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Deloitte responds to EY tragedy-takes decisive action

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Deloitte responds to EY tragedy-takes decisive action

Deloitte responds to EY tragedy-takes decisive action

Deloitte responds to EY tragedy-takes decisive action

In the wake of the untimely demise of
Anna Sebastian Perayil, Chartered Accountant (CA) employed with a Pune based tax consultancy giant EY office, which set social media ablaze, Deloitte has taken decisive action.

Deloitte South Asia CEO, Romal Shetty, announced the formation of a three-member external committee. This committee, which includes former revenue secretary Tarun Bajaj, will conduct a comprehensive review of Deloitte’s people practices.

The firm has formed a three-member external committee to scrutinize its employee practices, policies, and processes. This move comes as the industry grapples with the delicate balance between work demands and employee well-being.

Her mother’s heartfelt letter to EY India chairman Rajiv Memani revealed that Anna was overwhelmed by an excessive workload, which took a toll on her physical, emotional, and mental health.

The incident has sparked outrage and raised critical questions over the work environment within the organization.

The goal is to identify areas for improvement and ensure a healthier work culture.

Romal went on to underscore the importance of managing stress in today’s diverse workforce and maintaining an open and supportive environment.

In prioritizing employee well-being, Deloitte’s proactive approach includes having a dedicated Chief Happiness Officer—a role aimed at promoting employee well-being and happiness.

Additionally, the firm initiates stringent action against any misconduct instances within its ranks.

Romal acknowledged the pressures inherent in client service businesses, where deadlines and demands are constant.

However, he reaffirmed Deloitte’s commitment to balancing these pressures with employee welfare.

The tragic loss of Anna Sebastian Perayil has prompted soul-searching across the industry. Tax consultancy firms Deloitte, EY, PwC, and KPGM need to now
re-evaluate their practices.

While Deloitte takes the lead in introspection, the entire sector faces scrutiny. The delicate balance amid client service excellence and employee health remains a challenge that requires collective effort and systemic change.

News Edit KV Raman

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