VelvetJobs launched its outplacement service marketed to companies at only $500 per person. The services offered by VelvetJobs include curated job matching, personalized resume writing, cover letter writing, career coaching, transition support, and interview preparation. It’s a mix of high tech and high touch with innovations such as the one-click cloud-based resume builder.
Outplacement services are expensive, so many companies can’t afford them. The largest outplacement companies charge between $3K to $10K per person, and due to cost the services they provide are not marketed directly to consumers.
VelvetJobs’ founder Pavel Krapivin, a graduate of both Harvard Business School and MIT, previously served as Vice President of Warner Bros. Entertainment and was the co-founder of Doostang – an early LinkedIn competitor
Read Full Artice about Pavel talking about VelvetJobs:
http://www.forbes.com/sites/alextaub/2016/09/13/meet-velvetjobs-transforming-the-5-billion-career-transition-industry/
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