May 21, 2020
Welcome to Best Boss Ever, the podcast dedicated to helping you develop managers who build great teams. In this episode Kris Dunn talks with Patrick Lynch, President of CMP’s Southeast Region, to talk about the current state of outplacement during COVID-19.
1:15: KD intros with the topic of Outplacement and introduces guest, Patrick Lynch (Who insists we call him Pat) who will be our tour guide related to what’s going on in the world of Outplacement.
3:05: Pat tells us about what he does and what CMP does. CMP helps companies and individuals with outplacement and career transitions. They also do about executive search needs, assessments for selection, hire and development as well as executive coaching.
4:34: KD asks Pat: What’s changed in Outplacement in the last few months with COVID? Pat says pre-COVID, outplacement levels were down overall, but despite a skyrocket in unemployment, they haven’t seen the same uptick in outplacement. There are a few reasons for this, being on furlough is a big one and they delve into the details.
8:15: Pat says things are different from 2008/2009 because employee brand is so important. Companies are trying their hardest to avoid layoffs. KD comes in and they talk about the message of hope – are we springing back or entering a recession?
10:45: KD asks Pat about levels of Outplacement Packages. Pat says the programs are based on time periods, level of service and seniority, and helping those in outplacement with access to resources. He says CMP works with people until they’re re-employed.
17:30: Pat gives some career advice during outplacement: Don’t waste your time applying for everything. Instead, ask what are your highest levels of opportunity and focus on those. Pat continues to give tips on the most important steps to take when job hunting.
25:45: Pat and KD go into the details of how some companies are handling COVID outplacement, and how Airbnb’s leaders handled the outplacement with empathy and sincerity.
33:00: KD says, even if you can’t afford Outplacement, call Pat. Pat compares Bryd to Airbnb with their Glassdoor reviews, how you handle the outplacement will matter for your company’s recovery.
37:45: They close it out talking about what’s to come, and what resources are available for the future.