Global management consulting firm McKinsey has offered to pay hundreds of senior employees to voluntarily leave the company and look for other jobs.
This is the company’s latest attempt to reduce headcount amid a sector-wide downturn, reported British daily The Times.
Managers within the UK side of the business are being presented with the option to dedicate up to nine months to a "job search" period.
During this period, the employees in question can dedicate their working hours to pursuing new employment opportunities rather than participating in client projects.
They will continue to receive their full salary throughout this period, potentially amounting to hundreds of thousands of pounds if they utilise the entire nine-month duration.
Source: India Today