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Read the small print Advisory brethren your salary will be reduced by the amount of time you take off, not sure about you but this seems like a foreshadow to eventually justifying reducing pay for underutilized resources or eventually leveraging paying current resources less than fair market value #staywoke
There is a chart that lists what percentage of salary you get based on the number of weeks you take off (for example, a leave of 8 weeks results in getting 87% of your pay for 26 biweekly pay periods...if you take 16 weeks I think the pay is something in the mid-70% range). Your PTO accrual and retirement contributions go down, too, based on how much time you take. But benefits do continue so you are covered in the event of injury, etc. Normal rules apply regarding employment on-the-side — still need to disclose and get approval. This is being billed as a perk, but is a way to save on the bottom line by reducing salary expense. Word has it they’re hoping a lot of Assurance people do it after busy season ends — when the work slows down — so they aren’t paying people to be on the bench. Have already had one RM try to push it on a Coachee for next February when she has no work lined up yet. On the bright side...you get your life back and can *truly* unplug so you don’t have to worry about check-ins or any of the other weekly crap we have to do.
Deloitte is turning into Slalom
So you can take 4 months off per year to work on a startup or business idea with full pay? Is that real? I’d switch firms for that
Bc it’s either fake or unpaid
Fake news
You lemmings, this is as much a tool to manage seasonal downturns.
This post is such a mess. Period.
Oh wow!! That really is pretty cool! Is this across the firm or just applicable to certain groups?
Good luck taking any of this without impact to your progression. :) people are so naive
Rather bust my ass to make partner and then take 30 weeks off per year forever 😎
Dang that’s a nice perk
Utilization is adjusted, too.
Deloitte 4, you’re pretty much on the money.
Slalom no longer has a Sabbatical. Used to be able to take 3 mos off with full benefits and reduced pay @ 75% Salary. They got rid of it.
This is real, but only applies to Advisory folks, not consulting. You get reduced pay, but your utilization also freezes. Really good program as you can take this for any reason (spending time with family, traveling for leisure etc.)
Deloitte 21, D&T LLP is advisory. Deloitte Tax is it's own thing and so is Deloitte Consulting (a long with a few others). It's worth some Google time to understand our company structure as Advisory often has to deal with IFA. You will probably have to Google that as well....
What is it?
Oh so it’s like that thing BCG has where you can work 10 months a year or whatever
What’s the catch, there is definitely a catch. Is it an application process? We have something similar but you apply and there are a couple winners. Buts it’s def not 6-16 weeks
At face value it sounds amazing but I agree with D4's opinion
IT’S REAL. Definitely not fake. But it’s unpaid, and I believe it’s currently restricted to certain pilot offices/groups. I attended a DFlex meeting in the Houston office & all the partners did was explain how DFlex works. It’s real
OW has had this forever. Unpaid leave of absence for up to 3 months, once a year. Great perk that not enough people take advantage of