"Having good market intelligence is no longer optional in this day and age"
Rakesh Pabbi - Senior Partner
UK workers gifted employers an extra £17 billion in free work over 2016, as they didn’t make (full) use of their entitled holiday time.
Research commissioned by holiday firm Airtours has revealed that in 2016, 40% of the British workforce were guilty of not utilising their full holiday entitlement, with one in six employees also admitting to having more than a full working week of unused holiday spare.
A new index to promote upward mobility has found Grant Thornton to be the top UK employer social mobility. They were joined in the top 20 by Big Four members KPMG in second place, Deloitte in fifth and PwC in seventh and EY as the 16th best employer for social mobility. While the top firms are moving to tackle the issue however, the Index also revealed a sustained effort is still needed to boost state-school intake at top firms.
Matt Taylor, a Managing Director in the Risk and Compliance wing of Protiviti, reflects on the impact of the Fifth EU AML Directive (5AMLD) and provides tips how organisations can best prepare for the new regulation.
Projective, a consultancy and project management specialist, has entered the German market with the opening of an office in Frankfurt. By establishing an arm in Germany’s financial services capital, the firm anticipates growing its footprint in the country and wider DACH landscape.
Grant Thornton Windward Islands has boosted its operation in St Vincent and the Grenadines with the acquisition of the Patterson & Co, formerly a BDO member firm. The deal, the value of which has not been disclosed, adds 17 staff to Grant Thornton, including Partner Floyd Patterson.
Bain & Company has again been awarded a 100% CarbonNeutral company certification by Natural Capital Partners. The certification follows an independent audit of the firm’s carbon footprint; which Bain has worked to minimise and mitigate through leveraging renewables and offsetting unnecessary travel.
PA Consulting Group has become a member of the Ellen MacArthur Foundation’s Circular Economy 100 (CE100) programme – an exclusive platform which brings together stakeholders from public and private sector to support circular economy ambitions.
The four largest accountancy and consultancy groups of the globe – the Big Four – are the most popular consulting employers in Australia. Consulting remains a popular industry to work in for Australian graduates: ten of the top 100 graduate employers are active in the advisory industry.
Small businesses in the North invest three times as much on external consultants compared to those in London, yet 30% of experts fail to adequately assist companies, a report has found.
Cognizant has opened a new delivery centre in Sao Paulo, Brazil. The new centre, which will be staffed from local recruitment, is aimed at further boosting the firm's presence across Latin America - as well as meet increased demand for the firm's services.
Monaco has again been named as the top city for millionaire density in the world, but London remains in the top five, according to GlobalData. Research from the company’s WealthInsight group has also revealed a decline in proportional millionaire presence in all returning members of 2017’s top 20.
Blockchain may not be a household word yet, but over the next decade its impact on businesses will rival the transformative capabilities of the Internet. The potential applications of blockchain are endless, and for retailers blockchain will be revolutionary, write Cognizant's Steven Skinner and Lata Varghese.
KPMG Australia has acquired Melbourne-based professional service group 3 Degrees Consulting. The purchase sees the Big Four firm’s Australian outfit complete its 14th deal in three years, as KPMG bids to dominate the region’s consulting industry.
Global professional services conglomerate Aon has acquired psychometric and advisory firm cut-e for an undisclosed sum. The acquisition is targeted at reinvigorating the firm’s global Talent, Rewards & Performance solution group, elevating their collective presence to more than 400 professionals, while aiming to serve an increasingly tightly-bound labour market.
KPMG has acquired FinTech and financial services matching platform Matchi. The deal, completed for an undisclosed fee, sees the Big Four consultancy and the platform cement a relationship between their two firms which has been active since 2015.
International professional services network BDO have issued a statement prompting companies to raise their game on cybersecurity in the wake of May’s worldwide ransomware attacks. The WannaCry hack was an unprecedented globally coordinated cyberattack which hit 230,000 computers in over 150 countries, including the network used by the UK’s National Health Service.
Big Four consulting firm PwC has found that despite progress in other areas, female workers remain disadvantaged, with wage disparity in the UK standing at £85 billion in lost wages. Individual women are deprived an average of £6,100 per year by gendered salaries, the group's research also confirmed.
London-based consultancy firm Egremont Group has set up an office in Chicago, its first on the ground international operation. Fifteen-year company veteran Andy Morris has been tasked with leading the firm’s US endeavours.
London-based consultancy Aecus has been acquired by The Hackett Group, a US headquartered research, benchmarking and consulting group.
Growing economic pressures are fuelling demand for UK-based independent consultants, stoking already strong growth across the top end of management consulting’s gig economy.
