The Benefits Of Outplacement Services

Answer 1

Outplacement is the name of a service that is provided by an individual company or an employer that is intended to help employees transition from their current job into a new position in a different company. It is most often provided when a company must downsize or make layoffs. When outplacement is provided, it is the hope of the employer that the transitioning workers will be able to find employment seamlessly so they do not have to collect unemployment benefits, and so that they have no interruption in their income. Occasionally, companies join networking websites or professional outplacement services in the hopes that a pool of resources can make finding new positions easier.

Outplacement services can mean many different things, but generally involve assisting individuals with the different skills that are required to find a job. This is important for some people who might have been employed at the same company for many years or decades and are unfamiliar with outside employment and hiring trends. Some basic services that outplacement can provide are training courses on proper interview techniques, assistance in writing resumes, and guidance in looking for work. Some services might also have information about resources that can help a family or individual make the work transition easier, including unemployment information, information about moving to areas with more work, and different government programs that can help preserve health coverage.

An outplacement website can be a very effective way to pool the resources of many different companies into a single searchable database. This can be important for the hardest part of outplacement, which is actually finding an available job for an employee. When companies that have openings, or companies that have recovered from previous layoffs, gather on the same outplacement site, applicants have immediate openings available to them from companies that understand what they are going through. This is favorable for an employer as well because they know the individual is looking for work because of downsizing, and not because of poor job performance.

Most employees who are transitioning through outplacement have the hope that the salary in a new position will be the same as their current salary, or at least very close. The reality is, however, that the benefit to wages from seniority, bonuses, favorable reviews, and other factors are not likely to transfer over to a new job. Instead, there might be some reduction in salary for the employee until they have established themselves in the new position.