Skip to main content

Market Overview

This Man, Who Never Went To University, Is Making $1.2M-A-Year At Deloitte At The Age Of 30

Share:
This Man, Who Never Went To University, Is Making $1.2M-A-Year At Deloitte At The Age Of 30

Ben Newton, a former apprentice at Deloitte Touche Tohmatsu Ltd., has achieved the remarkable feat of becoming a partner at the age of 30, earning an average of $1.2 million (£1 million) annually. What makes this achievement even more significant is that Newton never attended university.

What Happened: Newton, who hails from Dorset, England, joined Deloitte’s Brightstart apprentice scheme for school leavers 12 years ago. His promotion was initiated to diversify Deloitte’s hiring pool and offer an alternative route into the workforce, reported The Sunday Times.

Newton, who is now a qualified accountant and working as an auditor, chose to join the Brightstart scheme over pursuing a degree in mathematics at Warwick University. His success highlights the potential of offering opportunities to individuals from diverse backgrounds.

See Also: Here Are 5 Funky Things You Probably Didn’t Know Your iPhone Can Do

Research by Deloitte’s competitors, such as KPMG International Ltd., has shown that an individual’s socio-economic background can be a significant barrier to career advancement, even more so than gender or ethnicity.

This has prompted a broader discussion about the importance of diversifying the talent pool and providing opportunities for those who may not have considered university as their primary path to a successful career.

Why It Matters: The success of the Brightstart apprentice scheme at Deloitte is a notable example of how companies are rethinking traditional hiring practices to attract talent from diverse backgrounds.

This approach aligns with broader trends in the job market, where tech companies are in high demand amongst job seekers, and the U.S. labor market is experiencing exceptional growth.

Newton’s journey from apprentice to partner is a testament to the potential of non-traditional career paths.

As companies continue to prioritize diversity and inclusivity, programs like Brightstart could serve as a model for creating opportunities for individuals from all backgrounds.

Read Next: Two Of America’s Biggest Companies Have Made A ‘Massive Bet’ On China

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Photo courtesy: Deloitte Northern Ireland

 

Related Articles

View Comments and Join the Discussion!

Posted-In: benzinga neuro career deloitteEntertainment News Education Success Stories General

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com