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). 

Play Demo

	CentriQS -15% OFF Business management software for small & midsize enterprises Play Demo		VIP Task Manager Task management software for teams & small offices Play Demo / Download