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Who’s negotiated severance? Any tips?
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February 22nd of 2022 will actually be a Twosday
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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.
D12, pwc’s sabbatical doesn’t have to be for any specific reason. Seems like instead of D’flex propelling the big D to the forefront they are instead just catching up to everyone else
So D you still “changing the game” or nah?
OP doesn’t seem to understand the concept of “paid”...reducing your pay for the period you take off = very unpaid
Once every 12 months?
That’s not that surprising. We’ve had a sabbatical program for years now. And I know multiple managers who take 3 months off every year. you get paid less but the time off seems worth it once you’re making enough to live
Remember — “workplace of the future” 🙄
We always had the sabbatical program. Idk what the difference is?
I forgot they changed the Talent head person again from Jen to Patrick. Seems like a revolving door in that role ever since we supposedly reinvented performance management a few years ago
Slalom used to call that Sabbatical.
Yea sounds like advisory leadership is just trying to save some money
@P1, coming from another at Slalom, I can vouch for @SC1. The sabbatical has been eliminated for almost three years. Slalom revised the PTO policy to increase minimum and accrual rates instead.
KPMG has had this for years.. sabbatical take up to ~3 months (sometimes longer) but only 50% pay during that time.
Yeah we’ve had this forever. Better to just go negative on PTO
Also we already have basically 6 weeks of PTO by the time you’re M/SM without pay reduction. Why would I take a cut for 6 now?
I should time this for when Blizzard releases Battle for Azeroth. 🤪
No one even takes 3 weeks and you think you’re going to get 16? Dumbasses
This is pretty nifty, especially if they keep paying your benefits. I wouldn’t expect it to be with Kay though. Can my side business be vacation?
Guys it’s not fake. You obviously get a pay cut for an entire year based upon how many weeks you take off. This is different as a sabbatical as you get a pay adjustment rather than zero pay and therefore you get health benefits. The downside is it affects your bonus, performance, ratings, etc.
Deloitte offers a sabbatical too, I think the sabbatical has to be for an approved purpose like education or something like that. This sounds more like a no questions asked sabbatical .
^ I've been told it's not gone.