Management Consulting – HR Human Resources Consulting – When Outplacement Is Stingy After A Job Loss
Losing your job has never been easy. But today, outplacement — a cushion many laid-off workers relied on to soften the blow and ease their transition to a new job — is getting much stingier. And that’s if you get this benefit at all.
Fifteen years ago, a laid-off mid-level executive might have reasonably expected his or her ex-employer to invest $5,000 for four to six months of professional job search assistance. Today that same person would be lucky to receive the dollar equivalent of $1,500 worth of outplacement services. In most parts of the country, that would amount to a paltry two months of coaching.
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