Air-Canada Case Study

ABSTRACT

Air-Canada -Proposal

As an external independent Career Consultant by the International career counseling firm or Whitney, Wakefield, Thomas & Associates, have prepared the following lay off plan for Middle Managers and early retirement package plan for older employees

A. Layoff Plan for Middle Managers:

280 middle managers have already been determined based on needs of the company.
Career Counseling that will incorporate personal counseling to help deal with the emotional turbulence. This will also include exploration of the person's strengths, knowledge and skills.
Contract with outside agency for outplacement assistance, including re-writing resume, using technology in a job search, determining what type job to apply for, exploring different industries where skills would be applicable, and help finding a new job.
Severance package equal to one month's salary for each year worked at the company.

B. Early Retirement Package Plan for older employees:

Group meetings and written material to explain what the package will provide and what the package will not provide.
Criteria: Age 55 with 20 years with the company; 30 years with the company regardless of age.
One month's salary for each year's worked at company as an incentive.
Normal retirement benefits.
Career Counseling for those who want to keep working in another occupation or business.
To be offered to all employees.
The objectives of this plan are to successfully help the members of each group to make the transition. In achieving such an objective, the criterion for success will be each employee accessing the career counseling and development program components. Each group faces different obstacles in finding a new job and each faces any number of psychological challenges. If someone is retiring early or being laid off is like death, it marks the end of an era or phase in the employee's life.

Information and justification for these proposals are included on the following pages. Examples of different plans are discussed along with commonly-used criteria and content of these plans.