Outplacement Meaning: Definition, Examples, and Translations
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outplacement
[หaสtหpleษชs.mษnt ]
Definition
employment transition
Outplacement is a service provided to employees who are laid off or terminated, assisting them in transitioning to new employment opportunities. It often includes career counseling, job search assistance, and resume writing services. The goal of outplacement is to help individuals find new jobs quickly and with less stress.
Synonyms
career transition, employment support, job placement assistance.
Examples of usage
- The company offered outplacement services to all employees affected by the layoffs.
- She benefited from outplacement support after being let go from her position.
- Outplacement programs can significantly reduce the anxiety of job hunting.
- Many corporations invest in outplacement services to maintain their reputation.
Translations
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Interesting Facts
Historical Origins
- The practice of outplacement started in the 1960s in the United States as a response to economic downturns.
- The term 'outplacement' is derived from the idea of 'placing' someone outside their current job into a new position.
- It gained popularity as companies began focusing on employee welfare and corporate responsibility.
Industry Practice
- Many large corporations offer outplacement services as part of their severance packages to ease the transition for laid-off employees.
- Outplacement services often include career counseling, resume writing assistance, and job search strategies.
- Several companies specialize in outplacement services and work with organizations to support their former employees.
Psychological Impact
- Outplacement can significantly reduce the stress and anxiety that often accompanies job loss.
- Research shows that individuals who participate in outplacement programs generally find new jobs faster than those who go without help.
- Support from career coaches in outplacement can enhance self-esteem and motivate former employees during their job search.
Global Perspective
- Outplacement services are not just found in the U.S.; many countries have adopted similar practices to support workers nationally.
- In some regions, government programs provide outplacement assistance to help unemployed individuals re-enter the job market.
- Different cultures may have unique approaches to providing support during job transitions, reflecting local values and economic conditions.
Economic Context
- The concept of outplacement arises in times of economic hardship, when layoffs may occur due to company downsizing or restructuring.
- Effective outplacement can help mitigate the negative impact of layoffs on a company's reputation, as it shows concern for employee welfare.
- Over the years, economic shifts and technological advancements have changed the nature of outplacement services and the job market.
Origin of 'outplacement'
The term 'outplacement' originated in the business and employment sectors during the 1970s as companies began to recognize the need for support services for displaced employees. The concept emerged alongside rising unemployment rates and corporate restructurings that often left many workers without jobs. Initially, outplacement services were primarily offered by executive coaches and career counselors, but over time, they evolved to include a range of support options tailored to different employee levels. Organizations providing outplacement services sought to enhance their corporate image by demonstrating care for their departing employees, thus mitigating the negative impacts of layoffs. By the 1980s and 1990s, outplacement became a standard practice in human resource management, with specialized firms emerging to provide these services. Today, outplacement remains an essential component of workforce management strategies, reflecting a corporate responsibility towards employees during career transitions.