Outplacement

Outplacement refers to career transition services provided by an employer to assist departing employees in finding new employment. These services, typically offered as part of a severance package, aim to help individuals navigate the job market, assess their skills and career goals, and secure suitable new positions. They often include resume and cover letter writing assistance, interview coaching, job search strategies, and access to networking opportunities and resources. The primary goal of outplacement is to support departing employees professionally and minimize the negative impact of job loss.

Outplacement meaning with examples

• After the company restructured, Sarah received an outplacement package. She worked with a career counselor who helped her revamp her resume and LinkedIn profile. They practiced interview techniques and identified companies aligned with her skills and interests. Within three months, she secured a new role in a similar industry.
• Due to budget cuts, the marketing department was downsized. The company offered outplacement services to all affected employees, including access to online job boards, workshops on negotiation, and individual coaching sessions. This support made the transition smoother for many and reduced stress during their job search.
• The executive facing redundancy was enrolled in a comprehensive outplacement program. This included personality assessments, skills gap analysis, and personalized guidance on developing a strong personal brand. The consultants also helped to create a targeted job search plan and connect the individual with potential employers.
• Rather than leaving employees to fend for themselves, the firm ensured affected employees have access to outplacement support. The outplacement included assistance in crafting a powerful narrative that would resonate with prospective employers and training in the latest technological tools for job search and communication.