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Socially responsible restructuring
                                                          Effective strategies for supporting redundant workers




                         after an employee has left the transfer company, no matter whether he has
                         found a job or not;
                     (b)  peer group meetings bring together a group of colleagues with  the  same
                         occupational and qualification background. This allows assessment  of
                         individual progress in finding a new job and developing personal networks;
                     (c)  job application training and assistance with job search are also organised;
                     (d)  advice, counselling and training on business start-up were supported
                         through  specifically  developed  software. There was high demand for this
                         service, probably reflecting the relatively high qualification of the workforce;
                     (e)  in job fairs, potential employers were contacted actively and presented with
                         the transfer company members’ profiles;
                     (f)  internships  enabled soon-to-be redundant workers to get to know
                         prospective employers;
                     (g)  qualification  measures covered mainly key competences and foreign
                         languages, since formal education levels were already relatively high.
                        Cooperation with the local labour agency  (PES)  was  close,  especially  in
                     placement  activities  and job fairs. While collaboration was defined as fruitful,
                     interviewees were critical about the efficiency of  placement  services  by  PES,
                     failing to suggest suitable job vacancies. An exception was the public placement
                     agency  for  executive  positions, located at Frankfurt, which produced a higher
                     number of successful reintegration cases.
                        Qualification  measures were carried out by external educational institutions
                     contracted by Train. Since Train’s mother company is an educational institution
                     itself, it has sound experience in the selection of these external partners.
                        Business start-up counselling and training was carried out with the assistance
                     of the University of Ulm, which developed  a  pedagogical  software  for  the
                     courses. This accompanies every step in the preparation process, until the actual
                     start of own business.
                        ESF support through the Federal Labour Agency (ESF-BA) was comparatively
                     low, because most qualification measures needed by the participants were not
                     eligible for this kind of support. ESF funding through the  Bavarian  State  was
                     higher (exceeding EUR 1 000 000). Considerably more important were the funds
                     from  the  European  Globalisation Fund (EGF). These supports helped finance
                     continued counselling for up to five months after employees left the transfer
                     company, aw well as the peer group activities.
                        Although the EGF contributions were very  important,  administrative
                     procedures associated with it were judged too heavy. Application for funding is
                     very labour-intensive, decisions on granting support take too much time, and the
                     preparation and follow-up work of the restructuring process is not financed.








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