Major UK Insurance Company

A major insurance company underwent a significant market change leading to an ongoing restructuring programme across a global scale.

Background:  A major insurance company underwent a significant market change leading to an ongoing restructuring programme across a global scale.

Support: Working Transitions focused on the ability to make sure the transition was smooth for all the employees involved. This support was delivered to 3 objectives

  • Affected personnel at all levels included senior executives, specialists, middle managers and administrators will receive thorough support through the transition 

  • Key objective to retain motivated and most talented people whilst protecting established reputation as an employer of choice

  • All services delivered seamlessly under an internal brand that managed all resourcing and career requirements of leavers and stayers.

Outcome: 

  • 600 individuals successfully redeployed £2.4m in avoided redundancy and recruitment costs

  • 93% of leavers settled during their programme period

  • 99% positive feedback from individuals re quality, effectiveness and value

  • 100% contract compliance resulting in a further 2 year contract extension

  • Consistently excellent feedback from unions and senior management

Feedback:

A superb result which exceeded our expectations at every stage” - HR Director

 


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