outplacement


out·place·ment

O0164800 (out′plās′mənt)n. The process of assisting a terminated employee find a new job.

outplacement

(ˈaʊtˌpleɪsmənt) n (Industrial Relations & HR Terms) a service that offers counselling and careers advice, esp to redundant executives, which is paid for by their previous employer

out•place•ment

(ˈaʊtˌpleɪs mənt)

n. assistance in finding a new job, provided by a company for an employee who is being let go. [1965–70] out`place′, v.t. -placed, -plac•ing.
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