Abstract: An employment exchange for facilitating the transfer of verified candidates between an off-boarding employer and an on-boarding employer, comprising an outplacement tracking module, a requirement tracking module, and a placement tracking module. The outplacement tracking module verifies the identity of a user, such as an employer or a candidate, before the user can register with the employment exchange, and further ensures that each candidate is an active job seeker whose employment is terminated by an off-boarder. The requirement tracking module allows an on-boarder to post job requisitions and hire candidates, and allows a candidate to apply to job requisitions. The placement tracking module tracks the status of a placement offer extended by an on-boarder to a candidate to verify that the placement is completed.