Outplacement is an employer-sponsored benefit provided to help displaced employees make a smooth and timely career transition. Outplacement is offered by companies interested in giving their displaced employees the support, coaching/consulting, tools, assessments, structure, and motivation to find new careers. Outplacement is a valuable service assisting client firms in managing organizational change.
When should outplacement be used?
Today’s business environment is wrought with changes: mergers, acquisitions, consolidations, downsizing, offshoring, relocation, retirement, and ever-changing market pressures. Most workforce displacements are largely a result of these changes. They can be traumatic and often unpleasant for both employer and employee. Outplacement services allow these changes to be made in a professional and structured manner.
Benefits to the Employer
Outplacement can make the termination action easier to implement. It assists companies in improving post-employment relations, which can reduce the possibility of litigation, the disclosure of proprietary information, and adverse publicity. In addition, using these services helps alleviate negative feelings and potential for theft or violence; and it improves the morale of the remaining staff.
Benefits to the Displaced Employee
Outplacement helps the displaced employee reduce the emotional confusion associated with job loss through counseling, training, and redirecting their focus toward the future. Our coaches provide intense career transition coaching, administer and interpret career assessments, develop a strong marketing campaign, and make strong contacts through smart networking.