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Definition of 'Outplacement'
Assistance provided through a third-party company and paid for by a former employer to help a laid-off employee find new employment. Outplacement assistance may include career counseling and analysis, professional resume writing, cover-letter writing, interview practice, salary-negotiation advice and resume distribution to employment agencies and head hunters.
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Investopedia explains 'Outplacement'
Outplacement services were traditionally provided at an outplacement firm so that the former employee could have access to office tools (such as a phone and computer) that he or she needed in order to write resumes and cover letters and find new employment. Today, many employees have home offices and may only need to visit an outplacement firm for career counseling, if at all, since counseling may also be done over the phone.
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Search results for 'Outplacement'
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http://www.investopedia.com/articles/pf/08/negotiating-severance-agreements.asp
... employer. Request a copy of the policies and review them with your attorney.
Many employers provide outplacement services. Ask that ...
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http://www.investopedia.com/articles/pf/09/lay-off-staff.asp
... and understanding. If your firm has the capability, provide outplacement
services or job counseling to help cushion the blow. Keep ...
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http://www.investopedia.com/articles/pf/09/planning-for-unemployment.asp
... Talk to your employer about outplacement assistance. The company may provide access
to career counselors, telephones, computers and other resources. ...
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http://www.investopedia.com/articles/pf/09/losing-your-job.asp
... Many companies offer laid off employees outplacement services. Use them. Overcome
the bitterness; you never know from where your next job will come. ...
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