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Archives for January, 2009
Slate Staffers Get "Fresca Fellowships" (aka Sabbaticals)
The New York Observer has reported that internet publisher Slate has told staffers that they will – one by one – take four to six weeks off (paid) and must come back with something to show for it.
Slate editor David Plotz told his writers that they are to exit the work-a-day rat race, take a [...]
Sabbaticals, Not Furloughs – Add KPMG International to the List
KPMG International is bracing for the economic downturn but working diligently to avoid job cuts. The big four accounting firm’s London office has offered 11,000 British workers the option of moving to a four-day workweek or taking a sabbatical with reduced pay.
Employees have two options: take one day off a week – at a 20 [...]
Fortune's "Best Companies To Work For": 19 Offer Sabbaticals
Fortune’s annual list of the “100 Best Companies to Work For” is in February’s issue of the magazine, and 19 of the winners offer fully-paid sabbaticals, up from 16 in 2008. More offer unpaid sabbaticals, but Fortune doesn’t track that information.
Here are the companies with fully-paid sabbaticals, with their Fortune rank in parentheses:Edward Jones (2)
Boston [...]
Swearing Off Pink Slips in a Recession
Especially because salaries often represent a business’ biggest expense, cutting costs without cutting staff can prove challenging. Job-sharing, reduced hours and sabbaticals can all help keep employees on board during a long recession.
Midcareer Breaks Seen as "Sleeping Giant"
Yesterday’s New York Times had an article – “Those ‘Gap Years’ Aren’t Just for Students” – addressing the growth in sabbaticals both as a midcareer boost and a “more creative long-term way [for businesses] to weather the economic downturn than layoffs”.