It’s Bonus Bonanza Time at Deloitte and PwC In India
Nearly a week after Deloitte in India said it would give all employees either a bonus or a straightforward increase in salary this month as the firm bounces back from a pandemic-related malaise, PwC leaders in India are also sharing the wealth with employees as a “token of appreciation” for hanging in there during the […]
Compensation Watch ’20: PwC Making Mid-Year Salary Adjustments For Everyone
Christmas came early for those donning the orange, red, and yellow, as PwC employees were told the following today during a firmwide webcast, according to a tipster (bold emphasis added): PwC avoided layoffs by freezing pay, paid (smaller than target but still substantial) bonuses in the fall, now increasing base pay for nearly all staff […]
Compensation Watch ’10: Deloitte Wants to Keep Up with the Joneses
Or the Kylnvelds, Ernsts, Coopers (aka “c”). Take your pick.
From the mailbag:
All staff just received a voicemail from the firm stating that they will be performing a salary adjustment for all staff 2nd year through manager as they have realized the marketplace is providing different salaries than expected and would like to stay competitive. No word on amounts, one on one meetings with partners are occurring in the next week.
This little Friday Surprise was brought to you by Carlos Sabater (listen to the full message below) and the salary adjustment will be for audit professionals only. We’ll definitely be interested to hear what comes out of the meetings next week so keep us updated.
Reactions welcome.