Story perspectives

Consulting Giants Raise Pay, Hiring; EY Canada Pulls AI Study

6/5/2026

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Summary

Story summary

Deloitte United Kingdom expects to beat profit targets ending 31 May 2026, prompting higher bonuses and salary increases.
McKinsey & Company will add three-to-five percentage points to partners’ equity profit share as it shifts to outcome-based pricing.
Bain managing partner Clare Gordon said hiring will rise 25% over 2025 after twice raising targets this year.
EY Canada removed a loyalty-rewards study after GPTZero flagged fake footnotes and hallucinated data.

History

Historical Context

Signed by President George W. Bush in July 2002, the Sarbanes-Oxley Act responded to the Enron and WorldCom scandals by tightening corporate governance and audit disclosures. The new compliance requirements spurred a consulting boom, leading firms such as Deloitte, EY, KPMG and PwC to expand advisory services, a shift that continues to influence hiring and compensation practices.

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Story summary

Deloitte United Kingdom expects to beat profit targets ending 31 May 2026, prompting higher bonuses and salary increases.
McKinsey & Company will add three-to-five percentage points to partners’ equity profit share as it shifts to outcome-based pricing.
Bain managing partner Clare Gordon said hiring will rise 25% over 2025 after twice raising targets this year.
EY Canada removed a loyalty-rewards study after GPTZero flagged fake footnotes and hallucinated data.

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