- KPMG is a prominent accounting organization based in the Netherlands.
- The company believes that how you work matters more than where you work.
- HSBC, British Airways, and BP are among the significant UK employers implementing flexible working.
KPMG has told its 16,000 employees that they can quit one day a week early as part of a step toward more flexible working following the lockdown.
According to the statement, staff will work four days a fortnight at KPMG headquarters, with the majority of the time spent at home or on client sites.
In the summer, employees will be given an additional two-and-a-half-hour off each week to “promote wellness” if they work a total of 35 hours.
KPMG‘s change is yet another example of large corporations overhauling their home offices.
“We trust our staff,” said Jon Holt, chief executive of KPMG UK. Our new way of working will give them more control and enable them to plan their workweek. The pandemic has shown that it is not where you work but how you work that matters.
“We listened to our employees and built this plan around them and how they can better serve our customers.”
Bill Michael, the UK head of KPMG, resigned in February after he ordered employees to “stop complaining” about the effect of Covid-19 on their lives. Mr Holt took his place.
According to KPMG, the initiative is being implemented in response to employee feedback that they would like to spend most of their time at home.
In a March workers study, 87 per cent of respondents said they appreciated not having to travel, 76 per cent liked the increased flexibility that working from home provides, and 65 per cent said they now have a more robust work-life balance.
Employees who must visit offices for jobs, meetings, or training in person would not be required to stay the whole day.
KPMG said it would invest £44 million in innovative home-working equipment and more collaborative spaces in its offices in 2021.
HSBC, British Airways, and BP are among the significant UK employers implementing flexible working. Nationwide Building Society announced in March that its 13,000 office workers would be able to “choose where they live” – in workplaces, houses, or High Street branches.
Because of the coronavirus epidemic, 36 per cent of workers in the United Kingdom worked from home last year, up from about 26 per cent in 2019, according to the Office for National Statistics.
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