Spain Acts As ‘Marathon Working Days’ Seem To Have Become The Norm At ‘Big Four’

The Spanish Labour Ministry had been investigating whether employees at the so-called ‘Big Four’ consultancies were actually working longer hours than their records showed.

A year after starting to investigate working practices and conditions at Deloitte, EY, PwC and KPMG, the public body has decided to impose a fine totalling at least €1.4 million.

Spanish media report the probe was not easy as the consultancies lacked an hourly register, which is a requirement for all companies since the change in Spanish law in 2019.

Working 12 Hours Per Day Seemed Completely Normal

In some cases, employees of the Big Four complained about working up to 16 hours per day. Like his colleagues, Sergio Padilla, a former employee at PwC in Madrid, used to work 12 hours.

Working from 9 am to 9 pm seemed completely normal to Padilla – whose name has been changed to protect his identity – as all his colleagues were in the same situation.

He would barely have any free time after work. During his two years with the consultancy, he said he became increasingly “bitter” until he finally decided to leave voluntarily.

Keep Reading

Worsening Working Conditions Amid Record Profits

According to Raúl de la Torre from Comisiones Obreras, a Spanish trade union, working conditions have only worsened since 2008, while companies have reported record profits.

“A few months ago [employers] wanted to include in the agreement that we had to work up to 12 hours a day from Monday to Saturday, without any additional compensation.”

“We launched a campaign on social media that led to the first strike in the sector,” de la Torre noted, adding Spain’s consulting sector has seen major workforce fatigue.

Fresh Graduates Seeing Sacrifice As A Way To Success

The Big Four firms have been raking in significant profits. According to the newspaper Expansión, the companies made €2.5 billion during the fiscal year in 2021.

After months of negotiations and strikes, graduate workers who were previously paid €14,100 gross a year will now earn up to €15,300.

It appears marathon working days have become the norm at the ‘Big Four’, with newly recruited fresh graduates seeing the sacrifice as a way to catapult their careers.

EU Reporter

As vast is the European region, the more diverse are the developments and news that are to be known. I bring to table the news and political affairs from region to your screens.

Recent Posts

D.C. Weekend Events: Bike Ride, Concerts, and More—Expect Traffic Disruptions

This weekend in D.C. is packed with great events, and with that comes road closures and parking restrictions. Here’s a… Read More

September 7, 2024

Super Typhoon Yagi Hits Vietnam: Big Storm Causes Damage

Super Typhoon Yagi hit northern Vietnam on Saturday. It was among the strongest storms in the area within the last… Read More

September 7, 2024

Apple’s Big iPhone 16 Event: What to Expect on Monday

Apple is preparing for the biggest event this year. The new iPhones, along with many more awesome devices, will be… Read More

September 7, 2024

DC Weather: Humid and Warm Start to the Weekend

Happy Friday! As we wrap up the first week of September, expect higher humidity and temperatures around 80 degrees. The… Read More

September 6, 2024

“Love is Blind” Season 7 Set for DC Premiere on October 2

If you think dating in D.C. is tough, you're not alone multiple people are facing this problem after coming into… Read More

September 6, 2024

5 Daily Habits to Sharpen Your Mind and Be Successful in Life

You do little things every day, such as brushing your teeth to keep them healthy. Similarly, you can develop some… Read More

September 6, 2024

This website uses cookies.

Read More