Career transition services provided to executives who have been terminated or displaced, typically funded by the former employer as part of a severance package.
Outplacement services help executives navigate career transitions through resume development, interview coaching, networking strategy, personal branding, job search planning, and emotional support during a challenging period. Executive-level outplacement differs from general outplacement by providing more personalized, senior-level services including access to executive recruiters, board placement preparation, and portfolio career advisory (helping executives balance board seats, advisory roles, and consulting). Outplacement engagements typically last 6-12 months for executives. Employers provide outplacement services to protect their reputation, support departing leaders, and reduce litigation risk. The outplacement industry is served by firms like LHH (Lee Hecht Harrison), Korn Ferry, and boutique career transition firms.
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