Investing in our people

Today, I was incredibly proud to announce a nearly $160M additional investment in our people with across-the-board salary adjustments for all KPMG professionals. This increase in salaries embodies our commitment to quickly recognize the value our people create for our clients and firm in times of change. Moreover, it reflects our appreciation for their resilience and consistent dedication to serving our clients and the capital markets with quality.

A central lesson of the past two years for leaders is the need to be flexible and agile – without hesitation – in making bold changes. Organizations are in competition for business, capital, technology, and the hearts and minds of the communities in which they operate.

We know from our research that CEOs across the U.S. are focused on their employee value proposition and view it as the top operational priority to achieve growth objectives. We agree, and, in fact, our compensation announcement comes just months after historic fiscal year-end raises and bonuses, and a refreshed Total Rewards benefits package that empowers our people to navigate the challenges of work and life.

Stepping back, we remain focused on prioritizing our people across all our key initiatives so they can best harness their passion and talent to grow as professionals and deliver unparalleled client service.

• Our diversity, equity, and inclusion ambition defined by Accelerate 2025 sets our plan to make measurable progress and make sure all our people thrive.
• Our $1.5B global investment in expanding our ESG capabilities focuses on training each and every one of our professionals to enable our clients and our business to fully embed ESG into our strategy and day-to-day.
• Our hybrid future reflects hundreds of conversations with employees and focuses on a bottom-up approach to define how an individual, a team, and a business works.

Our people’s response to the pandemic showed their power, and as we move forward, we will continue to invest in their ability to drive our business forward.

I continue to be inspired and humbled to lead this amazing team of 35,000 people, and look forward to seeing how all of you – and the many that will join our firm in the years to come – continue to put people first and grow on our journey Together, For Better.