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

Deloitte UK is cutting some bonuses and promoting fewer staff after falling short of targets
"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."
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.
Read at Business Insider
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