Glossary
Outplacement
What outplacement is: career transition support paid by the company that lets you go, what it includes and how to negotiate it.
Outplacement is a career transition service hired and paid for by the company that lays off an employee, to support them until they land their next job. The person doesn't pay for it: it is part of the exit package, alongside severance.
What an outplacement program includes
- Assessment and strategy: profile evaluation, personal SWOT and definition of the professional target.
- Application toolkit: an optimized resume, a LinkedIn profile and interview preparation.
- Search plan: target industries and companies, channels and activation of the person's network.
- Ongoing support: sessions with a career coach for a defined period, typically three to twelve months depending on the seniority of the role.
Why it matters in Latin America
Restructurings and automation have made outplacement increasingly common in the region, especially for middle management and executive roles. For the company, it protects the employer brand and reduces legal disputes; for the person, it shortens a transition that done alone can take twice as long, because they don't start from zero: they start with a strategy, ready materials and someone holding them accountable.
A practical note: outplacement can be negotiated at termination, just like severance. If you are being let go, it is worth asking for it before signing the release.
How Ingenium works on this
The Career Accelerator covers the same route as an outplacement program —a 22-point employability diagnostic, SWOT, search plan, interview preparation and application tracking— with a Career Coach guiding every step. It serves both companies that want to offer transition support to their teams and anyone who left without that benefit and needs to structure their transition.