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Australia
Oceania | Australia
KPMG Australia partners and staff enjoy bonus windfall
Following strong performance in its latest financial year, KPMG’s partners and staff are bracing themselves for a much higher than expected bonus – in some cases double the bonus they previously anti
22 August 2021
Australia
Oceania | Australia
PwC renews its salary structure, bonus payout and other benefits
Professional services firm PwC has announced a range of new pay and reward initiatives – in what is the latest move among the Big Four to attract and retain staff amid a national talent shortfall.
25 July 2021
Australia
Oceania | Australia
Deloitte scraps office hours in favour of employee flexibility
Professional services firm Deloitte has scrapped fixed ‘office hours’, with it’s 10,000 employees in Australia granted an increased flexibility in deciding when and where they work.
04 July 2021
United Kingdom
Europe | United Kingdom
Most FTSE companies adjusted executive pay during pandemic
UK-listed companies have been factoring in the impact of the ongoing pandemic into executive pay, according to an analysis of Alvarez & Marsal.
11 May 2021
Australia
Oceania | Australia
KPMG gives staff a wage bonus (4% of annual salary)
The latest 4 percent wage bonus for KPMG staff surpasses the severe pay cuts made last year, and is a token of appreciation for the challenging period KPMG’ers have gone through.
03 May 2021
United Kingdom
Europe | United Kingdom
PwC's flexible working strategy 'a step in the right direction'
Last week, PwC announced its official plans for their 22,000 staff in the UK to work from home between 40% and 60% of the time under their new flexible working structures.
09 April 2021
United Kingdom
Europe | United Kingdom
PwC offers employees free Friday afternoon in July and August
PwC has become the latest in a succession of corporate giants to announce long-term changes to its working week, with the launch of its new flexibility scheme.
02 April 2021
United States
North America | United States
Accenture gives all employees below managing director a bonus
Technology consultancy Accenture last week announced it was giving a pandemic-related “thank you” bonus to its global staff, up through the associate director level.
26 March 2021
India
Asia | India
PwC India gives entire staff bonus for pandemic resilience
PwC India will add an extra two-weeks’ pay to the March 2021 salaries of its entire 15,000 workforce – a token of appreciation for the team’s rallying efforts during the pandemic.
25 March 2021
Canada
North America | Canada
Nearly half of employers modify salary increase plans for 2021
Nearly half (43%) of employers in Canada have modified their salary increase plans for 2021 due to Covid-19, according to Gallagher’s 2020/2021 Salary Planning Survey.
25 November 2020
Australia
Oceania | Australia
Solid results prompt Deloitte to repay entire Covid-19 pay cut
Better than expected financial results have prompted Deloitte’s executive team to repay staff the entire Covid-19 pay reduction effectuated earlier this year.
19 November 2020
Europe
Europe | Regional
One fifth of companies expect to lower salaries in 2021
According to a new study, one fifth of European employers is planning and hence hoping to lower the salaries of their employees in 2021 as part of their Covid-19 rebound strategies.
06 November 2020
India
Asia | India
How PwC, Deloitte, EY and KPMG are cutting employee costs
As the consulting sector looks to navigate the challenging circumstances, the Big Four in India are making a number of adjustments to their employee costs in order to weather the storm.
18 June 2020
Australia
Oceania | Australia
99% of KPMG's employees accepts 20% voluntary pay cut
Nearly all of KPMG’s staff in Australia have accepted a controversial temporary measure – earning 20% less while working the same number of hours – in a move that is designed at softening the Covid-19 hit.
22 May 2020
United States
North America | United States
More than three-quarters of firms could adjust year-end executive compensation
More than 75% of companies are considering adjusting year-end executive compensation plans because of Covid-19, according to recent survey from consultancy Compensation Advisory Partners (CAP), Equit
14 May 2020
Australia
Oceania | Australia
Strategy consulting firm asks staff to take unpaid leave
A growing number of consulting firms are being forced to take measures to curb the effects of the Covid-19 induced downturn, and the strategy consulting sector is not immune.
09 May 2020
Australia
Oceania | Australia
Covid-19 cost-cutting response of PwC, Deloitte, EY and KPMG
Big Four accounting and advisory firms are embarking on cost-cutting measures while trying to minimalise job cuts, according to new reports from Livemint.
23 April 2020
Australia
Oceania | Australia
Consulting firms slashing pay and laying off staff to stay adrift
Earlier confident they could withstand the business threat from the coronavirus outbreak, Australia’s leading professional services firms have now been forced into action.
06 April 2020
United Kingdom
Europe | United Kingdom
The salary of consultants in the UK consulting industry
How much do consultants working at leading consulting firms in the UK earn? Consultancy.uk explores a range of compensation & benefits data in the consulting industry.
02 April 2020
Middle East
Middle East | Regional
Alvarez & Marsal urges firms to address executive compensation
Volatility in the job market is already one of the major impacts to emerge from the early stages of the coronavirus, and this will be the case for the upper end of the market too – an issue which pro
30 March 2020
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Brazil