Outplacement

Intermediate 👥 Human Resources

Definition

A service provided to laid-off employees to help find new jobs, often described as generous while amounting to mostly LinkedIn profile coaching.

Example Usage

My severance included three months of outplacement, which amounted to someone checking my LinkedIn headlines.

Origin

Developed in the 1980s as a more humane alternative to just firing people

Fun Fact

Expensive outplacement programs correlate poorly with actual job placement rates.

Source: Severance and transition services

Related Terms

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