Warning: in_array() expects parameter 2 to be array, null given in /home/firmspyc/public_html/wp-content/plugins/gd-star-rating/code/t2/render.php on line 670
Warning: in_array() expects parameter 2 to be array, null given in /home/firmspyc/public_html/wp-content/plugins/gd-star-rating/code/t2/render.php on line 675
Warning: in_array() expects parameter 2 to be array, null given in /home/firmspyc/public_html/wp-content/plugins/gd-star-rating/code/t2/render.php on line 679
Warning: in_array() expects parameter 2 to be array, null given in /home/firmspyc/public_html/wp-content/plugins/gd-star-rating/code/t2/render.php on line 687
Warning: in_array() expects parameter 2 to be array, null given in /home/firmspyc/public_html/wp-content/plugins/gd-star-rating/code/t2/render.php on line 732
Warning: in_array() expects parameter 2 to be array, null given in /home/firmspyc/public_html/wp-content/plugins/gd-star-rating/code/t2/render.php on line 738
Warning: in_array() expects parameter 2 to be array, null given in /home/firmspyc/public_html/wp-content/plugins/gd-star-rating/code/t2/render.php on line 753
We published a report last year on the seemingly oppressive education conditions that Big4 accounting firm Deloitte forced upon junior staff. Our anonymous Deloitte spy noted in that post, in respect of those studying to become a CA, that:
if you fail 1 subject you get a warning, 2 subjects a written warning and 3… you’re fired!
Following on from that story, we received the following excellent comments from a Deloitte spy last week:
Hi guys … a couple of pieces of news from Tax at Deloitte. Following on from your story regarding the requirement for analysts to re-pay the firm should they fail any CA programs it is worth noting the firm has let down tax analysts re their Masters program too. The grads that started last year were promised that they could complete 2 subjects per semester, thus allowing them to finish their Masters within 2 years. Well come the GFC these promises turned to dust. Not only were the grads not allowed to complete any subjects last year but now the firm will only fund one subject per semester, doubling the time to get a Masters (this change impacted all Masters students btw as even those who had commenced their study already were held back to one funded unit per semester).
Our Deloitte spy then proceeded to give us yet another insight into the besieged Deloitte Tax group (thanks for the comprehensive work!):
In other news there are rumblings within the non Corporate Tax groups in the wider Tax group (eg TP and Indirect). These groups consistently exceed target but until Corp reaches target (never going to happen) no bonuses will be paid to seniors and above in the specialty groups. Well not quite no bonuses…the partners in these groups have been raking in huge bonuses on the back of their staff bringing in the dollars. This is clearly evident from the 2 huge mansions just constructed by 2 of the Indirect PArtners Jon Graham and John Koutsogiannis, not to mention the lavish personal spending by TP partners of late.
Is your partner splashing the cash while you starve? Do you partners impose harsh education conditions?
Send the Firm Spy your news and views!
Loading...