McKinsey set to cut partner cash in post-AI pay revamp
Consultancy tells senior staff their remuneration will comprise a greater proportion of equity
Consultancy tells senior staff their remuneration will comprise a greater proportion of equity

Consultancy begins overhaul of pricing and services in face of technology undercutting its business

Companies are preparing for a time where there might be less work for their employees

Corporate leaders are betting that automation will produce outsized returns

The technology could raise prices and consumption before it gives us more free time

Sector companies are seeking to show that time saved on one-off tasks can translate into real-world business value

Shake-up spurred on by rise of AI and threat of major upheaval across the industry