EY Grapples With Accomplice Pay, Bear Market in Breakup

Ernst & Younger’s leaders, attempting to influence companions to separate up the agency, mentioned windfalls could be unfold evenly, however a bear market threatens to chop the worth of a possible preliminary public providing of its consulting enterprise, in response to an inside webcast and folks aware of the matter.

Chatting with EY’s roughly 13,000 companions Monday, World Chairman and Chief Government Carmine Di Sibio mentioned that the agency would give all companions in a rustic the identical a number of of pay, in response to a recording of the webcast reviewed by The Wall Avenue Journal.