In an unique initiative, Permanent TSB, one of the largest retail banks in the country, is offering its staff a paid career break in an effort to cut costs. The bank hopes the initiative helps it through a period where it expects less business volumes in the months and years ahead arising from the recession in the Irish economy. It is offering to pay employees up to €20,000 to take a two year 'career break' (€10,000 a year) or €35,000 for a three year break. Permanent TSB hopes the career break will appeal to younger employees who might take the opportunity to travel.Tuesday, November 11, 2008
Permanent TSB offers paid breaks to employees!
In an unique initiative, Permanent TSB, one of the largest retail banks in the country, is offering its staff a paid career break in an effort to cut costs. The bank hopes the initiative helps it through a period where it expects less business volumes in the months and years ahead arising from the recession in the Irish economy. It is offering to pay employees up to €20,000 to take a two year 'career break' (€10,000 a year) or €35,000 for a three year break. Permanent TSB hopes the career break will appeal to younger employees who might take the opportunity to travel.
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