We received word late yesterday about two audit senior mangers in the Tampa office being shown the door yesterday. This makes us wonder if more professionals in the senior manager “parking lot” will take this is as a sign to either move on or will hold out hoping to eventually get a seat at the big table.
There doesn’t seem to be any kind of uniform method to the Deloitte’s cuts so if they’ve recently gone down at your office, let us know.
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Bonus Watch ’11: Deloitte Gives Up PowerPoint Presentations After Stellar Going Concern Reporting UPDATE: Audit Practice Didn’t Get the Memo
This just in from the Deloitte FAS comp call that is apparently going down circa now:
7% AIP pool. No slides with details b/c it ends up on GC. Talking about PwC right now.
What, exactly, is being said about P. Dubs is not immediately known but I’m guessing it has something to do with the fact that they’re obviously vulnerable in the Tampa market but actually it’s more like simple trash talk, according to our source:
[PwC] made draconian cuts during the recession. They are making up for it now. They suck, D&T rules. [FAS CEO] David Williams is stressing total comp., not just base salary throughout the call. Base comp is targeted at 50% of the comp survey range.
[PS -] He loves to use the word “granular” as much as possible.
Unrelated sidenote: David Williams’ favorite hobby, according to his firm profile, is yoga.
Of course you’re on the call and have other details you wish to share, you can elaborate below.
Earlier:
Comp Watch ‘11: Deloitte’s New Structure Is Taking Shape
UPDATE:
A little comparison for AIP and merit increases for the opiners appears on the following pages.
Deloitte Survey: Machines Are Taking Over; Employees to Become Even More Awkward and Uncollaborative
Whose job is it to provide future workers with the interpersonal skills necessary to navigate […]
Deloitte Poll: One-Third of Companies Don’t Have the First Damn Clue About Business Analytics
You can try to blame the Obama Administration’s anti-business policies but you really only have yourself to blame. Get with it people.
Business analytics represents the ability to rapidly harness massive amounts of data for modeling complex situations and predicting potential outcomes and alternatives. This presents enormous potential value for business leaders to make more informed, fact-based and ultimately better business decisions. Yet, in a recent Deloitte webcast poll of more than 1,900 technology executives and business professionals, approximately one-third of the participants either didn’t know if their organization utilized business analytics – or even if they had business analytics capabilities at all.
“Mind-boggling,” said John Lucker, a principal with Deloitte Consulting LLP, leader of its Advanced Analytics and Modeling practice, and one of the webcast presenters. “Organizations have ever more depth and breadth of information readily available within their grasp, and the technology and methods to extract and help synthesize the data are well proven. When you see the low levels of adoption, you have to ask the question, ‘Why aren’t more companies doing it?'”
Deloitte Webcast Poll: One-Third of Organizations Have Limited or No Business Analytics Capabilities [PR Newswire]