Laid-Off Workers Find New Jobs Twice as Fast with RiseSmart‘s Transition Concierge™, Study Shows

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Next-generation outplacement solution slashes average duration of unemployment from 35 weeks to 18 weeks, benefiting workers and employers.

Sanjay Sathe, RiseSmart founder and CEO, says Transition Concierge has made a difference in people's lives.

In this difficult economy, RiseSmart’s Transition Concierge has been a lifeline for thousands of Americans, guiding them from one job to the next.

RiseSmart, a leading provider of next-generation outplacement and recruitment process outsourcing solutions, said today that its Transition Concierge™ outplacement solution is placing laid-off workers in new jobs twice as fast as the national average, according to June 2010 data.

Workers in the Transition Concierge program find new employment in an average of 18 weeks, or approximately four months, the latest RiseSmart survey data shows. According to the Bureau of Labor Statistics, the seasonally adjusted average duration of unemployment in June was 35 weeks.

“In this difficult economy, RiseSmart’s Transition Concierge has been a lifeline for thousands of Americans, guiding them from one job to the next,” said Sanjay Sathe, founder and CEO of RiseSmart. “By helping individuals find new jobs faster, we have brought relief to those who might otherwise have missed a mortgage payment, been forced to tap their 401(k), or suffered other financial hardships.”

Transition Concierge leverages technology, together with one-on-one support, to optimize time-to-placement. Powered by proprietary aggregation and semantic search tools, the virtual solution delivers highly personalized job leads to each employee on a weekly basis. Employees have access to one-on-one assistance during every step of the job-finding process.

Transition Concierge’s success runs counter to national trends. Of the 15 million Americans currently unemployed, more than 7 million have been out of work for more than six months, and nearly 5 million for an entire year. In the past year alone, the percentage of unemployed workers who have been jobless for six months or more has doubled.

“These statistics show that Transition Concierge matters -- for employees as well as employers,” Sathe said. “Employees never forget an employer who helped them get back on their feet after a layoff. And employers achieve the quantifiable benefits of reduced unemployment taxes and severance costs in return for their investment.”

About RiseSmart
RiseSmart provides next-generation outplacement and recruitment process outsourcing solutions. The company leverages a common technology platform, proven methodologies, and one-on-one support to help employers with their workforce strategy, and displaced employees with their career strategy. RiseSmart drives significant ROI to organizations by offering affordable pricing, reducing severance costs and unemployment taxes for outplacement services and reducing cycle time and cost of hire for recruiting services. For more information, visit http://www.RiseSmart.com.

Contacts:    Scott Baradell
RiseSmart
972.235.3439        
http://www.RiseSmart.com

RiseSmart, the RiseSmart logo, Transition Concierge, Recruit Concierge, Talent Assurance, Job Assurance, SmartConsult, and Transitioning Talent. Changing Lives. are trademarks of RiseSmart, Inc. All other trademarks are the property of their respective owners.                

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Scott Baradell
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