Ireland primarily based tech firm Accenture is about to advertise as many as 50,000 worldwide workers in June 2025, after a six-month delay, based on a report by Bloomberg.
The promotions embrace 15,000 jobs in India; 11,000 in Europe, Middle East and Africa; and 10,000 in North and South America, the report stated citing inside memos.
As per its newest earnings report, Accenture has 8,01,000 employees, which suggests the promotions will likely be for round 6 per cent of its whole workforce.
The firm didn’t reply to a request for remark, the report added.
What did the memo say?
Last yr “our operating margin — how we measure profitability as a percentage of revenue — contracted compared to adjusted operating margin for the second quarter last year. We are also seeing an elevated level of uncertainty in the global economic and geopolitical environment,” the memo despatched to workers stated, Bloomberg reported.
It added there will likely be some base pay will increase in core development areas, that are primarily based on present market situations, whereas bonus and efficiency fairness choices will likely be made in December.
Salary Hikes: 3-13% in India says report
According to a report by Moneycontrol, in India, Accenture is giving 3-13 per cent wage hikes for workers at Level 8 (Associate Manager) and above. This is the primary increment in two-and-a-half years.
This transfer alerts cautious optimism amid an “elevated level of uncertainty in the global economic and geopolitical environment”, the report stated, citing an inside mail shared by Ajay Vij, Senior Country MD for Accenture in India.
“This cycle, we will have stay-at-level (base pay) increases, including many of those not covered in the December cycle and others in key growth areas. The majority of Accenture’s workforce in India will have received a base pay increase by the end of FY25, either through promotions or stay-at-level adjustments,” Vij’s memo stated.
Headwinds for Accenture
Notably, the promotions come as a morale booster for workers after a six-month delay (from December to June) amid low demand for consulting companies, pullback in shopper spend, and better scrutiny for US authorities contracts below President Donald Trump, the BB report added.
The firm deserted its variety (DEI) targets after Donald Trump ordered his administration to push companies to finish such practices. In 2023, it lower 19,000 roles.
(With inputs from Bloomberg)
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