Overview

• Deloitte UK announced a 20% reduction in consulting bonuses and a 2.9% salary increase for employees, down from 5% last year, due to underwhelming FY25 financial results.
• The firm’s consulting division significantly underperformed, while tax, legal, and deals teams exceeded targets, securing full bonuses for those units.
• Approximately 5,500 employees will be promoted this year, marking a decrease of 1,300 promotions compared to the previous year.
• A revamped bonus structure now incorporates individual business unit performance alongside personal and overall company performance.
• Deloitte is set to open four new technology centres in Belfast, Cardiff, Manchester, and Newcastle on June 1, as part of a three-year plan to double its tech-enabled solutions business.