Consulting firm PwC is cutting back its summer perk of allowing staff to finish at lunchtime on Fridays.
Ian Elliott,...
Professional services
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KPMG is expecting to make further job cuts to its client-facing and back office roles in an attempt to slash costs.
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Refusal to attend the office for at least three days a week will lead to partners at one City law firm with negative performance reviews.
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HSBC and Deloitte have pulled job offers to foreign graduates of UK universities after the salary threshold for a skilled worker visa was increased.
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Employers are being urged by KPMG to recruit ex-offenders as part of national campaign to reduce reoffending and grow the economy.
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Hospitality, IT, care, SMEs and graduate employers are likely to face the biggest hurdles when the work visa changes are implemented.
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PwC tops the Social Mobility Employers Index again but Social Mobility Foundation calls on government to tackle unpaid internships.
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Consulting firm PwC will pay more than 1,000 partners £906,000 this year.
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There has been a rise in geographical inequality in earnings with the fastest-rising pay rates being those of already well remunerated London-based business employees.
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‘Our survey revealed that most HR leaders expect a decrease in headcount within the HR function once generative AI is implemented due to the increased efficiency.’
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PwC executives have told staff that pay rises this year will not match the inflation-busting increase of 2022.
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Research across professional services firms, including in the legal sector, has revealed confusion over the adoption of generative AI.
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A survey of 2,000 young people by KPMG found that social class and nepotism have a major role in accessing work experience.
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Recent graduates whose education was disrupted by lockdowns require additional coaching and mentoring to develop skills, say Deloitte and PwC.
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Consultancy giant plans sweeping job cuts as uncertainty in global markets afflicts clients.