An effective outplacement service is where an employment agency or a professional services firm steps in to assist an organisation transition staff on to new employment in a smooth and transient way so that employee morale and any follow on negativity does not impact the organisation following the redundancies.
I know that answer is quite lengthy.
Basically, in a nutshell, an outplacement service is where a company steps in to provide employment services to individuals who have recently been retrenched.
To support them to find new employment as quickly as possible, a company like us Client Centric Executive Employment Solutions will equip the affected employee/s with a brand new and tailored CV, cover letter, interview coaching, a revamped LinkedIn profile and assistance address key selection criteria. Client Centric calls this their outplacement and career transition service and is available to companies of all sizes and industries.
In an article on matthewcoppola.com