Outplacement is an employer-paid benefit that has been in existence for over two decades, mostly in the U.S and in Europe. In Asia, the concept of outplacement is fast gaining acceptance by multinational and local organizations headed by global executives who are aware of its benefits. Increasingly, through better awareness, outplaced employees are requesting for professional outplacement support. In a nutshell, outplacement involves the provision of both emotional as well as professional career management/job search support and advice to executives who have lost their jobs through organizational restructuring & related reasons.