Latest news with #DeloitteNewZealand
Techday NZ
01-07-2025
- Business
- Techday NZ
Deloitte promotes 32 new leaders across New Zealand divisions
Deloitte has announced the promotion of 32 new leaders within its New Zealand firm, consisting of 13 new partners and 19 new directors spread across the organisation's various divisions. The appointments, made between December and June, are described by Deloitte New Zealand Chief Executive Mike Horne as reflective of the firm's ongoing growth and investment in specialist expertise. Horne commented: "Our new partners each bring a fresh perspective and set of experiences that strengthen our ability to solve our clients' increasingly complex challenges. As organisations face growing pressure to adapt and innovate, having the right people in trusted advisory roles is more important than ever. Deloitte's new partners enhance the depth and breadth of our capabilities across the firm, reinforcing our commitment to helping clients navigate uncertainty and plan for long-term success." The new partners take up posts across the firm's primary business groups, comprising audit, assurance and reporting advisory; tax and business advisory; technology and transformation; and strategy, risk and transactions. Audit and assurance In the audit, assurance and reporting advisory division, Ben Wood, Suné Strydom and Craig Robertson have been promoted to partner. Strydom, based in Auckland, is noted for her technical assurance expertise and work supporting teams through the evolving ESG assurance landscape. Wood, also in Auckland, has managed complex audits and has been a strong proponent of audit quality and innovation since relocating from London in 2018. Robertson began with Deloitte as a graduate in Dunedin and now specialises in financial reporting and complex accounting advisory for a range of clients. Tax and business advisory Five individuals have become partners within Deloitte's tax and business advisory group. Stefan Davies in Hamilton brings substantial experience in virtual CFO and advisory services, focusing on property, construction, and investment sectors. Auckland-based Jamie Dawson is a transaction specialist who supports clients through sale processes, acquisitions, and complex tax matters. Alex Kingston, also in Auckland, is recognised for his work with clients in the financial services, technology, and healthcare sectors. Dunedin's Luke Murdoch has a background in business advisory and tax, supporting large and growing firms through complex regulatory issues. Stephen Walker, who joined Deloitte in the UK and moved to New Zealand in 2013, currently advises on employment tax and inbound high net worth migrant matters from Auckland. Technology and transformation The technology and transformation stream sees Oisin Collins and Bryan Daly join the partner ranks. Collins started his Deloitte career in Dublin and has been based in Auckland since 2021, delivering advisory and major ERP transformation projects. Daly, also in Auckland, has expertise in strategic programme delivery, technology change, and the design of delivery operating models for various organisations. Strategy, risk and transactions Within strategy, risk and transactions, Mary Kilkelly (Wellington), Rod Harris (Auckland), and Thomas Watson (Auckland) have all been appointed partners. Kilkelly brings close to two decades of infrastructure experience across sectors in New Zealand and overseas, focusing on transport and water infrastructure advisory. Harris joined the firm with over 20 years' experience in professional and services industries, concentrating on M&A advisory and corporate finance. Watson works with corporate and private businesses on transaction readiness, deal strategy, and execution as part of Deloitte's M&A advisory team. In addition to the partner appointments, the firm also promoted 19 new directors across its New Zealand operations over the past year.
Techday NZ
15-05-2025
- Business
- Techday NZ
Gen Z & millennials seek balance, security & AI skills at work
Deloitte's 2025 Gen Z and Millennial Survey has found that younger generations in New Zealand and globally are experiencing shifts in workplace priorities, technology use, and attitudes towards financial security and career development. The survey, which gathered responses from more than 23,000 individuals across 44 countries, shows that Gen Z and millennials are increasingly seeking a balance of financial reward, personal fulfilment, and well-being in their professional lives. According to the study, these groups are expected to make up 74% of the global workforce by 2030. Lauren Foster, Partner at Deloitte New Zealand, said: "Instead of chasing corner offices, Gen Z and millennial workforces are looking for careers that pay fairly, align with their values and support their well-being. This shift presents a challenge for employers to rethink what leadership pathways look like and how they can support purpose-driven growth at work." Findings from the New Zealand snapshot of the survey indicate that financial security remains a significant concern. Sixty-four percent of Gen Zs and 56% of millennials in New Zealand report living paycheck-to-paycheck. About half—47% of Gen Zs and 53% of millennials—said they worry they will not be able to retire with financial comfort. In terms of work-related stress, 47% of Gen Zs and 45% of millennials in New Zealand said they feel stressed or anxious all or most of the time, with almost a third (31% Gen Zs and 29% millennials) identifying their jobs as a contributing factor to these feelings. Foster said: "Continued financial pressures and workplace stress are taking a toll on Gen Z and millennial workers. Many are feeling stretched, both economically and emotionally, but they're also driving a shift in what they expect from employers. They're looking for workplaces that actively support wellbeing, offer flexibility, and create a culture where people can thrive – not just survive." The report highlights the growing role of Generative AI (GenAI) at work. Usage is on the rise globally, with 74% of Gen Zs and 77% of millennials expecting GenAI to impact their work in the next year. In New Zealand, 36% of Gen Zs and 48% of millennials are already using GenAI in their everyday roles. Respondents using GenAI report perceived improvements in work quality and work/life balance. Despite these positives, more than six in ten express concern that GenAI could eliminate jobs, and many are seeking roles they see as safe from technology-driven disruption. The survey indicates a strong demand for ongoing training, with many respondents prioritising the development of both technical and soft skills. Globally, over 80% of Gen Z and millennial respondents believe that soft skills such as empathy and leadership are more important for career advancement than technical skills alone. Foster said: "Gen Zs and millennials are adopting generative AI tools at work and acknowledge the benefits of doing so. However, there's an undercurrent of concern too. They are enjoying the potential of these tools but wary of what they could mean for their own job security and the human side of work." The survey also explores changing attitudes towards education and leadership aspirations. Only 6% of Gen Zs globally cited reaching a senior leadership position as a primary career goal, though opportunities for learning and development remain among the top reasons for choosing an employer. In New Zealand, the expectation gap between what young workers want from managers and what they experience remains significant. While 57% of New Zealand Gen Zs and 62% of millennials want their managers to mentor them, only 44% of Gen Zs and 38% of millennials say this actually happens. Attitudes towards higher education are also evolving. Thirty percent of Gen Zs and 37% of millennials in New Zealand chose not to pursue higher education, compared to 31% of Gen Zs and 32% of millennials globally. The cost of tuition was the main concern for New Zealand respondents, with Foster noting: "More young people are questioning the value of traditional higher education, especially as the cost of living rises. The New Zealand snapshot shows the cost of tuition is the main concern for Gen Zs and millennials when it comes to the higher education system – and more so than what was seen globally. Fifty-seven percent of Gen Zs and 49% of millennials in New Zealand were concerned about the cost of tuition compared to 40% of Gen Zs and 38% of millennials globally." Purpose in work was identified as highly significant, with roughly nine in ten Gen Zs and millennials globally stating that a sense of purpose is important to their job satisfaction and well-being. While some define purpose as making a positive social impact, others focus on earning money, maintaining work/life balance, or acquiring new skills that enable contributions outside of work. The survey was based on online responses from 510 New Zealanders alongside the global sample, capturing the perspectives of 302 Gen Zs and 208 millennials living and working in New Zealand between October and December 2024.
