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No idea but this was a line used on me for over a year at GSD&M when I was severely underpaid and trying to get a raise… “we wish we could but that darn Omnicom hiring and raise freeze!”
Left GSD&M and joined the Many?
Someone tell you that when interviewing? I’ve heard no such thing yet
Good luck, friend! Report back if you get confirmation.
I’ve never heard of an entire holding company going on a hiring freeze
Don’t most agencies try to do raise freezes no matter the economy? That’s why the average stay at an agency is something like 1.5 years. People leave to get more cash because they don’t get rewarded no matter how well they do for the agency.
I fee we are next too… Q3 is not looking good
Really? I was just thinking of applying there smh
Every holding company says this from time to time without truly meaning it. The last Dentsu hiring freeze saw Wendy Clark get hired for millions. Right at the beginning of the pandemic.
Agencies use this as an excuse to avoid giving out raises and promotions - but it’s rarely honest.
Honestly, I don’t know what to expect in this economy and haven’t heard anything about this yet!