RiseSmart, Inc., in San Jose, California won a Stevie Award for Most Innovative Company of the Year in The 2011 American Business Awards, the leading business awards program in the U.S.A.. (Entries to The 2012 American Business Awards are now being accepted. Get your entry kit.) See how RiseSmart stands out from the competition.
 What are outplacement services and why do they matter?
Outplacement services are a series of services offered to employees by employers when employment setbacks occur. Traditionally, outplacement services have been inherently low-tech, simply assisting companies with downsizing events and providing office space, grief counseling, and on-site group seminars to laid-off workers. As the U.S. unemployment rate rose between 2008 and 2010, the inefficiencies of traditional outplacement services became apparent.
In a 2009 front-page story, “Outplacement Firms Struggle to Do Job,” The Wall Street Journal reported that traditional outplacement support packages “offer little value” to workers and leave many feeling dissatisfied. With home computer access now so common, workers have little interest in setting up shop in an outplacement provider’s office space to conduct their job search.
RiseSmart has brought a new approach to the $3 billion industry by revolutionizing outplacement services through a combination of traditional services and use of technology. Through these new strategies, RiseSmart can aggressively focus on helping employees get what they need most: a new job.
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The final day for submitting entries to the