Outplacement is a group of services given to displaced employees that provides them with support or assistance in making the career transition. Outplacement programs may be offered on a voluntary basis to personnel who are being terminated, those who are encouraged to take early retirement, as well as those who remain with the organization. Outplacement services may be offered because of ethical concerns for displaced workers, to reduce the stress-level of managers involved in layoffs, to maintain the morale of remaining employees, to preserve the company's reputation as a good corporate citizen, and other reasons.
Outplacement may include, among others, the following services:
