Follow us on Telegram for the latest updates: https://t.me/mothershipsg Employees of KPMG in Singapore will be looking forward to their next pay cheque after the accounting firm committed about S$25 million to salary increments. As part of the move, starting pay for entry-level professional employees will increase by up to 20 per cent. In a May 19 press release, KPMG said that the majority of its staff in Singapore would benefit from the salary adjustments. The firm also announced that it would pay out “market-competitive bonuses” while splashing S$30 million on a “lifelong learning programme” for its 3,200-strong local workforce. Signalling the importance of staff Ong Pang Thye, managing partner of KPMG in Singapore, described the raises as the firm’s way of signalling to staff and stakeholders the “critical importance of professional services, auditors and advisers to the continued functioning of the financial markets”. “We do not take for granted the pivotal role that each employee plays in creating measurable change that betters life for countries, companies and communities,” he said. In addition, the firm called the pay hike “timely” given the increasing complexity of businesses, citing evolved tax and audit requirements, widening stakeholder expectations, and the need for deeper… Read full this story
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KPMG S'pore increases starting pay by up to 20%, commits S$25 million for staff pay raises have 304 words, post on mothership.sg at June 25, 2022. This is cached page on Search. If you want remove this page, please contact us.