As if losing hundreds of your work-friends and being denied a pay increase wasn’t enough, it has emerged in another Firm
In a scheme that could only have been conjured by a penny-pinching accountant, the Firm Spy has been told:
Senior management, as well as our direct partners, have requested that staff take a three week leave of absence … somewhere between the start of the new financial year and December 31. … The request was framed as ‘optional’, but it was made clear to me that there is to be little choice in the matter. ..Over this half-year period, on my junior wage of $52k, this leave of absence will amount to a loss 10% of my income.
Each of Ernst & Young, KPMG and particularly Deloitte have so far shown tremendous restraint in responding to the GFC.
Is the PwC partnership failing its staff? Does a partnership concern for the safety of a six-figure (or seven-figure) salary truly justify the hardship presently endured by the retained PxC staff?
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