The Essential Guide to Outplacement

While layoffs are never easy, companies can provide a softer landing and a more positive offboarding experience for departing employees by offering an important service: Outplacement. This guide provides an in-depth primer on outplacement: What it is, how it benefits both employees and companies, and which factors to consider when selecting services for your company.

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What is outplacement?

Outplacement is a benefit given by a company to departing employees with the goal to support them with their career transitions. By offering outplacement, your organization can:

  • Reduce the possibility of litigation
  • Elevate your employer brand
  • Retain and expand your customer base
  • Boost employee recruitment
  • Improve company culture

Key statistics

  • 71% of job seekers are likely to choose a company offering outplacement over one that doesn’t, if all other criteria are equal
  • 66% of people choose to share their poor layoff experiences with others
  • 64% of consumers stopped purchasing a brand after hearing news of that company’s poor employee treatment

About the guide

The Essential Guide to Outplacement will answer common questions HR professionals have about outplacement, such as:

  • What are outplacement services?
  • Why offer outplacement?
  • What factors should I consider regarding outplacement costs?
  • How does outplacement work?
  • What is the future of outplacement?

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