Accounting Services 

KPMG Poaches Someone From PwC and Issues a Press Release, Part XVI

It looks like the hot spots for Big 4-on-Big 4 poaching lately are the U.K. and Australia, where KPMG Down Under recently made champagne wishes and caviar dreams come true for one PwC managing director. Australian Financial Review reported: Sally Torgoman, 38, has joined KPMG as a partner in the firm’s infrastructure business. Ms Torgoman was previously a managing director in PwC’s infrastructure business. The dual qualified lawyer and electrical engineer has also worked as general counsel at Eco Energy World and at Origin Energy in roles dealing with corporate transactions and strategy and international development.…

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Accounting Services 

Compensation Watch ’21: Deloitte Puts Mid-Year Raises On the Table (NEW UPDATE)

Mid-year raises are definitely rolling out at Deloitte now that a comp thread has been created on Reddit. To recap, in late September, Deloitte CEO Joe Ucuzoglu told staff in an email (scroll down for the full text of Joe U.’s email) that the firm would be “performing a market-based analysis of our professionals’ pay. In some markets and for some professionals, our compensation remains highly competitive and no current adjustments are warranted. For others, data indicates that adjustments are needed because of shifts in the market over the last…

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Accounting Services 

Compensation Watch ’21: RSM US Employees Are Starting to Leak Their Mid-Year Raises

We recently got a tip that RSM US had told employees that “they are re-evaluating market conditions and people/groups might get raises in December.” Our tipster added: “Another carrot to dangle in front of people to get them to not leave.” Apparently the phrase used by RSM leadership was “targeted adjustments,” according to an RSMer on Fishbowl, which means those high-performers whose salaries are already at or exceed market levels probably won’t see diddly-squat, while those whose current salaries are below market will be the beneficiaries of said targeted adjustments. Some…

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