About Career Transition and Outplacement
Career transition and Outplacement is a kind of support service that is provided by some of the organizations so as to help the former employee’s transition towards new jobs. Some of the companies may even offer psychological support. Career transition and outplacement services refers to a range of support provided to exiting employees following redundancy and business restructuring. This usually includes job interview coaching, CV and resume writing, LinkedIn profile writing, career counselling, skills training and group workshops.
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The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Career Transition and Outplacement market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Careerminds (United States), Lee Hecht Harrison (United States), Right Management Consultants Limited (United States), VelvetJobs (United States), Mercer (United States), Challenger Grey (United States), Verity International (United States), Feldman Daxon Partners (Canada), Korn Ferry (United States), Chandler Macleod (Australia), Michael Page (United Kingdom), The H.S. Group (United States), Empresaria Group plc (United Kingdom), Ulliance, Inc. (United States), NOVA Partners (United States), CDL (Belgium), Pathfind (Canada), Drake International (Ontario) and Logan HR (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Global Outplacement Alliance (United States), NGO Recruitment (Netherland), ClearRock, Inc. (United States), WISENET ASIA PTE LTD (Singapore), RiseSmart (United States), Career Partners International (United States), H2R Consulting (New Zealand) and CCI Consulting (United States).
AMA Research has segmented the market of Global Career Transition and Outplacement market by Type (Personalized Approach, Custom Crafted Resume, Job Search Technology, Networking and Social Media and Others), Application (Large Enterprise and SMEs) and Region.
On the basis of geography, the market of Career Transition and Outplacement has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Increase In the Client Businesses to Use Industry Services to Help Their Redundant Workers to Find New Employment
Market Growth Drivers:
Growing Customizable Services And Frequent Mass Hiring & Layoffs and A Rise in the Safety against Litigation and Economic Feasibility
Risks of Fraudulent Agencies Approach
Concerns Related to the Privacy of Candidates
Increase in the Range of Services Provided by the Outplacement Agencies or Firms and The Influence of the Latest Government Policies to Focus on the Standard Procedures to Comprehend the Growth of the Global Outplacement Services
Market Leaders and their expansionary development strategies
On 1st July 2020, Mercer Global Advisors, Inc. a national Registered Investment Adviser (RIA), today announced the acquisition of ClearRock Capital, LLC a respected wealth management firm with its headquarters in Sun Valley, Idaho, and a second location in San Francisco, California. ClearRock is a holistic wealth management firm who not only provides financial services to their high net worth clientele, but also represents and manages funds for Foundations and Endowments, including small business retirement plans.
Key Target AudienceProviders of Career Transition and Outplacement Services, Regulatory Bodies, Potential Investors, New Entrants, Research and Development Institutes and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.