Professional services

Consulting firm PwC will pay more than 1,000 partners £906,000 this year.

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.

‘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.’

PwC executives have told staff that pay rises this year will not match the inflation-busting increase of 2022.

Research across professional services firms, including in the legal sector, has revealed confusion over the adoption of generative AI.

A survey of 2,000 young people by KPMG found that social class and nepotism have a major role in accessing work experience.

Recent graduates whose education was disrupted by lockdowns require additional coaching and mentoring to develop skills, say Deloitte and PwC.

Consultancy giant plans sweeping job cuts as uncertainty in global markets afflicts clients.

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Big four consultancy PwC acquires People Force, a specialist in implementing Ceridian's Dayforce HR technology.

Class and socio-economic background have a greater impact on someone’s career progression than any other diversity characteristic, according to research.

Consulting firm PwC will close most of its offices to employees over Christmas to save on energy costs.

Professional services giant Deloitte has replaced half of its 16-person UK executive team. In doing so it has reduced the number of women at senior level.

An executive at professional services giant Deloitte who faced complaints over sexist and racist comments he made while drunk at a work social event has been allowed to retire.

Deloitte has launched a global sustainability and climate learning programme to develop the skills staff need to help tackle climate change.