Greetings!

We are happy to announce that we have officially moved into NEW Office Space on the Second Floor of our Building at 992 High Ridge Road in Stamford, CT.

Some highlights to share:

• The new space is more than two (2) times the size of our current suite.
• The Conference Room is large enough to also function as an on-site training room seating 10 - 15 people.
• We will have 2 - 4 desk locations for visiting Consultants to use when needed, readily accessible with telephones, computers and printers.

- David

A recent survey revealed that 46% of Executives believe that Technological advancements will be the key influence shaping how business is conducted in the next five years. Other trends that will have the most significant impact on the way companies conduct business are as follows:

• International business expansion (23%)
• Multiple generations in the workforce (16%)
• Increased employee diversity (12%)

A recent study indicated that an extended absence from work doesn't necessarily put you at a disadvantage. 45% of those workers who returned to the workforce in the last 12 months after taking at least one year off said they found a job in one to six months. Reasons cited for taking an extended leave were as follows:

• Medical reasons (17%)
• To raise a family (15%)
• To relax and enjoy life (13%)
• To continue education (9%)
• To move to a new location (9%)

Because we want to best serve our readers, we feature a segment of our Newsletter where you can submit questions directly to our OperationsInc professionals. Do you have a question related to the management of the Human Resources function? Email it along to enewsletter@operationsinc.com. The best ones will make it into a future newsletter, along with the answer... and those that don't get published will still receive a response.

This week's question:
"What are the benefits of offering outplacement services to employees that are terminated as part of a reduction in force?"

--- CEO - Hedge Fund

Answer:
Outplacement can offer up a variety of benefits with the most basic being that you are assisting your departing workforce in their effort to secure further employment. That gesture can then positively impact your firm in that you could reduce the time someone is on salary continuation and/or receiving unemployment benefits. It also may help pave the way for securing an executed separation agreement (if one is employed) by its inclusion in the package. Lastly it actually can help in recruiting and retention since the employee population is more likely to stay on during an uncertain period knowing that if they lose their job a softer landing would await.

"An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage."

- Jack Welch

Information provided in The OperationsInc Navigator is researched and reviewed by the HR experts at OperationsInc. The information in every issue of The OperationsInc Navigator is in part gathered via information available in the public domain, as well as in part the original, copyrighted work of OperationsInc and is protected under U.S. copyright laws. As such, you may not reprint or publish in any format any article or portion of article The OperationsInc Navigator without the express permission of OperationsInc.

OperationsInc provides the information in this e- newsletter for general guidance only. The information provided herein should not be used as a substitute for consultation with professional human resources, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation.

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