outplacement

You may have heard the term outplacement and wondered what it means. Outplacement is a service that helps employees transition to a new role, usually as a result of redundancy. When an organisation undergoes a restructure for example, roles can become redundant leading to employees no longer having a job. This is where outplacement services come in. Outplacement services are provided by specialist outplacement companies and by career coaches with expertise and experience in this area. The role of an outplacement company is to provide support to help employees transition into a new role. Some employees might require career counselling to help them deal with any emotional distress caused by redundancy or may require help making career decisions. Redundancy can be an ideal time for employees to consider their their career coals which might include changing careers or moving into self-employment for example. What does outplacement support include? Outplacement services...

[caption id="attachment_18644" align="aligncenter" width="500" caption="Outplacement can be a positive change"] [/caption] Outplacement is a term used to describe the provision of support services to employees facing redundancy or early retirement. Employees are made redundant for a number of reasons including organisation restructure, downsizing, or due a business closing down. Who pays for outplacement and what’s included? Organisations often fund outplacement services for employees who are being made redundant although some redundant employees who have not been offered outplacement services as part of their redundancy package choose to purchase outplacement services for themselves. The level of assistance provided by an outplacement company will vary depending on the package negotiated by the organisation or the employee. Some outplacement companies deliver their services in groups, others on a one-to-one basis or a combination of group and one-to-one support. The kinds of services offered by outplacement companies vary but might include: Information about the labour market including how identify and...