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outplacement

[out-pleys-muh nt] /ˈaʊtˌpleɪs mənt/
noun
1.
counseling and assistance in finding a new job, provided by a company for an employee who has been or is about to be dismissed.
2.
an act or instance of outplacing.
3.
the state or condition of being outplaced.
Origin
1965-1970
1965-70; out- + placement
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for outplacement
  • They are now closing us down and feel no moral obligation to provide us with jobs or any kind of outplacement services.
  • The firm will provide severance benefits, outplacement counseling and other resources to support their transition.
  • Some employers offer career counseling and outplacement services.
  • There also is a bulletin about outplacement meetings available to employees who are losing their jobs.
  • Employees will need to sign up for an exit meeting held at the outplacement facility on or close to the termination date.
  • Expenses may include travel, resume preparation fees, and outplacement agency fees.
British Dictionary definitions for outplacement

outplacement

/ˈaʊtˌpleɪsmənt/
noun
1.
a service that offers counselling and careers advice, esp to redundant executives, which is paid for by their previous employer
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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