Increase the likelihood of rehiring once laid-off employees
Protect employer brand & reputation
Mitigate the risk of litigation
as our recent Outplacement Survey revealed, the #1 reason that employers offer outplacement was the desire to do the right thing.
When Outplacement emerged in the 1960s, companies typically offered career assistance primarily to executives and upper-level employees, affording them the trappings of a familiar work environment—a satellite office, a phone, and an assistant—to aid in looking for employment. In the 1990s, full-time consultants became a common high-touch added service.
These two offerings—the “brick-and-mortar” provision of a satellite office and one-on-one or group coaching — continue in outplacement today and have defined the scope of services for the past five decades. But times have changed: Organizations face new challenges, but also benefit from new advantages, of a modern labor market.
A globalized economy, social media, and technological advances continue to rapidly reshape the way we work: