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News

PwC UK Chair: Come to the Office to Advance Your Career

By:
S.J. Steinhardt
Published Date:
Jan 17, 2024

 

PwC UK Chair Kevin Ellis advises younger workers to come into the office most days if they want to advance their career, Bloomberg reported.

"If you're asking me my opinion on how you succeed in your career, I'd be in the office four to five days a week," Ellis said at the World Economic Forum in Davos, Switzerland.

The emergence of generative artificial intelligence (AI) makes in office interaction more important as the technology is removing “tasks that in the past our more junior staff trained and cut their teeth on,” he said. Without those tasks, “you’ve somehow got to get people through the career path faster.”

Some corporate leaders agree with him, Business Insider reported. JPMorgan Chase CEO Jamie Dimon and Goldman Sachs CEO David Solomon are among those who have said younger workers should show up to the office more often for mentorship and career opportunities.

PwC recently released a report showing that British companies are adopting AI more rapidly than their international peers, Bloomberg reported. The survey of more than 4,600 global CEOs found that 42 percent of U.K/ bosses said they had implemented the technology in the last year, compared with 32 percent globally.

Ellis said that in the audit sector, AI would likely mean the end of charging clients for work by the hour. “Outcome-based fees and effectively licensing and charging for tech and tech assets will become more important,” he said.