Working it out?

The economic downturn should generate more business for outplacement coaches. So what type of services are they offering, and just how useful are they, asks John Charlton If most people are still coping with the fall out of recession, then outplacement (OP) services providers are some of the lucky few. For them redundancies mean more clients. Layoffs, according to Her Majesty's Revenue and Customs figures, cost UK employers £6 billion in redundancy payments last year, with individuals receiving an average of £12,500 each. And...

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