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

SC Upholds Rajasthan’s Electricity Regulations; Dismissing Power Companies Plea

The Supreme Court has granted a major relief to the Rajasthan government by upholding the…

8 hours ago

SC Expresses Concern Over Rising Trend Of False Rape Cases On Marriage Promises

The Supreme Court has expressed concern over the rising tendency to register rape cases based…

8 hours ago

Adani Ports Mundra Sets National Record With Historic 200 MMT Cargo Handling Milestone

Adani Ports & Special Economic Zone set a national record by handling 450 MMT of…

8 hours ago

SC Seeks Response On Vikas Yadav’s Bail Plea In Nitish Katara Murder Case

SC issues notice to UP govt, Neelam Katara on Vikas Yadav’s interim bail plea in…

9 hours ago

SC Slams Telangana CM Over Remarks On BRS MLAs’ Disqualification Case

The SC expressed displeasure over Telangana Chief Minister A Revanth Reddy’s remarks regarding the disqualification…

9 hours ago

Jamaat-e-Islami Hind (JIH) Opposes Waqf Bill; Calls It Legislative Discrimination

JIH President Syed Sadatullah Husaini condemns the Waqf Amendment Bill for singling out Muslims and…

9 hours ago