[1] A consultancy firm usually provides the outplacement services which are paid for by the former employer and are achieved usually through practical advice, training materials and workshops.
Consultants support individuals seeking a new job, and also those looking to start a new business, retire, or structure a portfolio of activities.
Indeed, research shows that losing one's job is one of the most stressful experiences a person can face other than death and divorce.
Businesses anxious to shed former employees quickly and cheaply impose time limits that hamper effectiveness.
[4]The best outplacement programs provide ongoing support, as it is often the case that after the individual has not been able to find a new job after searching for a number of weeks that they need the most help.