6 Reasons to Use Executive Outplacement After a Job Loss

help after job loss


For those who have recently experienced a job loss, taking advantage of outplacement services is a smart move. It is understandable that emotions may be running high and that one could feel lost or unsure of what to do next. This is where outplacement support comes in, delivering invaluable guidance and resources to help navigate the transition and land quickly in a new role.

Companies that offer this benefit to their laid-off employees demonstrate a genuine investment in their employees' success. Working with a career coach through outplacement services can help one reflect on their career goals, polish their resume, and develop a job search strategy, just to name a few advantages. Don't miss out on an opportunity to regain your footing and hit the ground running with the help of outplacement services. Here’s a brief guide to what executive outplacement services offer, and the reasons to use this service after being laid off.


What are executive outplacement services?

Losing a job is never an easy experience, especially if you have been working in an executive level position for some time. Not only do you have to deal with the discomfort of saying goodbye to colleagues and an environment that has become familiar, but you also have to face the often-overwhelming challenge of finding a new job. This period can be a time of great stress and anxiety, as you come to terms with your new reality. Fortunately, executive outplacement services can be an invaluable resource during this time.

These services are designed to provide assistance and support to executives who have been laid off, helping them navigate the job market and ultimately find a new position. They offer a wide range of tools and resources, including career coaching, resume and cover letter writing assistance, job search strategies, and networking opportunities. With the help of an outplacement service, you can approach your job search with greater confidence and clarity, which can make all the difference in landing your next great opportunity.


6 reasons to use executive outplacement services after a job loss

If you’ve recently suffered a job loss, executive outplacement services can help. Here’s how:


  1. Curated Job Matching

For most executive-level candidates, having a curated job matching process can be the difference between finding the right fit quickly or spending an extended period searching for a new job. Outplacement firms specialize in helping executives find opportunities and job positions that align directly with candidate qualifications, interests, and career goals. This personalized experience saves time and increases the chances of finding the right role.


  1. Career Coaching for Every Candidate

One of the significant benefits of executive outplacement services is that they typically offer personalized career coaching. This service provides executives with one-on-one support and guidance designed to help them identify their professional strengths, put together a well-rounded application, and give tips for performing well during interviews. Having a personal career coach is especially beneficial in today’s competitive job market since it’s important to differentiate yourself from other candidates.


  1. Personal Brand Development

Developing a personal brand is vital, especially for executives seeking new roles. An outplacement service provider will work with executives to identify their unique value proposition and help them build a personal brand that stands out from other candidates in a crowded market.


  1. Direct and Indirect Targeted Connections for Next-Level Networking

Outplacement firms have well-established connections with top recruiters and companies to provide a thorough referral system for executives seeking new roles. Not only that, but firms also offer top-notch networking advice, techniques, and tools to help executives succeed in making their network work for them. These connections are critical to expanding your job-seeking options and gaining the inside track to high-level positions and job openings.


  1. Onboarding Support

Once an executive lands a new role, outplacement firms don’t wave goodbye and say good luck; instead, they continue their support, assisting in providing resources for their clients to succeed in their new roles. This process could include personalized development plans, ongoing mentoring, coaching, or executive training sessions. This post-placement support enhances the transition process and ensures a smooth start at the new company.


  1. Job Search Best Practices

Finally, outplacement firms have an extensive understanding of best practices in job search techniques. They help executives learn how to create a compelling resume, improve their LinkedIn profile, and how to write a targeted cover letter or thank-you note. These best practices maximize the chances of getting hired and give you an edge over other job seekers.


M&A Executive Search offers a highly customized, high-touch approach that ensures the perfect fit

For executives seeking new employment or a career change, working with an outplacement firm helps streamline the job search process and increases the chances of finding the perfect job more efficiently. By leveraging a wide range of services, including personalized career coaching, targeted connections, and job search best practices, executives significantly improve their chances of getting hired in a highly competitive job market.

At M&A Executive Search, we are committed to supporting executives in their job search, ensuring that every candidate receives personalized attention from start to finish, and we are dedicated to helping our clients find the perfect fit for their next job. Learn more about our outplacement services today to get started.


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