Deloitte
Headquarters:
1633 Broadway
New York, NY 10019
Employees: 169,000
CEO: James Quigley
U.S. CEO: Barry Salzberg
Website:
http://www.deloitte.com
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Deloitte is one of the world's top accounting
and professional services firms. The firm provides audit, tax,
consulting and financial advisory services to companies and organizations.
In the United States, Deloitte LLP is the member firm of DTT. Like DTT, Deloitte LLP does not provide services to clients. Instead, services are primarily provided by the subsidiaries of Deloitte LLP, including:
* Deloitte & Touche LLP
* Deloitte Consulting LLP
* Deloitte Financial Advisory Services LLP
* Deloitte Tax LLP
In fiscal 2009, the global network had $26.1 billion in total revenues, down 4.9% from the previous year.
The U.S. division generated $10.72 billion in revenues in fiscal 2009. Audit and enterprise risk services made up 37% of U.S. revenue, 34% from consulting, 24% from tax and 5% from financial advisory services.
There are 42,367 employees in the U.S. made up of: 4,246 partners, principals and directors; 29,359 staff, and 8,762 adminisrative staff. Deloitte has 102 U.S. offices in 92 cities and 8,895 CPAs.
Employment has increased worldwide by about 4,000 over the past year, but dropped by 2,000 in the U.S.
History
1833 At
the age of 15, William Welch Deloitte becomes an assistant
to the Official Assignee at the Bankruptcy Court in the City
of London. This was the ideal apprenticeship at that time for
a young man with an interest in the rapidly developing field
of public accounting.
1845 Deloitte
opens his own accountancy office opposite the Bankruptcy Court
on Basinghall Street, London.
1898 George
Touche establishes his own firm in London.
1990 Merger
that creates Deloitte & Touche.
1993 International
firm is named Deloitte Touche Tohmatsu.
2003 The
global organization announces the launch of the new brand name
"Deloitte." The change means that the firms known in
various national and global markets as Deloitte Touche Tohmatsu
and Deloitte & Touche, while retaining their local legal
names, will now be known by the brand "Deloitte."
Benefits
Medical Plans
PPO and HMO Plans offered, depending on location.
Prescription Drug Plan
This program covers the cost of prescription drugs for members
of the UnitedHealthcare Preferred Provider plan and the Blue
Shield of California Triple Option plan. Prescriptions may be
filled at participating pharmacies at 20 percent of the full
cost or US $10 (generic)/US $20 (brand name), whichever is higher.
There is also a mail order drug option available. HMOs offer
their own prescription drug coverage.
Dental Plan
We offer a dental plan that covers routine preventive care as
well as major dental procedures. The MetLife Preferred Dentist
Program (PDP) provides both a network and non-network option.
Covered expenses are reimbursed based on the network status of
the provider. In general, out-of-pocket expenses are less if
you select a network provider.
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Vision Care
The Deloitte EyeMed Discount Vision Care Program provides you
and your eligible dependents with discount vision services and
supplies. Benefits include eye exams every 12 months with a US
$35 copayment. Frames are available with 50% off the first US
$130 and 20% off any balance over US $130. Lenses are also available
at varying copayments dependent on the type of lenses required
(disposable contact lenses are not covered).
Voluntary Vision Care Plan
A Voluntary Vision Care Plan is also offered which provides a
greater benefit at an additional cost. Benefits under the Voluntary
Vision Care Plan include a US $10 copay on eye exams, a frame
allowance of $100 with 20% off any balance over $100 as well
as coverage for contact lenses.
401 (k) Plan
This is a voluntary savings and investment plan, designed to
help you save for your retirement in a tax-effective manner.
Some plan highlights include:
- Save and invest your compensation before taxes with a choice
of a wide variety of investment options, ranging from conservative
to aggressive.
- Contribute up to 60 percent of your compensation, tax-deferred,
through the convenience of automatic payroll deductions. Your
contributions to this plan are subject to IRS annual maximum
contribution limits.
- Accumulate investment earnings tax-free while in the plan.
- For employees with at least one year of service at the end
of the plan year, the firm will provide a 10 percent guaranteed
matching contribution for every US dollar you invest in the plan
(up to 6 percent of your pay). Historically we have contributed
a supplemental contribution of 15 percent over the guaranteed
10 percent for a total of 25 percent. Matching contributions
are immediately 100 percent vested.
- The plan provides loans and other in-service withdrawal options.
Pension Plan
The firm provides a non-contributory defined benefit pension
plan designed to help provide you with income after you retire.
Your pension plan provides:
- A monthly income for you for life after you retire
- Normal retirement at age 62
- Retirement as early as age 50 with 10 years of service
- Pre-retirement and post-retirement death benefits payable to
your spouse or beneficiary with certain elections
- Continued benefit accruals until normal retirement age if you
are totally disabled, provided you meet certain requirements
- Vesting after five years of continuous service
Holidays
The firm provides eight paid holidays each year, which include
one designated local office holiday (such as the day after Thanksgiving
or Columbus Day).
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Personal Time Off
The personal time off program combines your vacation, sick days
and personal days into one total, giving you the flexibility
to use your time off however you wish. PTO works on a calendar
year and depends on your position and years of eligible service.
Non-Exempt Administrative Professionals receive 18 days for up
to 5 years of service, 23 days for 5 to 15 years of service and
28 days for 15 or more years of service. Client Service Professionals
receive 23 days for up to 15 years of service and 28 days for
15 or more years of service. Managers, Senior Managers and Directors
receive 28 days regardless of service. Firm Directors receive
30 days regardless of service. Shared Services Professionals
receive 18 to 28 days, depending on Career Level and years of
service. PTO is accrued on a prorated basis from the first complete
pay period. Eligibility must be confirmed prior to accrual of
PTO. Use of PTO must be approved by a supervisor.
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