March 19, 2009
Willis employees given unpaid leave
by David Masters
Story link: Willis employees given unpaid leave
UK-based insurance firm Willis is offering its staff unpaid leave as part of a cost-cutting exercise.
The global insurance broker is seeking to cut costs amidst the worldwide economic downturn.
It is also understood that chief executive Joe Plumeri has offered staff a cash incentive in exchange for reducing their working hours.
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