I know three people with offers at Deloitte UK who are turning it down as the salary is too low. How come UK salaries aren't being increased as a response? Demand for consultants is far too high right now to keep them the same surely?

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My guesses -
The firm want to protect the recent record partner profit shares vs. competitors and avoid attrition at the most senior levels, which can also incur lost sales.
Day rates are not rising in line with salary inflation. We’re already running with very lean operating costs having already taken advantage of the lease expirations and other benefits associated with remote, so margins are more sensitive to wage bill.
We know the direct competition e.g. Accenture, PwC, PA, Capg, Publicis are not beating total reward on offer.

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D are the best paid Big4 at all levels. 🙄

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