What are Outplacement Services?

What are Outplacement Services?

When an employee is laid off or otherwise let go from a company, the employer may offer outplacement services as a way to ease the transition and help the employee find a new job.

Outplacement is a term that refers to the process of helping a terminated or laid-off employee transition into a new job. When employers offer outplacement as part of a severance package, they are providing support and resources to help the affected employee find a new job.

Outplacement services are typically provided by a third-party vendor, such as Career Transitions, LLC and can include a variety of services including career counseling, resume and cover letter assistance, job search guidance and training, interview preparation and networking support. The services are designed to help the employee re-enter the workforce as quickly and successfully as possible.

Outplacement services are beneficial to both employers and employees.

For employers, the services can help ensure that departing employees have the best chance of success in their new job search. This, in turn, can help the employer maintain a good reputation in the job market and can also help to send a message to remaining employees that providing Outplacement Services to terminated employees is the right thing to do.

For employees, outplacement services provide access to independent valuable resources and assistance with the job search process. They can provide a support network for the employee during a difficult time, which can help to reduce the stress and anxiety associated with the job search.

Employers generally pay for these services as part of a severance package. This can be a cost-effective way for employers to provide support to their departing employees while also protecting their reputation and reducing their legal liability.

In summary, Outplacement Services are services that provide job search assistance and career support to employees who have been laid off. They are beneficial to both employers and employees, and employers typically pay for them as part of a severance package.