clear delineation of duties, to work seamlessly in multiple locations across the nation.
SERVICES THAT CAN SAVE TIME & MONEY
How can UHY Advisors help? We assist you in negotiating the customized services that you need and want to offer to your workforce. Some of the many benefits above and beyond what a private outplacement firm provides include:
- On-site services (if desired)
- Providing a means of maintaining an income (unemployment insurance)
- Information on health insurance options
- Access to skills upgrading and training resources
The fact that the services do not stop until the worker finds employment increases the satisfaction the affected worker has with the transition process. Our insights into understanding the parameters of applying for these types of funds and services, together with our success in obtaining them, enhances your company’s ability to achieve the greatest benefits of government funding.
Local services that may be available to you include:
- Use of computers, telephones, and fax machines for your employee’s job search
- Financial planning and stress management workshops
- Financial support for training
- Income support if your jobs were lost due to foreign trade
- Special services for veterans and adults with disabilities
COST SAVINGS ARE SIGNIFICANT
The bottom line is that these coordinated services can provide the same benefits to your employees for a fraction of the cost of contracting them to an outplacement firm exclusively. For example, if you must layoff 1,000 employees, and you have $1,000 budgeted for each worker for outplacement services for a private firm, your cost would go from $1 million to only a fraction of the cost from UHY Advisors’ consulting services to assist with Rapid Response. Even if your contingency plans are currently in the developmental stage, our services can be incorporated to supplement or enhance what is required for successful transition of your employees.
UHY ADVISORS CAN NAVIGATE THROUGH THE SYSTEMS
Services, resources and benefits vary from state to state, so the knowledge UHY Advisors has of the Rapid Response system and eligible expenditures can save you time, energy and money. We know what to ask and from whom to ask it, allowing you to concentrate on the business of doing business during this transition.
For more information about Rapid Response Outplacement Coordination, contact Beth Runfola, National Director of Client Solutions, at brunfola@uhy-us.com, or call 404-395-7890.