Is Outplacement Outdated?
New Solutions to Today"s Skinny Executive Outplacement Services
The term outplacement was first used over 50 years ago to describe a graceful solution to the nasty task of firing people. While Bernard Haldane may have had the first formal practice, right after WWII, in advising people looking for their next job or career, it wasn't until the '70s and '80s companies subscribed to offering the service to most departing employees. It was "the right thing to do" but more accurately it placated departing employees while it was thought to help maintain a company's reputation among current employees and their hiring communities. It also helped mitigate legal action departing employees might be inclined to pursue.
A recent survey of professionals, managers and executives using the top level outplacement service shows the merits of outplacement programs, among these users, have plummeted for two reasons. First, outplacement budgets have been cut to the bone by corporations, and outplacement services havenít adapted to the times. Read more