Coping with the pink-slip phase

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: is being retrenched because of an economic downturn should be convinced that all options were exhausted before the management resorted to this measure.

Experts believe constant communication by HR managers is vital in such times. And the best managers are those whose employees are not completely taken by surprise by such an announcement.

However, layoffs are still a comparatively tough job in India; employees get anxious and reactive, which is not the case in the US, where employees digest and assimilate the news before taking any further decision. But this could be because, in India, a support system for the retrenched individuals is totally absent.

Says Monisha Advani, managing director, Emmay HR, “Outplacement is a serious business in markets like the UK where companies are very conscious of both their responsibility towards employees being made redundant as well as their own reputation. Outplacement cells on companies’ premises, assessment centres to allow a fresh calibration of the individual’s competencies, occupational therapists and psycho-analysts to help impacted personnel to cope with the change all feature as part of the support system provided by companies conducting retrenchments.”