Outplacement refers to the company's process of helping former terminated employees with searching for employment opportunities and re-entering the job market.
Outplacement refers to the company's process of helping former terminated employees with searching for employment opportunities and re-entering the job market. Companies can work with outplacement agencies that locate news jobs for the laid-off employees.
Outplacement services include job training, resume workshops, interview practice and career counseling.
They are provided only for a certain amount of time and are not required to be offered by the company. The expenses are paid by the company.
Explore More Terms & Definitions
- Yield ratio
- Freedom of association
- Applicant Tracking System (ATS)
- General Agent
- Mission Statement
- Supplemental Unemployment Benefits (SUB)
- Leadership Development
- Fixed Term Employment
- Mock Interview
- Background Screening / Pre-employment Screening
- Agile Organization
- Instructional Design
- BYOD (bring your own device)
Pros and Cons of Hiring Full-time, Part-time and Freelance Employees
How to Post a Job on Facebook?
8 Recruitment Strategies to Attract the Best Talent
20 Benefits of Collaborative Recruiting