Noun
outplacement (countable and uncountable, plural outplacements)
the process of helping to find new employment for redundant workers, especially executives
“Affected individuals will be provided with severance, outplacement support, assistance and resources based upon current policies and years of service,” said UT Health East Texas, in the press release. Source: Internet
Job Seekers may be able to deduct many expenses related to their search: printing resumes, fees for employment and outplacement agencies, career seminar costs and business-related travel. Source: Internet
In a recent survey of human resources executives from Challenger, Gray & Christmas, an outplacement service firm, 48% of companies say they're reviewing their pay policies with an eye toward closing the compensation gap between male and female employees. Source: Internet