RiseSmart, a career transition service, released a guide showing that more companies are giving severance pay for longer time periods. The 2017 Guide to Severance and Workforce Transition surveyed U.S. employers with at least 500 workers.
The job description of “freelancer” once conjured images of a workplace mercenary, someone hired for a specific task and a specific time. After the work finished, the freelancer moved to the next job. Many millennials view a freelance lifestyle as the ultimate dream. Time freedom and location flexibility are benefits of the freelance role, and many millennials want to be their own boss.
Human resources technology — leveraged by nearly every organization in some capacity — is changing rapidly, thanks to technological advancement in artificial intelligence (AI), semantic matching capabilities, and people analytics. As Josh Bersin noted in Deloitte’s recent Perspective report, the number of organizations using people data to predict business performance has increased by 29 percent from 2015 to 2016.
RiseSmart – Not George Clooney’s Outplacement. The frame of reference most people have for outplacement services is the movie Up in the Air, in which George Clooney’s character crisscrosses the country handing out strategy packets to the newly downsized. I’m happy to assure you this is NOT the future of Outplacement from solution provider RiseSmart, who have spent the last 10 years creating technology to accelerate career transitions, and ironically, humanize the experience...
Sometimes good candidates don’t land the jobs they’re qualified for. As a recruiter, you know it happens for all kinds of reasons, from mismatched cultural expectations to hiring managers who feel threatened by a candidate’s superior credentials. Whatever the reason, it’s inevitably the recruiter’s job to deliver the bad news, which is uncomfortable even in the best of cases. In addition, there’s more pressure around the conversation than simply gathering the will to say: “They’re making an offer to somebody else.” ...
Correlations and Causations: From the “correlation does not equal causation” files, a company called RiseSmart has found that of the two cities playing in the big game, the team whose metropolitan area has the lowest unemployment rate has won 26 of the past 35 Super Bowls. So who has the lower unemployment rate between Atlanta and Boston? As of November 2016, Atlanta’s unemployment rate was 4.8 while Boston’s was 2.4. So yeah, take that for what it’s worth...
Happiness in the workplace is tricky. First, agreeing on a definition of happiness is difficult in itself. Second, the remedy for unhappiness at work is open to much speculation. Does happiness even have a place at work?
One of the things that has been very clear to me over the last decade is that too many CEOs see layoffs as a tool they can aggressively use to meet quarterly numbers and/or spike their stock. They have no real concept that eliminating large numbers of qualified employees is like letting a two-year-old with a drill get rid of the extra weight in a race car. The damage done often exceeds the benefits of a layoff...
For returning employees, the best connections can often be found outside your professional circle, notes Lindsay Witcher of outplacement firm RiseSmart. If you've been a stay-at-home mom, for example, tell your kids' school administrators that you're looking for opportunities. The same goes for meet-ups, mommy-and-me classes, and other social groups...
THE 2017 JOB MARKET is shaping up to be the hottest in years, with employment on track to hit prerecession levels by the spring, according to Brookings Institution projections. That's good news for anyone planning to get back into the workforce after a career hiatus...
Mobility is the new buzzword in HR. The gig economy, a growing Millennial workforce, remote workers, and globalization have all contributed to a change in how companies and employees view the employer/employee relationship. Organizations and HR departments that haven’t found ways to retain talent and leverage the recent trends to their advantage...
In a recent RiseSmart study, we found that recruiters are now focusing more on the candidate experience as a way to protect their brands and to save time and money associated with recruiting. Here are some new trends in recruiting which will make the hiring process more effective and efficient for companies and job seekers...
The gig economy has been on the rise for several years, and many reports point to a continued trend in American workers taking on both side gigs and cobbling together a living from a hodgepodge of short-term work or longer-term contracted jobs...
Even among today's most promising companies, layoffs are inevitable. Money Morning reported a 13% increase in layoffs from 2014 to 2015 due to shifting political priorities, economy instabilities, an increase in mergers and acquisitions, and cyclical hiring and cutting across some industries. Organizations that stand by their employees throughout their entire career lifespan - from hiring and onboarding to layoffs and outplacement - are more likely to attract and retain talented workers...
The holiday season always brings with it a flood of new jobs. This year, for example, U.S. retailers expect to hire a total of 740,000 seasonal workers. But as the name “seasonal worker” implies, these jobs don’t last forever. Come January, many of these temporary employees will be on the hunt again...
Experts at San Jose, Calif.-based RiseSmart, a Randstad company that provides career-transition services, suggest encouraging moves within an organization to keep employees. This can provide the job shift that Millennials may be looking for without the need to change employers...
As a co-founder of the company, I’ve been involved in all aspects of the company from day one. My primary focus areas have been 1) operations, where I led efforts to build a delivery organization that’s flexible enough to address the inherent unpredictability of the outplacement industry, while at the same time producing quality results for our customers, and 2) finance and administration — I built a lean finance, accounting and HR team...
In today’s business environment, layoffs are inevitable. Even in the most promising companies, restructuring and resizing have become a part of normal operating procedures. In 2015, layoffs were up 13 percent from the previous year, due to an increase in mergers and acquisitions, shifting political priorities, economic instabilities, and cyclical hiring and cutting across some industries...
The acquisition is part of a broader Randstad strategy of becoming the leading global player in the outplacement industry. In fact, Randstad’s aggressive move started in 2015 with the acquisition of RiseSmart, a US-based market leader in innovative, technology-driven outplacement services... ...As of completion, which is expected to take place on 31 December 2016, Sageco will be renamed Sageco, a RiseSmart company.
Global staffing provider Randstad announced that it has signed an agreement to acquire a 100% stake in Sageco, a provider of career transitions in Australia and New Zealand. As of completion, which is expected to take place on 31 December 2016, Sageco will be renamed Sageco, a RiseSmart company...
RiseSmart, the leading provider of contemporary career transition services, has appointed Michael Gray as the company’s new vice president of products. In this role, Gray will set and drive the product vision for the company in its pursuit to be the global market leader in career transition services...
There are downsides to a "take this job and shove it" approach, according to search consultant and interview coach Donna Svei. A 2016 survey from RiseSmart, Inc., found that 41% of recruiters "usually" or "always" present unemployed candidates to clients, while 48% "sometimes" do, and 11% "rarely" or "never" do. So, being unemployed could potentially work against you.
Here are seven smart career-building activities to focus on during your time in between gigs... ...Volunteering in your area of interest is a great activity to pursue between jobs, said Marian Valia, another practice development manager at RiseSmart. This could entail working an event hosted by a prominent industry player, or even offering pro-bono consulting.
Across all the industries that staffing giant Robert Half examined, the pay bump a worker can expect by taking a job at a new company is 3.6% in 2017, the firm predicts in its annual salary projection report. But workers with tech, legal, and compliance prowess stand to gain the most, noted the report, released Tuesday.
People are not born entrepreneurs. They normally become one after a problem is presented to them. Some are trying to solve a common issue we face, while some are trying to change the world. Throughout my entrepreneurial journey, one of the most common catalysts I have found for entrepreneurship has been associated with job loss.
According to a recent study by LinkedIn, 59 percent of organizations intend to invest more in employer brand this year than last. But, what exactly are these employers investing in? Find out how to benefit from these savvy tactics.
An unfortunate (and continuing) by-product of the economic instability we’ve been facing is layoffs. And while no company wants to be faced with a layoff, it is prudent to be prepared for one, especially if you want to preserve relations with departing employees, protect your employer brand for future employees, or encourage retained employees to remain at the organization.
Sanjay Sathé, founder and CEO of RiseSmart, a San Jose, Calif.-based company that helps job seekers look for new opportunities, says a job loss can stir up emotions of shock, depression, anger and hostility. The key, he says, is getting to a stage of optimism and renewed energy.
Not all companies offer job search resources to help their laid-off employees move on, but some do, especially because professionals often express interest in assistance following a layoff. A survey by RiseSmart, a career transition company, found that 90 percent of job seekers who were laid off took advantage of outplacement services, such as career coaching and resume support, when provided.
Dawson joins RiseSmart from parent company Randstad, where he most recently served as senior vice president of Global Solutions for Randstad Sourceright’s recruitment process outsourcing (RPO) practice. He holds more than 25 years of experience in sales and human resources-related outsourcing.
RiseSmart, an outplacement firm acquired last year by Randstad Holding nv for $100 million, appointed Ian Dawson as chief sales officer effective today. Dawson will lead the company’s sales efforts and leverage Randstad’s network and global footprint.
Career transition provider RiseSmart found that the team whose metropolitan area boasts the lower unemployment rate has won 74 percent of the past 35 Super Bowls. Based on this correlation, RiseSmart forecasts the Denver Broncos will win this Sunday.
RiseSmart, a “contemporary career transition solutions” firm, says there is a 74% success rate for the theory that the Super Bowl contender based in the metropolitan area with the lower unemployment rate will win the game. The city with lower unemployment than its Super Bowl opponent has supposedly come out victorious in 26 out of the past 35 games.
From clairvoyant camels to prognosticating porcupines, everyone has a wacky way of predicting the Super Bowl winner. Well, here’s a new one. The Broncos will defeat the Panthers because Denver has a lower unemployment rate, according to RiseSmart, a company that specializes in career transitions.
According to RiseSmart... some ideas include off-site gatherings at a fun venue such as an amusement park or a piano bar, renting out a movie theater or attending a sporting event (baseball game or golf tournament).
RiseSmart, a company that offers career transition, coaching, and outplacement services, compiled some statistics of the 2015 employment landscape in the United States and designed them into a visually appealing infographic.
RiseSmart founder, president, and CEO Sanjay Sathe is confident the RiseSmart brand will move forward without missing a beat.
RiseSmart, a hugely successful provider of contemporary career transition services is expanding its team of operations and engineering talent in Pune, India, to support increased customer demand and global growth.
Employees who use social media on behalf of their organizations can help boost business, but if those staffers are disgruntled or angry, they can do more harm than good.
The world’s second-largest staffing firm provided outplacement services before the acquisition, but RiseSmart will be the company’s outplacement provider in the US going forward. Plans call for RiseSmart to operate independently as part of the Randstad Soureright operations. RiseSmart President and CEO Sanjay Sathé will remain, and the business will continue to be based in San Jose, Calif.
The hydrocarbon processing industry (HPI) is facing a daunting challenge in the near future: In the next five to seven years, approximately 50% of the workforce will retire in what many are calling the ‘great crew change.’ As the Baby Boomer generation moves into retirement or less-active roles within the HPI, the next generation of engineers, operators, technicians and skilled workers must step up to continue the pursuit of technological innovations and industry growth...
Recruiting new talent is often more difficult in industries that face dramatic boom and bust cycles, a pain currently felt acutely in the oil and gas industry.
Whatever side of the layoff story you find yourself on — now or in the future, conducting them or avoiding them at all costs — don’t ever lose sight of your employees’ experiences.
Severance packages are typically thought of as a way to make life easier for laid-off employees while protecting the organization’s reputational brand. However, Sanjay Sathe feels they’re doing neither very effectively.
Severance tends to pop up on the public radar either in instances of executive compensation or when a tax or related change in the lawtakes place. Such cases tend to be guided by precedent and existing policy. When it comes to severance as part of company policy for all employees, however, no standard appears to exist.
RiseSmart's Vice President of Finance and Operations, Dan Davenport, was recently featured by his alma mater in The TCU Magazine. The article gives unique insight into Dan's involvement in the founding of RiseSmart as well as what it has taken to make RiseSmart a success.
Great article summing up the massive market opportunity available to RiseSmart and the genesis of our recently launched RiseSmart Compass offering.
Companies with high levels of employee engagement are seeing 20% or greater profitability and productivity, and over 60% less turnover. We're delighted that RiseSmart is singled out in the #hrwins Trend Report as a top innovator poised to deliver on this promise.
Forbes is bullish on our ability to "accelerate the other side of job creation” using cloud and social technology to leverage our keen understanding of the job ecosystem facing employers and job-seekers today. We second that emotion!
We're delighted to announce that we've received our third consecutive Stevie Award in the Most Innovative Company of the Year category in The 11th Annual American Business Awards, the nation's premier business awards program. We thank the whole RiseSmart team for making this honor possible.
RiseSmart survey results underscore a crucial reality of today's job market: social networking can no longer be dismissed as a waste of time or over-hyped phenomenon.
Wish you could predict the winner of the Super Bowl? Maybe now you can! Historically, the team that hails from the city with the lower unemployment rate wins most often.
Once again, we looked at Super Bowl data from the past 20 years and compared it to the unemployment rates of the competing teams’ cities. Read all about our surprising findings in this article.
We analyzed the unemployment rates for the metro areas whose teams played in the past 20 Super Bowls, and found a surprising correlation in the data. The team from the region with the lower unemployment rate won 80 percent of the time. Get the full story in this article.
According to our research, 16 of the past 20 Super Bowls winners came from the city with the lower jobless rate. Read this article for the full story.
Our unique research found that the region with the lower unemployment rate has won 16 of the past 20 Super Bowls, giving our prediction model an 80% success rate. Read the article for more information.
According to our research into Super Bowl results over the past 20 years, the team coming from the geographic area with the lowest unemployment rate wins the Super Bowl 80% of the time.
We've found a really good Super Bowl indicator. Our research shows that the city with the lowest unemployment rate has won the Super Bowl 80 percent of the time over the past 20 years.
According to our study of the past 20 Super Bowls, the team from the city with the lower unemployment rate is going to win 80% of the time.
We did some research into the past 20 Super Bowl outcomes and learned something very interesting. The winner in 80% of the games was the team from the city with the lower unemployment rate.
According to our research into the past 20 years of Super Bowl results, the team coming from the area with the lower unemployment rate will be the winner, 80% of the time.
We did the research, and it turns out that unemployment rates figure prominently in the outcome of Super Bowl games. Over the past 20 years, the winner in 80% of the games was the team from the area with the lower unemployment rate.
We are pleased to announce the completion of a $3 million funding round led by Norwest Venture Partners, Storm Ventures and angel investors. Read the article for additional details.
Read all about it! RiseSmart has completed a $3 million equity financing round raised from existing investors Norwest Venture Partners, Storm Ventures and angel investors!
Read all about it! We have just made two free ROI calculators available to help organizations understand the return on their outplacement investment.
Our newest offering, SmartRedeploy, makes use of powerful matching technology to help companies cut severance and recruitment costs while by helping them retain existing talent and put people into open roles.
Our latest offering, SmartRedeploy, represents the most direct way to accelerate time-to-placement for laid-off workers and time-to-hire for employers. Our solution ensures employers don’t let valuable talent slip out the door due to inefficient information-sharing, which unfortunately happens all too often.
Our job-search technology is now available to job-seekers on the go! Read the article for further information.
RiseSmart's personalized job-search tools are now available to job-seekers on the go via their iPhones. Read the full article for all the details.
Our new mobile app, Transition Concierge To-Go, is here to help job-seekers find work on the go. Read all about it here!
Our new mobile app lets job-seekers look for work easily from their mobile phones. Get the scoop here!
Read all about our new mobile app, Transition Concierge To-Go, which lets job-seekers conduct their job searches on the go!
Read all about the launch of our new product, Recruit Concierge, which helps organizations meet all of their hiring and recruiting needs.
Most employers don’t understand what makes outplacement a truly successful venture. Read on for some expert analysis on the subject from our CEO, Sanjay Sathe.
RiseSmart's new talent acquisition solution, Recruit Concierge, is making headlines. Get the details in this article!
The offerings of traditional providers – such as group counseling and the use of office space – are so outdated that 40 percent of laid-off workers don't bother to show up. Read about how our latest offering, Transition Concierge 3.0, pairs social technology and individual coaching to get people back to work fast.
Here's a great opinion piece putting outplacement into perspective, in light of the industry's portrayal in the new movie "Up in the Air."
Another great perspective on "Up in the Air" from the HR and outplacement perspective, including a few quotes from our CEO, Sanjay Sathe.
This article offers a great review of our progress to date as we begin to tackle the corporate outplacement market.
Here's a nice article with some nuggets from our recent press release announcing our funding round. We're pleased that Affordable Outplacement found it a "juicy read"!
A great recap of our early history as a company that describes how Fortune 500 companies immediately responded to our approach to outplacement.
A great piece about our outplacement strategy. Sanjay's quote says it all: "We have brought innovation to an otherwise stodgy industry that has introduced very few new ideas over the past 20 years."
Here's a great interview with our CEO, Sanjay Sathe, who noted that it's been remarkable to be able to "walk into Fortune 500 companies and win their outplacement business away from longtime, and in some cases deeply entrenched, incumbents. We’ve done it time and again."
Leading HR industry analyst John Sumser wrote this glowing review of RiseSmart. This quote sums it up nicely: "Sharp price differentiation, a results orientation and technology backbone make RiseSmart a company to watch closely over the next couple of years. This is how disintermediation works."
Patrick S. “Pat” Pittard, the former chairman, president and chief executive officer of Heidrick & Struggles International Inc., has joined RiseSmart’s Advisory board. Read on for more info!
We're making headlines all over Silicon Valley with the news of our latest funding round!
Read all about our latest funding round announced today.
Busy news day! More coverage of our $4.6M funding round.
Great coverage of our recent $4.6 million funding round.
Here's more coverage of our funding round. We look forward to providing "cost effective and tech savvy alternates to existing services" for a long time to come!
Interesting statistic from this article: "Executives estimate about 40% of workers offered outplacement services don't show up." Fortunately, we're delighting the employees who come to us.
Great profile of RiseSmart's Transition Concierge solution. Nice to be singled out for our efforts to help laid-off workers beat the recession!
Nice piece about the current state of outplacement, featuring RiseSmart and our CEO, Sanjay Sathe...who had this to say: "We believe RiseSmart Transition Concierge is a classic example of disruptive innovation, and we expect nothing less than to turn the current, bloated corporate outplacement market on its head." Rock on!
Nice coverage from BusinessWeek! We loved this assessment from Steve Hamm, Senior Writer, BusinessWeek: "The business model makes a lot of sense, and executives at ACS and Tenant sing RiseSmart's praises. Now it's ramp-up time. And, man, does RiseSmart have a lot of potential business on its plate..." W00t!
Read the transcript of this exclusive interview with our CEO, Sanjay Sathe, about RiseSmart's approach to outplacement.