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Home » Posts tagged with » voluntary furloughs

Skadden Offers Big Money for Voluntary Furloughs

Skadden Offers Big Money for Voluntary Furloughs

New York’s Skadden is offering all its associates, about 1,300 worldwide, the extraordinary option of taking one-third of their base pay not to work for a year. The associates are…

Shoosmiths Asks New Hires to Defer or Withdraw; No Compensation

Shoosmiths Asks New Hires to Defer or Withdraw; No Compensation

British law firm Shoosmiths has asked its 2009 trainees to withdraw from their contract, or defer until 2011, without any offer of financial compensation. The firm wants volunteers to defer…

Norton Rose Adopting 4-Day Week

Norton Rose Adopting 4-Day Week

Norton Rose may implement flexible hours scheme to help avoid job cuts. For one year, Norton Rose employees (including partners) would choose between a four-day week, a paid sabbatical of…

California Courts Consider Shortened Hours, Employee Furloughs

California Courts Consider Shortened Hours, Employee Furloughs

The nation’s largest state judiciary will be hit by severe budget shortages, that may prompt shortened court hours, furloughed employees, the loss of 50 new judgeships and less money for…