McKinsey is Offering Staff Pay, Career Coaching If They Leave Firm

An anonymous reader shares a report: The management-consulting giant McKinsey is dangling career-coaching services and nine months' worth of pay to staffers keen on leaving the firm, the British newspaper The Times reported on Saturday. The Times reported that managers for McKinsey's UK offices could spend up to nine months searching for a job instead of working on client projects. Besides continuing to receive their salary, managers would have access to McKinsey's resources and career-coaching services, per The Times. But staffers would still have to leave McKinsey even if their job hunt proved unsuccessful.

The offer has been extended to managers working at McKinsey's US offices, though the pay duration could be different, The Times said, citing people familiar with the situation. A spokesperson for McKinsey did not confirm the specifics of The Times' reporting but told the outlet that the company's mission was to help staffers 'grow into leaders, whether they stay at McKinsey or continue their careers elsewhere.' 'These actions are part of our ongoing effort to ensure our performance management and development approach is as effective as possible, and to do so in a caring and supportive way,' the spokesperson continued.

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