OUTPLACEMENT Meaning and
Definition
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Outplacement refers to a process or service that provides support and assistance to individuals who have been laid off or made redundant by their employer. It involves helping these individuals transition into new employment opportunities and navigate the job market effectively.
Typically, outplacement services are offered by companies to their employees as a part of their separation package. The primary objective of outplacement is to help displaced workers find new job opportunities swiftly and with minimal disruption to their careers.
Outplacement services often include a range of resources and guidance, such as career counseling, job search assistance, resume and cover letter writing, interview coaching, and networking support. These services may be delivered through workshops, one-on-one sessions, online resources, or a combination of various methods.
The goal of outplacement is to equip individuals with the skills, knowledge, and confidence needed to successfully re-enter the job market. It aims to alleviate the emotional stress and uncertainty that comes with job loss by offering professional support, guidance, and practical tools.
For organizations, outplacement can contribute to maintaining a positive employer brand by demonstrating care and support for employees during a difficult transition. It can also help minimize the negative impact of downsizing on the organization's reputation.
Overall, outplacement is a comprehensive and strategic approach to assisting displaced employees in their career transition, facilitating their search for new job opportunities, and enabling them to move forward professionally.
Common Misspellings for OUTPLACEMENT
Etymology of OUTPLACEMENT
The word "outplacement" is a combination of two terms: "out" and "placement".
The term "out" comes from Old English "ūt", which means "outside of" or "beyond". It is derived from the Proto-Germanic word "ūt", meaning "out, outside".
The term "placement" originates from the verb "place", which comes from the Old French word "placer" meaning "to put in place". The Old French term is derived from the Latin word "placēre", which means "to please" or "to satisfy".
Therefore, the word "outplacement" combines the idea of going beyond or moving outside of a certain place or situation (represented by "out") with the act of finding or putting someone in a new position or job (represented by "placement").
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