Answered: What is Redeployment?
Redeployment is like musical chairs for employees: when a company shifts someone to a new role to prevent layoffs. Usually, the new gig is similar to the old one and pays the same, but not always.
What is Redeployment?
Redeployment refers to the process wherein an employer transfers an employee from one position to another within the same organization. This shift typically occurs to optimize workforce utilization, accommodate changes in business needs, or avoid layoffs due to redundancy. The new role may be similar or different from the previous one, depending on organizational requirements, and may involve adjustments in responsibilities, location, or compensation.
Redeployment is like a game of musical chairs in the workplace: it's when a company moves employees to new roles to avoid layoffs. Typically, the new position mirrors the old one in responsibilities and pay, but exceptions exist. Here's a startling stat: doubling your redeployment rate can boost revenue by 20%! Just think about the impact a 20% revenue increase could have on your firm's growth. (source: sensehq.com)
How do Staffing Agencies Implement Redeployment?
Redeployment is the shift of an employee from one role to another. While the roles will typically be similar to each other, this is not always the case and depends on the organization.
If you have a top talent placement coming to a close in their current position, make a plan for where you could place them next according to your current open recs. At this point, you’ve already screened and qualified them and know that they are a hireable candidate. Redeploying them into a new position will save you time, money, and energy in sourcing and qualifying a solid candidate.
In the case of redundancy, to avoid a possible accusation of unfair dismissal, be sure that the role you offer makes sense as a replacement for the redundant role. This is yet another example of why it’s so important to check in with your staff and maintain an open line of communication.
How does redeployment benefit my staffing firm?
1. Cut your costs
You can rely less on job boards with an effective redeployment strategy. Job boards are expensive, and sourcing from your existing candidate who has proven heritability will save money over time. Redeployment reduces the costs of your entire recruiting on onboarding process.
2. Improve brand reputation
By improving your employee engagement, you are likely to improve your overall reputation as a staffing agency that cares for its candidates. Continue to nurture your long-term success by fostering a dynamic and proactive workforce and talent pool. It demonstrates commitment, boosts employee morale, and can lead to excellent referrals.
3. Retain your top talent
A dead giveaway of a great employee retention strategy is one that keeps your top talent in your organization. It takes a lot of time, effort, and money to source hireable talent like this. After that time and energy, you don’t want to let a good one go!
Redeployment isn’t a term we typically hear about in the staffing industry, and it’s because less than 5% of staffing agencies actually implement it. Implementing this strategy gives your staffing firm an edge in an ever-increasingly competitive job market. Get the latest staffing insights delivered to your inbox weekly! Sign up here: MadInsights!
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