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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What is Employee Outplacement
What is Employee Outplacement    

What is Employee Outplacement


 Employee Outplacement is the HR service meaning that an employee’s former employer assumes all costs associated with finding a new workplace for this employee who was terminated (let’s say due to economical recession). This is a widely used practice in economically and socially developed countries where the employers are obliged to take care of the laid-off employees (to pay out costs of their re-employment). A guarantee of employee outplacement is a very valued option proposed by employers to their employees when they get a job (according to studies such companies have higher staff retention rates than those which don’t), so employees feel more protected with their careers. In fact, outplacement is a service delivered by special companies that do their business by assisting the redundant employees to seek for new jobs in a case of whether systematic lay-off or occasional job loss (these services are contracted by the employer who is terminating the staff and hence would like to help the redundant employees with a swift transition to a new job). 



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