Re-employment solution helps separated employees get back to work faster while helping reduce unemployment costs for employers
ATLANTE, September 13, 2022 /PRNewswire/ — Today, Equifax® (NYSE: EFX) announced the launch of Reemployment Services to help separated employees return to work faster and reduce unemployment costs for employers, helping to reduce stress for employees and employers. Equifax Workforce Solutions is the first unemployment benefit management service provider to offer reintegration solutions to employer clients.
According to the United States Bureau of Labor Statistics (BLS), on average individuals need 22 weeks to find their next job, which can often threaten employees’ financial security and leave the employer with additional costs associated with unemployment benefits, loss of community goodwill and labor disputes. By taking advantage of Equifax’s reemployment services, employers can help boost employee morale, provide a more positive exit experience, and help mitigate the costs associated with unemployment benefits.
“Today’s savvy employers increasingly understand the importance of providing a positive employee experience that begins with onboarding and continues throughout offshoring. It’s not only good for business, it’s the ‘right’ thing to do,” said Scott Maxfield, Vice President. and General Manager of Offshoring Solutions at Equifax Workforce Solutions. “Our new re-employment services take our current post-employment offerings one step further, going beyond the traditional relocation process to help prepare transitioning employees for future success. Not only can employers use it to help manage unemployment costs, but also to help protect brand and market reputation.”
Re-employment services offer multiple options for employers. Two of the main service offerings include one-on-one proactive career coaching, which aims to help job seekers and meet them where they are, and a re-employment training platform, equipped with strong job search capabilities. job, including a simulated video interview tool. , a personality profile, a step-by-step resume builder, and detailed progress reports.
Equifax Workforce Solutions provides employers with services to support the full employee lifecycle: from pre-employment to active employment to post-employment. In the post-employment space, this service offering includes Management of unemployment costs services, the recent launch Relocation Forms Solutionand the new re-employment services, which will be available to customers from the fourth quarter of 2022.
At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics and technology company, we play a vital role in the global economy by helping financial institutions, businesses, employers and government agencies make critical decisions with greater trust. Our unique blend of differentiated data, analytics and cloud technology generates insights to support decisions to move people forward. Based at Atlanta and supported by more than 13,000 employees worldwide, Equifax operates or has investments in 25 countries in North Americacentral and South America, Europeand the Asia Pacific Region. For more information, visit Equifax.com.
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Daniel Jenkins for Equifax Workforce Solutions
SOURCE Equifax Inc.