Outplacement client companies generally engage a firm from the industry during periods of restructuring or staffing lay-offs. The client company will pay the outplacement company a fee to provide industry services to staff facing a career transition or employment change. These services are therefore provided at no charge to the employee. The sponsored employee is then provided with services, such as assistance to find another position, career guidance, resume-writing advice, interview skills and other related services. These can be carried out within the client's premises or off-site at facilities and locations provided by the outplacement firm.
Outplacement companies assist former employees of downsizing firms with career and employment advice and skills to find new a new position.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.