World

McKinsey Offers Staff Full Wage For 9 Months To Leave Company Voluntarily, Says Report

The multinational management consulting firm McKinsey has made a payment offer to hundreds of senior staff members who choose to leave the company and seek employment elsewhere.

According to the British daily The Times, this is the company’s most recent move to cut staff despite a decline in the industry as a whole.

The UK branch of the company is offering managers the chance to commit up to nine months to a “job search” time.

Instead of concentrating on client projects during this time, the concerned staff can use their working hours to look for new prospects.

During this time, they will continue to get their full wage, which may total hundreds of thousands of pounds if they take advantage of the full nine months.

Also Read: Congress Receives Temporary Relief as Income Tax Department Holds Off Coercive Measures Until July 24

Shivanshi Srivastava

Recent Posts

How To Read Food Labels & Make Smarter Grocery Choices

Reading food labels helps you make informed, healthier choices by understanding nutrition facts & picking…

4 mins ago

JP Nadda Slams Rahul Gandhi’s ‘Match-Fixing’ Claims As ‘Desperation Of Losing’ Polls

Rahul Gandhi's opinion piece appeared in a national daily and sparked political uproar. Opposition parties…

12 hours ago

Poverty In India Reduced Via Tangible Boost In Household Living Standards, Incomes

In 2022–23, poverty under the revised $3.00 line stood at just 5.25 per cent in…

13 hours ago

Chhattisgarh: Seven Maoists Killed In Indravati National Park Operation

Five Maoists were killed in two separate encounters with security forces in Chhattisgarh’s Bijapur district,…

13 hours ago

Carney Invites Modi To G7 Summit, Highlights India’s Global Supply Chain Role

Canadian Prime Minister Mark Carney said the most populous country, with the fifth-largest economy, must…

14 hours ago

RBI Frontloads Rate Cuts To Boost Growth Amid Low Inflation: Crisil

The Reserve Bank of India (RBI) has frontloaded its rate cuts to support economic growth,…

14 hours ago