News

Big Four Auditing Firms have incorporated New Employee Well-Being Initiatives

big-four-auditing-firms-has-incorporated-new-employee-well-being-initiatives

The Recent death of 26-year-old chartered accountant Anna Sebastian Perayil has alerted the Big Four auditing firms to incorporate employee-friendly measures. The Big Four auditing firms EY, Deloitte, PwC, and KPMG, firms are now focusing on the well-being of their employees. This is a response to the public concern over working conditions. They seek to address issues related to mental health, work-life balance and reducing stress in the workplace. Junior employees are given more support and attention by their seniors.

The organizations have launched wellness programs to promote mental health and encourage employees to share their stress issues. New complaint systems, including forums and meetings with management, have been established to gather insights on workplace pressures, highlighting a significant need for cultural change. Deloitte is working to improve employee well-being by forming an evaluation panel for internal processes. The CEO has set goals for high performance while prioritizing employee health through initiatives like “Back Benchers,” which allows time off, and a confidential counselling helpline.

Similarly, PwC supports employees with an AI tool that tracks concerns and ideas related to work. Regular counselling and health check-ups are required at some locations, and employees report reduced deadline pressures and increased senior support on projects. Overall, companies are embracing a healthier workplace culture, acknowledging the need for change. While challenges remain, the focus on mental health and employee voices marks a positive shift toward a better work environment.

Read More: 10 Tips for Maintaining a Positive Workplace Environment

Exit mobile version