Ernst & Young – Artifex.News https://artifex.news Stay Connected. Stay Informed. Fri, 25 Oct 2024 03:32:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://artifex.news/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png Ernst & Young – Artifex.News https://artifex.news 32 32 EY Fires Staff In US For Taking Multiple Online Training Courses At Once https://artifex.news/ey-fires-staff-in-us-for-taking-multiple-online-training-courses-at-once-6868561/ Fri, 25 Oct 2024 03:32:19 +0000 https://artifex.news/ey-fires-staff-in-us-for-taking-multiple-online-training-courses-at-once-6868561/ Read More “EY Fires Staff In US For Taking Multiple Online Training Courses At Once” »

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Ernst & Young (EY) recently fired dozens of employees in the US for attending multiple online training courses simultaneously during the firm’s learning week organised earlier this year. According to the Financial Times, the company said that the act amounted to an ethical breach. “Our core values of integrity and ethics are at the forefront of everything we do. Appropriate disciplinary action was recently taken in a small number of cases where individuals were found to be in violation of our global code of conduct and US learning policy,” EY said. However, the dismissals, which took place last week, have sparked an internal debate about business ethics and the limits of multitasking. 

Following the termination, several employees who were sacked for the reason spoke with the Financial Times, countering that there was no prior warning from the company against attending multiple courses at the same time. 

“Their emails marketing EY Ignite actually encouraged us to join as many sessions as our schedule allowed,” one person told the FT, adding, “We all work with three monitors. I was hoping to hear new ideas that I could bring to the table to separate myself from others.”

Another person who lost their job said that the firm “breeds a culture of multitasking”. “If you are forced to bill 45 hours a week and do many more hours of internal work, how can it not?” the former employee said. 

A third person said, “I know a partner who will do two (client) calls and switch their camera on and off depending on who he is talking to. If this is unethical, then that is unethical, too.”

Also Read | Man Gets Rejection Mail From Company In The Middle Of Interview: “Hilariously Unfortunate”

EY termed the sackings as “appropriate disciplinary action”, saying attending more than one course at the same time was a breach of the company’s ethics. But some staff reacted to the latest dismissals by calling them a disproportionately severe response. 

EY’s response was “just bizarre”, said one employee, adding, “Perhaps reduce their rating, deduct bonus, or even delay promo, but simply terminating them effective immediately is just cruel… If this was so important, then implement better systems.”

The firm has since updated its guidance for training events, explicitly requiring staff to “be present for all content and class interactions.” The dismissed employees were reportedly not provided severance packages. 




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Will Continue To Find Ways To Improve https://artifex.news/ey-after-26-year-old-dies-of-work-stress-will-continue-to-find-ways-to-improve-6598362rand29/ Thu, 19 Sep 2024 01:56:06 +0000 https://artifex.news/ey-after-26-year-old-dies-of-work-stress-will-continue-to-find-ways-to-improve-6598362rand29/ Read More “Will Continue To Find Ways To Improve” »

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Ernst & Young said they will provided all the assistance to the family.

New Delhi:

After the family of a 26-year-old claimed that she died due to extreme work pressure at Ernst & Young, the consulting firm said that they will make efforts to make the work environment healthier. 

“We are deeply saddened by Anna Sebastian’s tragic and untimely passing in July 2024, and our deepest condolences go to the bereaved family,” the firm, which is among the Big 4 consulting firms, said in a statement. 

The company said they are providing all the assistance to the family and will find ways to improve and provide a healthy workplace to its employees.

“While no measure can compensate for the loss experienced by the family, we have provided all the assistance as we always do in such times of distress and will continue to do so”.

“We are taking the family’s correspondence with the utmost seriousness and humility. We place the highest importance on the well-being of all employees and will continue to find ways to improve and provide a healthy workplace for our 100,000 people across EY member firms in India”, the firm added.

A letter written by the woman’s mother woman to EY India Chairman Rajiv Memani vent viral on social media. In the letter, the mother claimed that her daughter died of “overwork” just four months after joining the company and no one from the organisation even attended her funeral.  

She also describe how her daughter was thrilled to be part of EY as it was also her first job.

“She was full of life, dreams, and excitement for the future. EY was her first job, and she was thrilled to be part of such a prestigious company. But four months later, on July 20th, 2024, my world collapsed when I received the devastating news that Anna had passed away. She was just 26 years old,” she wrote.

Anna had cleared her chartered accountancy (CA) exams on November 23 last year and joined EY Pune on March 19.



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