Redeployment strategies are an effective way for a company to retain employees. Your employees are undoubtedly one of the most valuable assets your business has, so keeping hold of them is one of the best methods to improve your long-term success. Additionally, recruiting and hiring external candidates is an expensive and time-consuming procedure.
Therefore, it is a good idea to develop a strategy of creating new roles in your business and offering them to your employees if their job is under threat of redundancy.
What is Redeployment?
Redeployment is when a company moves an employee from one role to another internally. The jobs do not necessarily need to be similar and can entail different duties, pay or seniority. Such a strategy can help a company to move talent between areas in their organisation. This is a valuable method for filling vacancies when a department of your business is expanding or when you need to reduce staff numbers in others.
Using redeployment allows companies to retain their talented staff and can reduce the costs associated with recruitment. However, it isn’t solely a cost-saving endeavour. In fact, well-implemented redeployment strategies can have a host of additional benefits for companies.
Of course, lowering costs is an important part of any redeployment strategy. Often, your company will find itself in a period of change or need to downscale areas as others grow. In this case, some employees may face redundancy. Alongside hiring new staff, this can pose a high cost to businesses. Having a redeployment strategy can reduce these expenditures and contribute to the long-term success of an organisation.
Employee – Employer Relations
Redeployment can also improve relationships in your company. Supporting your employees to transition in their careers can build their trust in the business as an employer. It demonstrates that you recognise their value as a part of the organisation and improves their sense of security in their role. Ultimately, this can boost staff loyalty, productivity and retention.
Finding roles for employees within the company also contributes to the culture within a business. Developing a positive culture within your organisation is pivotal for its success. This contributes to productivity and helps employees to work together towards a cohesive company goal. Redeployment allows for a fluid and adaptable culture, which can be vital for a business as it grows and situations change.
When an employee is being made redundant, it is perfectly natural for them to feel resentment towards a business. Disgruntled ex-employees might use platforms like Glassdoor to complain about your company, which can harm your overall brand. Using redeployment strategies, you can reduce the number of redundancies in your business and, therefore, protect your brand.
In summary, redeployment can be a valuable tool for any business that needs to restructure. Whether it’s due to growth in some departments or a need to downscale operations, redeployment can save money and enhance trust and relationships within your organisation.