How long does the executive outplacement process typically take?

The executive outplacement process is comprehensive and personalized, designed to address every facet of career transition. The duration can vary significantly depending on individual circumstances, goals, and the market.

What is the cost of executive outplacement services, and how is it structured?

The cost of executive outplacement services varies based on the extent of services provided, the seniority of the executive, and the duration of support. Pricing is structured to reflect the bespoke, comprehensive support package.

Executive Outplacement: Empowering Your Career Transition

In this modern, fast-paced world, career transitions of C-level executives are more than job changes; they are defining moments in channelling the professional direction.

Executive outplacement services, like those from Right Management, stand at the leading edge of support for these transitions. With over 30 years of experience and a proven track record across the globe for helping organizations identify talent, create value, and position for new business opportunities, our executive outplacement solutions address individual and organizational needs to restore job passion and reach your personal and professional goals.

What is executive outplacement?

Executive outplacement is a specialized service that assists executives in navigating the complexities of career transition, whether due to organizational restructuring, a desire for change, or unexpected job loss. Unlike standard outplacement services, executive outplacement addresses the specific needs of high-level professionals, offering bespoke solutions that range from personalized coaching and strategic career advice to networking opportunities and beyond.

At its core, executive outplacement aims to empower executives to find new, fulfilling opportunities that align with their skills, values, interests and career goals. Right Management leverages its extensive network and industry expertise to ensure every executive, experiences a seamless transition marked by strategic guidance and support tailored to their unique circumstances.
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Benefits of Executive Outplacement

The advantages of executive outplacement extend beyond the individual to significantly benefit organizations. For executives, these services provide a structured approach to navigating career changes, enhancing their ability to secure roles that match their expertise and ambitions.

Benefits include:

Personalized support: Tailored coaching sessions with senior career coaches who align career transitions with personal interests and professional goals.
Enhanced marketability: Assistance in refining resumes, developing compelling personal brands, and mastering interview techniques to stand out in a competitive job market.
Strategic networking: Access to exclusive industry contacts and opportunities, facilitated by Right Management's global presence and deep-rooted connections.
Maintaining brand reputation: Outplacement services play a crucial role in maintaining brand reputation during layoffs, as survivors of a layoff can experience a 41% drop in job satisfaction and a 20% reduction in job performance.

Effective management of layoffs, including providing outplacement services, can positively impact how employees and customers perceive a business.

Who can benefit from executive outplacement?

Executive outplacement services fit many individuals, from those transitioning due to organizational changes or restructuring to executives seeking opportunity advancement or reentry to the workforce.
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Right Management’s process is very individual, conducting it to ensure each CEO, CFO, or senior manager experiences outplacement specifically tailored for them to meet their needs and ambitions.

Read more now on how you benefit from executive outplacement with Right Management here.

The executive outplacement process

The journey through executive outplacement is comprehensive and personalized, designed to address every facet of career transition with precision and empathy. Right Management's process embodies this approach, beginning with an initial assessment that evaluates the executive's career aspirations, strengths, and areas for development. This foundation paves the way for a series of strategic steps:

1. Personalized coaching: Each executive is paired with a senior career coach whose expertise aligns with their industry and career goals. These coaching sessions delve into personal values, professional ambitions, and potential career paths, ensuring that executives are prepared for their next role and are set on a path that fulfils them personally and professionally.

2. Resume and LinkedIn profile optimization: A compelling online presence is crucial in today's digital-first world. Specialists work with executives to craft resumes and LinkedIn profiles highlighting their achievements, leadership qualities, and unique value propositions, ensuring they capture the attention of top-tier employers.

3. Networking and relationship building: Leveraging Right Management's extensive global network, executives are introduced to valuable contacts within their industry. This strategic networking goes beyond mere introductions, facilitating meaningful connections that can lead to career opportunities.

4. Interview preparation and salary negotiation: Tailored training sessions equip executives with the skills to excel in interviews and negotiate competitive compensation packages, emphasizing their worth and securing optimal terms for their new roles.

How to choose an executive outplacement firm

Selecting the right executive outplacement firm is a decision that significantly impacts an executive's career transition journey. Thanks to our global reach, personalized approach, and comprehensive service offerings, we disguise ourselves.

When comparing us with other providers, consider the following:
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Expertise and track record: Evaluate the firm's experience in assisting executives in your specific industry or career level. Success stories and testimonials can provide insight into their effectiveness and the quality of support provided.
Personalized service: Ensure the firm offers a tailored approach, recognizing that executive outplacement needs differ significantly from mid-level professionals. The depth of the relationship with career coaches and the customization of the outplacement process are pivotal.
Comprehensive support: Beyond job search assistance, look for firms that offer a holistic suite of services, including leadership development, career mobility support, and reskilling opportunities. It’s your executive coaching partner’s task to facilitate a job transition and enhance the executive's overall career trajectory. That’s what sets them apart.

Besides the three criteria described above, there’s a fourth one mentioned by our director, Geert Volders: "Especially networking and making interesting contacts is an added value of our executive outplacement approach.”

This being said, it highlights the significance of networking complemented by the business experience of their executive coaches.

Executive outplacement to take a headstart

Executive outplacement services, especially those under Right Management, are an investment in the ongoing success of senior professionals who make career transitions. With a focus on personal advocacy and creative career development, Right Management ensures that executives receive new job placements and open up new roles that provide extremely high personal and professional satisfaction.

Discover how Right Management can guide your executive career transition. Contact us today for a personalized consultation and begin your journey to career fulfilment.
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