KPMG launches flexible working scheme
Professional services firm KPMG has introduced an innovative flexible working scheme, designed to minimise the prospect of large-scale redundancies in the current recession and enable the firm to retain its talented people.
KPMG reports that over 85% of employees and partners across the firm are signed up to the scheme called “Flexible Futures”. “This is a tremendous achievement and reflects the strong culture we have in the firm of working together and leading by example,” the firm said.
So what is “Flexible Futures”?
- The scheme provides an opportunity for every member of the firm in the UK – partner and employee alike – to volunteer to reduce their working hours on a temporary basis, should this be necessary.
- This will be either through reducing their working week by one day, or taking between four and 12 weeks off at 30% salary, or both. In both cases full benefits are maintained.
- It’s a voluntary scheme and no one is obliged to sign-up.
A final word
“We want to give ourselves the flexibility – should we need it in the future – to manage our costs without needing to resort to redundancies. We are proud of our reputation as an employer of choice, and we think this is a further example of our progressive employment policies.”- KPMG.
Want to know more?
KPMG in the UK is a leading provider of professional services including audit, tax, financial and risk advisory. KPMG in the UK has over 10,000 partners and staff working in 22 offices. For more details visit www.kpmg.co.uk.