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Top accountancy firm offers its 11,000 staff sabbaticals or four-day week as credit c

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Comments

  • withnell
    withnell Posts: 1,629 Forumite
    rikbar wrote: »
    With an average partner share of £970k, the good old days seem to be still with us.

    http://www.camagonline.co.uk/News/1038.aspx

    Maybe one day I will make it to Partner, who knows, but it is nice to dream

    "UK senior partner and global chairman" - he's chairman of a huge global accountancy firm with member firms in nearly every country in the world - starts to explain that bonus!
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Kez100 wrote: »
    Why have they got less work? Surely if audits have been lost insolvency and these pre pack administrations must be increasing?

    Presumably as a result of different skill sets, a great deal of the auditing work can be done by relatively inexperienced staff and juniors.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Graduate starting is £25-30k, and the typical salary after becoming chartered is close to £50k.

    Simply isn't true - even for those on a London weighting.
    Id much rather know that I had a salary guaranteed at 80% for the next 18 months, than the fear that I'll have no salary six months from now through redundancy.

    But even if everyone signs up, there are no guarantees they won't make people redundant anyway.

    4 day week (with 20% pay cut) or 4 to 12 week sabbatical (on 30% pay) or nothing and hope for the best.

    What would you all do if your employer offered you this? :confused: Particularly if you didn't think your department would be in the firing line for redundancies if/when they happened?
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    What would you all do if your employer offered you this? :confused: Particularly if you didn't think your department would be in the firing line for redundancies if/when they happened?

    Id get my overheads low & take the 4 day week!! Who wouldnt want the extra day off!!
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • michaels
    michaels Posts: 29,560 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I'd take a reduction in hours or even pay...need to do something clever with working families tax credit methinks. Could probably work 20% and still be on 50% of money after less tax more benefits
    I think....
  • pebblespop
    pebblespop Posts: 1,202 Forumite
    i would probably take the four day week - why not?? shave as much as poss off the bills and have a three day weekend. sounds good to me.
  • lynzpower wrote:
    Id get my overheads low & take the 4 day week!! Who wouldnt want the extra day off!!
    pebblespop wrote: »
    i would probably take the four day week - why not??

    My concern is how my OH is going to feel, if he has to work an extra day than me, for less money, and has to chip in more for the bills (but still not 50%) for my decision to have a day off. I mean, no matter what he says now, surely that's the building blocks for resentment? :confused:
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