May - 2013 - issue > siTech10 2013

RiseSmart: Bringing America Back to Work

Rachita Sharma
Sunday, May 5, 2013
Rachita Sharma
The average length of unemployment is six months, according to the U.S. Bureau of Labor Statistics. Not only is this timeframe a harrowing experience for the unemployed, but it also negatively impacts the employer that is paying significant unemployment insurance taxes and other unemployment-related expenses. The longer laid-off employees remain unemployed, the tougher it becomes for them and their former companies. Layoffs also adversely affect the corporation's brand if conducted incorrectly or without proper planning.
Sanjay Sathe, Founder and CEO of RiseSmart, saw a huge opportunity to address this issue by creating a results-oriented outplacement solution that focuses on the desired outcome: putting displaced employees in their next jobs fast. Having personally gone through the tedious process of finding new employment, he was familiar with the frustrations of a traditional job search. Sathe connected the dots and came up with a revolutionary outplacement solution, Transtion Concierge, that makes life much easier for the American job seeker.

Founded in 2006, RiseSmart is putting America back to work with Transition Concierge. Successfully providing corporate outplacement solutions during workforce reductions, the company stays ahead in its segment through its proprietary technology platform that combines the benefits of a social network and a job search portal. Transition Concierge leverages technology paired with one-on-one support to help laid-off workers find new jobs fast. Transition Concierge has earned industry praise for changing the way companies manage and measure their employee transition programs.
"We leverage social media in an extremely positive way, and it actually impacts individuals by helping get them back to work faster," says Sathe. "At the same time we help corporates looking to hire talent. With us, it is as a win-win situation."

Transitioning Employees Through Innovative Services

The majority of outplacement companies are stuck in a rut. These traditional outplacement providers offer services including office space and group seminars to help laid-off employees. These services simply show a person how to find a job. These companies also fail to understand that the job seeker of today is tech-savvy and has moved toward social networks for finding jobs. RiseSmart knew this historically traditional industry needed to change in order to put primary focus on getting the individual in transition back to work as quickly as possible.

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