Everything You Should Know About Employee Outplacement Firms


Business / Monday, March 11th, 2019

If you are terminated from a job, chances are you start seeing your previous employer in a negative light. You probably don’t think rationally about the whole situation and accept the reality that sometimes a business is required to fire people. Rather, you become spiteful towards the company, even after years of an amazing work experience.

But what if you company provided you with the skills and resources necessary to help you land your next job? Some companies invest in the services of outplacement firms to help you out in the long run. Here you can read about the basics of an employee outplacement firm and how it can help you.

First of all, what are outplacement services?

Outplacement services are provided by a company that is losing employees due to job losses or layoffs. The goal of outplacement services is to provide employees who are leaving with the skills and resources they need to successfully move into a new career role. This will allow them to identify and capture new job opportunities as quickly as possible.

For employees who may not have been in a professional job search for several years, outplacement services bring them up-to-date on current trends. This allows the search process to be much more successful. Nobody loves job hunting, but outplacement services can help to simplify the process.

Who typically used outplacement services?

Any employee who is transitioning may benefit from outplacement services. This includes everyone from entry-level employees all the way up to high-ranking executives. Businesses that are eliminating an entire division of employees can use outplacement services for smoother transitions.

The same goes for letting go of an individual who has worked at the company for many years. This person has served as a loyal and hardworking team member, so ideally you’ll provide him or her with the proper tools to move on. Since each employee has a unique effect on a company, providing outplacement services is advantageous for the whole business.

What are the benefits of using an outplacement firm?

Outplacement services provide a valuable return on investment for businesses. There are several benefits to utilizing these services. Here are a few of them:

  • Business disruption is minimal, since employees who are leaving are being tended to through outplacement
  • Relationships a business built with both transitioning and current employees remain positive
  • Taking care of leaving employees with outplacement services shows potential new employees, as well as customers and those in the industry, that a business values its team

All-in-all, hiring an outplacement service could help to keep your company’s image a positive one. Even employees that you have had to terminate will appreciate your efforts at helping them land their next job.

Which outplacement firm is best?

There are plenty of firms to choose from, but one of the leading agencies is Employment Boost. They provide a variety of services, including resume building, interview coaching, career transition support, and outplacement services. The team members at EB offer a full suite of career knowledge, no matter if you are just entering the workforce or transitioning careers.

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