According to Verified Market Intelligence, the Australia Outplacement Services Market was valued at USD 150.58 million in 2017 and is projected to reach USD 217.67 million by 2025, growing at a CAGR of 4.7% from 2018 to 2025
Outplacement services involves helping different parties and employees in efficiently finding jobs and moving through a time of major difficulties in an accomplished & helpful environment, thereby minimizing immediate risks and maximizing future prospects. The provision of outplacement and career transition support by employers has become a standard practice in organizations over the past few years.
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Increasing inflation and recession rate has accelerated the outplacement services market as a lot of people approach such third parties in order to get a job placement. Apart from this, risks of approaching fraudulent agencies and privacy concerns might hamper the growth of Australian outplacem
