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How PwC Invests in Employee Wellbeing and Retention

Nishita Masih by Nishita Masih
2 years ago
Reading Time: 2 mins read
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PwC, one of the world’s leading professional services firms, has announced that it will invest over Rs 600 crore towards the wellbeing and development of its employees over the next three years. The firm has launched a new People Experience Framework, which aims to provide its employees with infinite opportunities for growth, learning, and happiness. The framework is based on four pillars: wellbeing, career, rewards, and culture.

Wellbeing: PwC Cares for Its Employees’ Physical and Mental Health

PwC recognizes that the wellbeing of its employees is paramount for their performance and satisfaction. The firm offers various wellness programs and initiatives, such as health insurance, mental health counseling, fitness reimbursements, and flexible work arrangements. The firm also encourages its employees to take regular breaks, pursue their hobbies, and spend quality time with their families and friends.

PwC also supports its employees during challenging times, such as the COVID-19 pandemic, by providing them with financial assistance, medical care, and emotional support. The firm has also created a COVID-19 task force, which monitors the situation and provides guidance and updates to the employees.

PwC
PwC

Career: PwC Empowers Its Employees to Achieve Their Goals

PwC believes that its employees are its greatest asset, and invests in their career development and growth. The firm provides its employees with various learning and development opportunities, such as training programs, workshops, certifications, and mentorship. The firm also enables its employees to explore different career paths, such as switching roles, functions, or geographies, according to their interests and aspirations.

PwC also fosters a culture of innovation and entrepreneurship, and encourages its employees to share their ideas and solutions. The firm also recognizes and rewards its employees for their contributions and achievements, and provides them with feedback and coaching.

Rewards: PwC Offers Competitive Compensation and Benefits

PwC offers competitive compensation and benefits to its employees, which include salary, bonus, and incentives. The firm also provides its employees with various non-monetary benefits, such as recognition, appreciation, and empowerment. The firm also offers its employees with various perks and privileges, such as discounts, vouchers, and memberships.

PwC also ensures that its employees are fairly and equitably compensated, and that there is no discrimination or bias in the pay structure. The firm also regularly reviews and updates its compensation and benefits policies, to align them with the market trends and the employee expectations.

Culture: PwC Creates an Inclusive and Diverse Workplace

PwC creates an inclusive and diverse workplace, where its employees feel valued and respected. The firm promotes diversity and inclusion through various initiatives, such as employee resource groups, diversity training, and events. The firm also celebrates the diversity of its employees, and acknowledges their unique perspectives and experiences.

PwC also cultivates a culture of collaboration and teamwork, and encourages its employees to work together and learn from each other. The firm also fosters a culture of trust and transparency, and communicates openly and honestly with its employees.

PwC is committed to providing its employees with a positive and fulfilling work experience, and to retaining them for the long term. The firm’s new People Experience Framework is a testament to its investment in employee wellbeing and retention, and reflects its vision and values. The firm hopes that its employees will experience infinite opportunities and happiness at PwC, and will continue to deliver value to its clients and stakeholders.

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Nishita Masih

Nishita Masih

Nishita Maish is a senior content manager, blending creativity with strategic insight to craft compelling narratives that captivate audiences. With a passion for storytelling and a knack for digital engagement, she has elevated brands and content strategies to deliver lasting impact in the ever-evolving digital world.

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