Deloitte Australia’s Partner Promotion Crisis

Deloitte Australia’s Partner Promotion Crisis

More than 50% of Deloitte Australia’s Partners are staying salaried — an unusually high number for a firm this size, as reported by the Australian Financial Review. Salaried partners are choosing not to “buy in” and become equity partners. Deloitte Australia’s FY24 revenue was A$2.78 billion — down 2.4% from A$2.85 billion in FY23. Yes, for a firm of nearly 12,000 people and one of the Big 4, that’s a notable dip. So, what’s happening at Deloitt…