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Outplacement helps executives find new jobs and careers

Association leaders who find a pink slip in their in-box may also find themselves face-to-face with Tom Morris, head of the Washington, D.C.-based firm Morris Associates Inc. That’s because Morris is hired by associations and private companies who are cutting staff to assist laid-off executives transition into new jobs and new careers with a severance benefit of outplacement. Though companies will sometimes offer outplacement to employees who are fired with cause, the benefit is usually reserved for employees caught in layoffs, like those rattling industries from banking to manufacturing to marketing in recent months. “This business is countercyclical,” said Peter McCarthy… Read More