/9918578/Banner

/9918578/Banner_2

/9918578/Mid

section

articleId

product

orgType

parrefer

accountID

Consulting

Banking

Accounting

Fintech

Internships

Rankings

Internship Rankings

Intern Resource Center

Explore Internships

Vault Law Home

Practice Area Resource Centers

Regional Resource Centers

Summer Program Resource Center

Vault Law Culture & Inclusion Survey

Vault Law

Guides

Events

Financial Services

Technology

Grad School

Work Relationships

Productivity

Diversity, Equity & Inclusion

Social Impact

Remote Work

Negotiating

Changing Jobs

Workplace Issues

Blog

Resume Samples

Cover Letter Samples

Interview Tips & Questions

A Day in the Life

International

Career Readiness

Explore Professions

Research Industries

Search Companies

Career Advice

Employers

Schools

&lt;p&gt;Looks like the big Indian outsourcers aren&#39;t the only firms stepping up their game. Today, the &lt;i&gt;Wall Street Journal&lt;/i&gt; reported that companies have started shelling out more money to retain talent. Some firms, like PwC, have begun to unfreeze their pay freezes ahead of schedule (in July, rather than in September), while others are doling out bonuses and pay raises earlier than they had planned. Companies in the health care, pharmaceutical and financial services spaces are seeing the most movement in this area. &quot;They are feeling more confident in how 2010 will shake out,&quot; and want to ward off poaching, says David Smith, managing director of Accenture PLCs talent and organization performance group. &lt;p&gt;&lt;p&gt;These financial rewards seem fairly reactionary. While hiring continues to pick up, companies are getting nervous that their employees will sign on to competitors or to client companies. And, due to lean staffing practices during the recession, they expect burn-out rates to be higher. &quot;There are increasing job opportunities in the marketplace and anxiety on the inside,&quot; said PwC Chairman Robert Moritz.&lt;p&gt;&lt;p&gt;How best to inspire company loyalty (or at least buy themselves some time)? Offer financial incentives to stay onboard. Ah, the power of the dollar.&lt;p&gt;

Vault Consulting Editors

Article

Announcing Vault's 2026 Consulting Rankings for North America, EMEA, and APAC!

Tricky Interview Questions Consulting Firms Ask

McKinsey’s New AI-Powered Interview: The Future of Consulting Recruiting?

Consulting Interview Prep: What MECE Is and How to Use It Effectively

The Library