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

Fatal Explosion At Andhra Pradesh Cement Factory Leaves One Dead, Sixteen Injured

The incident, caused by a boiler explosion, affected seventeen workers from Bihar, Uttar Pradesh, and…

43 mins ago

Elderly Passenger Injured As Train Berth Collapses On Kolkata-bound Journey

North Bengal to Kolkata on the Uttar Banga Express sustained serious head injuries when the…

1 hour ago

5 Tips For Achieving Pimple-Free Skin

Pimples, also known as acne, can be caused by a variety of factors including hormonal…

1 hour ago

WHO Cancer Agency’s Talcum Powder Warning Raises Safety Concerns, Urges Caution

The recent classification of talc as "probably carcinogenic to humans" by the WHO cancer agency,…

2 hours ago

SEBI Issues Show-Cause Notice Over Adani Report Leak And Market Manipulation Allegations

An investigation by SEBI also revealed that Kotak Mahindra and Hindenburg conspired to take short…

2 hours ago

Main Accused Confesses In Gaya Gang-Rape Case; Police Continue Hunt For Two Others

The girl was abducted from her home on the night of July 1 and taken…

2 hours ago