KPMG’s Contingency Plan
Friday, January 16, 2009 12:25Posted in category News
KPMG, one of the world’s biggest accountancy firms, is facing the possibility of an extensive redundancy programme.
Now the company have been offering all its eleven thousand UK staff extended unpaid leave. This morning, a proposal was sent to the staff via e-mail. The staffs were asked to volunteer for sabbaticals of between 4 and 12 weeks on 30% payment or move to a 4 day-week with the fifth day unpaid.
The sabbaticals are not compulsory. According to KPMG, this offer to unpaid staff was designed to help KPMG avoid a firm-wide redundancy programme. The company will decide how many workers will take part in the scheme next month.
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Lorraine Harper says:
February 12th, 2009 at 12:29 am
Very good. I have bookmarked this.
Alex Harrold says:
February 15th, 2009 at 8:03 am
Interesting artilce, I enjoyed that. More please