A Innovative Employee Job Protection Scheme

In these times of layoffs combined with recession, no one is sure how to tackle a job loss situation. There should be mechanism like a protective net to hold the people going down before they hit the bottom. Nobody knows when the recession will end. Every financial expert is giving his/her own timeline. But, whatever be the timeline, having a protection mechanism in these turbulent times definitely reduces tension for the laid off people. Read on while this article explore different protection mechanisms.

Usually, the laid off person will be given 1-3 months salary depending upon the company policies. If the person gets a new job within these 3 months, then there will be no problem. However, due to some or other problems, if the person could not bag a job, then one can sense trouble. However, the existing protection mechanism can definitely help people up to certain extent. Moreover, there is no other alternative for this.

This article comes up with an innovative idea relating to a new protection mechanism, which neither tax companies financially nor leave employees in wild after they were laid off. The new protection mechanism (net) is something like this. All the companies and the executive search firms have to come together and accept to create place for a new category called RESERVED JOB STATUS in their recruitment process. RESERVED JOB STATUS is a recruitment process status where an employee reserves a job for him/her incase if s/he gets laid off within the next 5 months.

Keeping the recession factor in view, companies, which feel that they cannot hold the employees any longer, should come out open and allow the employees to search for jobs in other companies. Nevertheless, at the same time, there are companies, which want to recruit new employees. Executive search firms have a major role to play in this kind of situation. These firms should hold talks with the recruiting companies and create a RESERVED JOB status mechanism in the recruitment process of new companies. Companies, which are on the edge to close down, should allow their employees to openly try for a new job in some other different company. Once the employee gets through the interview and clears all the tests, the recruiting company will keep his /her candidature in RESERVED status.

Once the present company lays off the employee, s/he collect all the emoluments and related documents without any tension and joins in his/her new RESERVED job with the new company.

To implement this kind of mechanism, companies should come forward keeping the employees future in mind. Every employee should be allowed to avail this RESERVED JOB mechanism. Since there is no insurance mechanism, which gives maintenance money after the employee looses his/her job, the RESERVED JOB mechanism can be seen as insurance for the employee in immediate future.

This article wants to know your valuable opinions and criticisms on this RESERVED JOB mechanism.