Open main menu

Challenger, Gray & Christmas is headquartered in Chicago, Illinois, and is the oldest executive outplacement firm in the US. It has offices throughout North America. James E. Challenger is the founder of the company and of the outplacement industry. SHRM (The Society for Human Resources Management) recognized him in 1996 as the creator and pioneer of the outplacement field.

Challenger, Gray & Christmas
Outplacement and Career Transition Services
IndustryOutplacement, Executive Coaching
FoundedChicago, Illinois, USA (1966 (1966))
FounderJames E. Challenger
Number of locations
Offices throughout North America
Area served
North America and Globally
Key people
John A. Challenger, CEO
ServicesOutplacement Services, Executive Coaching
Websitewww.challengergray.com

Contents

Company goalsEdit

The firm's primary goal is to make the transition to reemployment easier for displaced workers[1] Founded in 1962, the company specializes in sponsoring business benefits and services in the following areas: 1) Communication Strategy & Timing, 2) Phase Out/Shut Down 3) Community Awareness 4) Employee Retention 5) Contingency Planning, 6) Security and 7) Public Agency Involvement.[2]

Media coverageEdit

The media has covered the results of studies conducted by the company. These include the cost of the 2007 "March Madness" on the productivity of US businesses,[3] the flat rate of hiring seasonal workers[4] in 2011, declining rate of teen employment in 2012,[5] rising planned layoffs at the U.S. companies in 2013[6] One of the key developments of this firm is the awarding of a $5 million federal contract from the US Navy's Chief of Naval Installations Milling, Tennessee, for professional, scientific and technical services.

SurveysEdit

The firm also conducts regular surveys and issues reports on the state of the economy, employment, job-seeking, layoffs and executive compensation. It conducts one-off surveys on such subjects as workplace bullying, lost productivity due to the Super Bowl, and working women.[citation needed]

ReferencesEdit

External linksEdit

See alsoEdit