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Tue 11 Nov 2008Permanent TSB offers staff up to €35,000 for career break
PERMANENT TSB, the State's largest mortgage lender, has offered to pay employees up to €20,000 to take a two-year career break and up to €35,000 each for a three-year break in an attempt to reduce costs at the bank.
The bank believes the idea of a career break will appeal to younger employees among the bank's 2,500 staff, who may use it as an opportunity to travel or pursue other interests, while the bank seeks to maintain lower costs through the recession and global financial crisis.
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