Hammonds has ditched its system of rotating trainees around its UK offices. The move also sees a 6,500 pay rise in London.
For many years the national firm has had a compulsory policy of geographical rotation, where trainees move around the UK and spend six months in at least three of the firm’s four offices, which are locatedinLondon, Birmingham, Manchester and Leeds.
Hammondsprovides accommodation in each city, including flats in London’s Barbican Centre.
All future trainees will now be able to pick where they want to spend their training contract.
Because accommodation will no longer be provided, the firm has upped salaries for London trainees by 6,500. Hammonds pays its trainees a basic salary of 20,500, rising to 23,000 in the second year. There will be no changes to pay in the regions.
The firm said that current trainees and those responsible for training had told management that the geographical rotation policy was not a priority for the development of trainee skills. A spokesperson, however, said Hammonds was committed to offering international seats for trainees. The firm has offices in France, Germany, Italy, Spain, Russia, Hong Kong and China.
Thespokesperson explained: “The firm recently reviewed its policy and made the decision that geographical rotations will no longer be compulsory. We will, however, continue to make available to trainees both client secondmentsandarangeof opportunities to work in our international offices.”
The news comes after a difficult summer for Hammonds, which has suffered from financial problems (see News).