March 11 2009 - Following the successful launch of a new career and financial mentoring
service designed to help assist Singapore-based employees affected by pay cuts and layoffs, TMS Asia-Pacific is
actively considering implementing a similar system in its Australian operation.
In what the recruitment specialist's CEO Andrew Chan described as a "timely and very positive response" to the current economic situation, TMS has combined resources with financial advice specialist ipac Asia to offer a raft of career and financial advisory options designed to help assist employees through the current economic crisis.
The concept has been evolved from the highly successful 'StarLife'* career advice, financial and lifestyle mentoring concept launched by both companies and other partners in late 2007.
The new scheme offers additional advice and services in a variety of areas Mr Chan said were particularly pertinent in today's environment.
These range from how to look for and succeed in obtaining a new job, reworking CVs, improving candidates' interview techniques and introductions to potential employers.
The ipac element of the new program revolves around the provision of advice to help those employees facing retrenchment or having been retrenched on how to best manage periods of non-employment.
TMS General Manager Australia & New Zealand Ainslie Hunt said the company was looking at similar programs as a value add to long term registered candidates or clients who have worked with the company throughout their life time career.
Ms Hunt said people facing the possibility of retrenchment or those who have in fact been retrenched need to be pragmatic with regard to their financial survival beyond outplacement.
"These are changing times and we have seen outsourcing evolve beyond traditional outplacement.
"New environments call for new measures and this is an excellent example of how TMS and ipac are constantly evolving their product offerings to reflect changing needs."
* Launched in late 2007, the 'StarLife' model is a 'one stop shop' concept designed to provide candidates with a unique value added proposition combining career, finance and lifestyle elements under the one umbrella.
'StarLife' partners in Singapore also include the high profile retail specialist Club 21.
As part of their involvement, these companies provide advice ranging from salary packaging,
insurance and future planning to the all important 'lifestyle' element - holidays, shopping and fitness.
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