There was a lot discussed during an EY Americas all-hands webcast this morning, including updates on layoffs and permanent and temporary cost-cutting measures. So, let’s get right to it. 1. No layoffs through the end of June: Back in late March, EY US Chair Kelly Grier said keeping all EYers employed during the COVID-19 pandemic […]
This just in:
Folks at GC,
Last year, PwC announced in November Mid Year bonuses that were tax free (you did a story on this). This year, nothing so far. They need to be called out for this. Mark Mendola: WHERE THE BONUSES AT?
Tax Sr at PwC
To clarify, this is the story we did and, correct me if I’m wrong, the bonus was not “tax free” rather it was a net payment of $1,000/$500 (lower amount was for those hired after June 30). As for this year, our little Tax Senior with dirty diapers is right. We haven’t heard anything about mid-year bonuses, from Mark Mendola or anyone else. If you’ve spoken to him and know either way what the scoop is, please let us know. Someone’s Thanksgiving may be RUINED if we don’t get to the bottom of this fast.
After coming out the near-death experience thanks to the Florida 3rd District Court of Appeal, you’d figure TPTB at BDO would continue shoveling the good news out while they could. On the comp front, a tipster tells us that while there are rumors that raises are bonuses are coming, no one has a clue as to what they’ll be:
Can you run a discussion on BDO compensation increase and bonuses? Raises would be effective 10/1, and currently there have been no formal communications from senior mgmt regarding this topic. In the local offices, there has been word that there will be raises and bonuses, but no numbers have been thrown around.
In other words, if you’ve got the goods BDO peeps, kindly spill it. It’s about time you started talking. If you’re not comfortable voicing yourself, email us and we’ll handle it.