35 Deloitte India Leaders Take Early Exit ❗
Deloitte India, one of the world’s largest professional services firms, is undergoing a major organizational change that will see 35 of its senior partners retire early.
What could be the possible reasons behind it? It could be :
1️⃣ They are Paving the Way for a New Wave of Leadership!
2️⃣ The retiring partners come from various practices such as audit, consulting, financial advisory, risk advisory, and tax.
They have contributed to the growth and success of Deloitte India for several years and have expressed their desire to pursue other interests.
3️⃣ This move is aimed at bringing in younger talent and expanding into new areas of consulting.
👉 Also - The firm is offering a generous ‘golden handshake’ program to its partners who are 55 years or older, which includes two years of annual compensation as severance pay. Although the standard retirement age in the firm is 62 years.
📍 So now Deloitte India has more than 450 partners, who earn between Rs 3 to 10 crore per annum.
📍 It will be exciting to see how young employees take the responsibilities in hand as the firm is looking to move up the value chain in the consulting business and explore niche areas.
👉 Don’t you think it will be a wonderful opportunity for the youth to leap forward and reach these roles at an earlier stage?
⚡ What are your thoughts on the same?
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