Deloitte UK is cutting some bonuses and promoting fewer staff after falling short of targets
Briefly

Deloitte UK has announced that employees in its Technology and Transformation (T&T) consulting division will see their bonuses reduced to an average of 80% after the division failed to meet profit targets. Additionally, promotions will be scaled back, with only 25% of the UK workforce expected to be promoted this financial year compared to 28% last year. This decision has left employees feeling demotivated and contributed to a dip in morale, especially since the other divisions performed better.
Deloitte UK’s T&T consulting division will see staff bonuses cut to an average of 80% after missing financial targets, impacting overall morale.
The firm will promote fewer employees this year, with only 25% of the UK workforce expected to advance, down from 28% last year.
Read at Business Insider
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