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outplacement

   Also found in: Wikipedia 0.01 sec.
out·place·ment  (outplsmnt)
n.
The process of facilitating a terminated employee's search for a new job by provision of professional services, such as counseling, paid for by the former employer.

outplacement [ˈaʊtˌpleɪsmənt]
n
(Business / Industrial Relations & HR Terms) a service that offers counselling and careers advice, esp to redundant executives, which is paid for by their previous employer


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When an organization needs to restructure it has to deal with these people, either by finding them alternative positions within the company, retraining them to fit an existing position or make redundancies For organizations or individuals, career management and outplacement specialists can offer a wealth of experience in a range of business environments.
In the midst of a global financial crisis there are many companies that face uncertainty about the future As some of them come to the difficult decision to lay off employees if they want to stay ahead of competition, they are turning to career transition and outplacement services to help deal with the changes In the midst of a global financial crisis there are many companies that face uncertainty about the future.
If you do find yourself in this position then career management and outplacement consultants can maximize your chances of finding a suitable and exciting career, involving planning, preparing and even retraining and acquiring new skills.
 
 
 
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