Huge 4 agency KPMG introduced an almost $160 million funding in wage will increase Tuesday, growing pay for roughly 30,000 staff.

The transfer was introduced by KPMG U.S. chair and CEO Paul Knopp in a LinkedIn put up titled “Investing in our individuals.” The pay bump, Knopp wrote, acknowledges the challenges and adaptableness of agency employees over the past two years.

“This improve in salaries embodies our dedication to shortly acknowledge the worth our individuals create for our purchasers and agency in occasions of change,” Knopp wrote. “Furthermore, it displays our appreciation for his or her resilience and constant dedication to serving our purchasers and the capital markets with high quality.”

KPMG beforehand introduced compensation and profit enhancements final October, once more in recognition of hardships throughout the COVID-19 pandemic. These included a 10% discount in worker well being care premiums, a brand new 401(okay) plan and 12 weeks of paid parental depart, amongst different enhancements.

“Our individuals’s response to the pandemic confirmed their energy, and as we transfer ahead, we’ll proceed to spend money on their capacity to drive our enterprise ahead,” Knopp added within the LinkedIn put up.

Learn the complete announcement on LinkedIn right here.

The places of work of KPMG in Chicago


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