What is Outplacement Service?

Outplacement services are a service offered for employees and employers to help existing employers find a new job. Usually the employer-sponsored this service for the laid-off or terminated employee to prepare them for the next employment.

Companies need outplacement services when:

• Downsizing employee

• Company reconstruction due to:

legal proceedings, ownership, and many other reasons.

• Poor job performance

• Company mergers and acquisitions

• To reduce operational costs

• Uncertainty due to economic climate

• Changing the strategic direction

• The company supports for their staff with career change

Services that outplacement services do such as:

• writing resumes

• cover letters

• navigating job boards

• interviewing

• networking and negotiating salaries

Benefits of Outplacement Programs:

• Reputation Improvement

• Principle of Risk Mitigation

• Helping Employee Boost Morale

• Reducing Employment cost

What are the things to consider when choosing outplacement services?

• Know the service they provide

Outplacement services are your partner at times when the company is not in a good shape make sure that you and the employer are in the same page.

• How do they deliver their service

• Know their coaching background

• Know the company connection

When the company decides to hire an outplacement service, it would be the most sensitive stage, therefore deciding which outplacement services best should be decided at the best decision.