Accounting and consulting firm PwC has decided to permanently allow its 40,000 client-service employees in the US to work remotely from anywhere.
PwC’s new policy will allow most of its 55,000 US employees to work virtually if they wish. The company’s support staff and employees were previously allowed to work almost full-time in areas such as human resources and legal.
The remote-work policy is a tectonic shift from the accounting industry’s traditional work culture that encourages people to work overtime and work late nights in the office.
“We believe we can manage hybrid teams,” said PwC Deputy People Leader Yolanda Seals-Caufield, claiming that the firm was the first in the accounting industry to provide full-time virtual work for client-service employees. .
Ms Seals-Caufield stressed that employees who choose to work virtually must come to the office a maximum of three days a month for appointments, customer visits and team meetings.
However, employees who choose to work almost full-time from a low-cost location will be subject to a cut in their wages, he said.
Alphabet Inc.’s Google also determines employees’ salaries based on their location, who are subject to lower incomes with those working from home.
“We have learned a ton through the pandemic, and working virtually as we go about developing resilience is a natural next step. If you are an employee in good standing, into customer services, and want to work virtually, you can do full stop,” Ms Seals-Caufield was quoted as saying by Reuters.
According to Ms. Seals-Caufield, PwC’s research suggested that 30 to 35 percent of its qualified employees would take the firm up on the offer.
In June this year, PwC said it would hire 100,000 people over the next five years in jobs that would help customers report on diversity and climate. The firm currently employs 284,000 globally.
Other accounting firms such as Deloitte and KPMG have also given their employees the option of working remotely amid the COVID-19 pandemic.
Deloitte chief executive Richard Houston said the firm’s 20,000-strong workforce will be able to choose when, where and how they will work in the future.
Credit: www.independent.co.uk /