What is Outplacement? | Meaning & Definition | Akrivia HCM

Outplacement is a human resources-services approach to helping those individuals who were recently laid off and need a new job. With the number of layoffs steadily increasing in recent years, many companies have elected to offer outplacement services to their employees instead of severance packages. What does this mean for you as a business owner? An increased quality workforce can help your business stay competitive in the future.

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