Consulting

As opposed to forcing layoffs, could a firm just request their employees to go on sabbatical for reduced pay?

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I know a few that have been furloughed (benefits in tact, no pay). Until contracts can be active again. Question is can they have side jobs?

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At least in the consulting world

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Yup exactly, I’m sure it’s different for every company but taking a sabbatical may mean you’ll get paid a percentage of your normal compensation - which across the board would save the company $$

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Yes

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Believe that L.E.K. did a furlough

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LEK did a 3 week unpaid leave period for everyone, essentially a ~5% pay cut

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I think it’s possible...would they do it 🤷🏼‍♀️

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If they put you an unpaid LOA, for let’s say 8 weeks, does that void all employment agreements ( any sign on bonus clawbacks)?

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Yes

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Yes

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