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CAPS CAPS CAPS!!!!!! El tigre scoars
Biggest winner last night, Green Party.
Anyone up for chat😔😔 Feeling low...
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All right people. LET'S FILE SOME TAX RETURNS.
What are raise amounts or percentages per year?
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No, maybe increase target from 60% to 75% but not 100%, many didnt do that even precovid.
I could also see more emphasis on connection to compensation, rather than it being a pass/fail have 60% be a minimum and then some carrot/stick to try to come on regularly rather than try just enough to maybe hit 60%.
Pro
As a B4 partner, I would rather have my teams at clients as much as possible, and not in the office. We do want our people together, as that is how you build a team and how lower level staff learn from their supervisors - and how their supervisors learn to be effective leaders. Most of my teams are 3 or 4 days between client site and office, and the balance remote. We need to continue to get back to more interactions with our clients, preferably in person. Relationships are stronger when you spend more time together in person- that goes for relationships with the client and relationships within our teams.
Pro
That makes sense, to a point. The problem is many of our key client contacts in leadership positions (the ones I really want my SMs and Ms to build relationships with) are still of the older generation. Once our clients are in the same generation as our resources (say in the next 10 years), the more remote will likely be as acceptable as in person. I think we can all agree that we should defer to the style of our clients in terms of building relationships. I'm admittedly a dinosaur, but that doesn't make my ability to assess my client's needs any less sharp. My clients in their 50s and later regularly ask me where my staff are.
At EY, not for a while. Probably spent too much money on 🏔️ to afford to expand office space to fit everyone.
It’s hard to mandate without adequate space both at an office and at clients. I think that’s why it’s still a general guideline for now. Some clients have completely done away with office space as well or significantly reduced it where they don’t have room for us to sit either.
Industry - Yes. Public will always operate hybrid because there’s simply no reason or enough space to house all employees.
Yep. Too many spent too much making their offices open, modern, and too small pre-covid since PA has been hybrid for at least 10 years
If they allow remote work in India there is no excuse for big 4 to mandate a full RTO. Stop being a headless chicken just because management say so
I think you missed the point. CEOs and partners aren't at risk of being outsourced. There's a reason they get their compensation and the fact that someone else would do it for a tenth, hundredth, or even thousandth of their comp is no threat to them.
A remote staff or senior, however, is if their primary contributions are tasks that can be mostly accomplished for a fraction of the price by our India team. If that same staff senior is learning from the partners and contributing in other ways they are much more likely to be successful (promotions, salary increases, security). Those things are easier to demonstrate when the partners see it regularly rather than hearing from one person how great you are in the assessment meeting once or twice a year (yet they have absolutely no idea who you are).
Yes
No
I should add we’re transitioning to a smaller office within the next few months, so a lot of us are wondering how they’re going to accommodate everyone in a smaller place
Yes
Unfortunately, yes, Even though our company had let us WFH since the pandemic started (then CEO letting each dept decide what’s best for their team), and making a promise at the beginning of last year that it will remain permanent, our current CEO decided to do a complete 180 and make it official RTO (with the exception of a handful of people). Not happy at all
No
At least in my PA office, the space is 1/4 of the full staff. So there’s no chance of an RTO with any sense of realism unless they purchase significantly more office space
Yes
It's not possible when firms have downsized office space yet are adding staff
100%