KPMG UK, like Deloitte UK, has been positioned and packaged in global media as a platform for a toxic culture.
Its chief executive office Bill Michael had resigned. His remark to employeess, which could constitute his legacy, had been to "stop moaning." The workplace is known for the extreme long hours as well as the heavy travel.
Now, reports Bloomberg Law, the partners at KPMG UK have elected a new head. That's Jon Holt. He will serve until September 2025. The question is: Can Holt create a more humane culture for that accounting firm? Or will he only attract more bad press?
After all, the international media outlets are gunning for KPMG UK.
The story of 2021 is the workplace whose ethos is bullying. The latest study of that is the book "Work Won't Love You Back." by Sarah Jaffe.
Meanwhile, BigLaw continues to take it on the chin in legal media for its own kind of toxicity. Here are excerpts from the anonymous employee-rating platform of their law firms - Glassdoor:
For instance, for Jones Day, one employee comments, "Management is poor, they will make up things that you supposedly did wrong in order to prevent a salary raise, long hours, bizarre start-finish times with no flexibilty, management exhibits favoritism, have to work nights and weekends ..."
At Paul Weiss, here it is: "I was not motivated to work because I was yelled at and chastised for any mistake that I made. This is usually because upper management yells down the chain to the people they work under, and the cycle keeps going. That is how you learn at Paul Weiss (at least in my department). If you can drink the koolaid and fit in, it's great. You'll need to be intense and able to take criticism well. I don't think I was ever praised ..."
At Willkie Farr, the posting reads: "Some of the more powerful partners in Houston are very difficult to work for and it makes the entire office an unpleasant place to work."
And, at Boies Schiller, here you have the colorful observation: "I've worked here only a few months but this place is toxic. It's the Hunger Games in suits. There's a very prominent Bro culture that undermines the simplest of things."
Capitalism in its latest configuration may not survive. Lawyer turned journalist Jill Filipovic also throws shade on that version of capitalism in her brisk-selling book "Ok Boomer, Let's Talk."
Internationally, power could be put in play. And, not just in the workplace.
Yes, place your paid sponsored content on this blog. Affordable rates. Please contact Jane Genova at janegenova374@gmail.com.
Comments