The Big Four accounting firms—KPMG, Deloitte, Ernst & Young, and PwC—are resisting calls for full-time office work, opting instead for hybrid policies that provide flexibility vital for attracting talent. In contrast, companies like JPMorgan Chase are moving to eliminate hybrid options. The Big Four's flexibility aligns with industry trends, as younger workers prefer less rigid environments. Sandy Torchia from KPMG highlights the need for tailored approaches to different sectors of their business, while experts emphasize the necessity of adapting to the post-pandemic work landscape.
Something that works for our audit business might not work for our tax or advisory business, said Sandy Torchia, vice chair of talent and culture for KPMG US.
It's really about changing our mindset, right? And moving away from these legacy ways of how work was getting done-and really embracing the fact that, look, it's changed.
Younger workers are looking for organizations with less rigid work environments, said Mike DePrisco, president and CEO of the Institute of Management Accountants.
Hybrid work arrangements remain prevalent in the US's finance and professional services sectors, according to the monthly Survey of Working Arrangements and Attitudes data released in December.
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