HDA

HDA SOCIAL

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HDA OVERVIEW
HDA Case Studies

Merger and Career Transition / Outplacement Support – Financial Services

 

Background

An acquisitive financial services organisation with multi-billion pound turnover acquired another financial services organisation. A direct outcome of this acquisition was the decision to close the Head Office of the acquired business.  HDA was commissioned to support those directly affected by the restructuring, via the provision of outplacement, career consultancy and retirement support.  Approximately 70 staff at all levels were affected.

HDA Project

The key measures of success for the Head Office closure were:

• to maintain productivity and retain those staff members critical to the success of the merger
• while also providing suitable support to those leaving the organisation.

HDA’s support was focused on individuals’ specific needs within the limits of their support programme, (i.e. focused on re-employment, self-employment and start-up assistance, retirement, or career change) and included elements such as 1:1 consultancy with a dedicated career consultant; an online resource centre, practice interviews, psychometric assessment, access to HDA Online and also group events, including a Job Search Workshop.

In addition, an Onsite Career Transition Resource Centre was set up, to provide staff members with guidance and support on a daily basis.

HDA added value to the entire process by developing a flexible approach to ensuring each individual’s needs would be met as effectively as possible. The HDA project managers also liaised closely with the acquired organisation’s training team to ensure a seamless approach to the support.

HDA Career Consultants were paired with individual staff members to ensure that the best possible match, in terms of providing effective support, was achieved.  This was recognised and valued by the organisation.

Outcomes

HDA’s involvement in the process enhanced the ease with which the restructuring took place. 

Employees were successfully supported through the transition process and into the next phase in their careers. 

 

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For further information: call 08452 60 95 40 or email info@hda.co.uk

To discuss potential HDA contributions, please contact us at email: info@hda.co.uk