Ernst & Young is investing $100 million to provide bonuses and incentives to its U.S. professionals who develop future-focused skills, especially the human kind that advance the Big Four Firm's culture, innovation and client service.
The move aims to recognize the impact of employees who provide exceptional client service and is part of an ongoing multibillion-dollar investments the firm is making to attract and develop talent who can thrive in a human-powered world that also leverages technology like AI.
In addition to rewarding technology adoption, the program will recognize EY US professionals who harness advanced technologies, focusing on the skills, behaviors and outcomes that matter to the firm and its clients.
"The pace and complexity of change in our industry require confident leadership," said EY Americas CEO and US managing partner Dante D'Egidio in a statement Tuesday. "This significant investment reinforces our commitment to building the workforce of the future by recognizing the skills and behaviors needed to lead our profession and serve our clients with excellence."
The program includes three award categories based on scope and impact:
- Everyday leadership: Recognizes actions that contribute to learning, experimentation, collaboration and leadership in the moment;
- Transformation that drives measurable results: Rewards individuals whose contributions drive meaningful change through innovation, disruption, technology or growth; and,
- Game-changing impact for the enterprise: Honors individuals or teams whose actions make a long-lasting, material impact on the firm.
In addition to introducing new award categories, all ranks of EY US professionals will be able to recognize their colleagues and acknowledge their contributions as they happen.
"How we reward our people defines what we value as a firm. And what we value are confident professionals who continuously push themselves to learn fast and drive a lasting impact," said Ginnie Carlier, EY Americas' chief talent and culture officer, in a statement. "With these awards, we are empowering our EY professionals to bring a curious mindset to their work, to challenge what is possible and to ultimately shape the future of EY US."
The firm also recently
