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KPMG’s ‘Network of Women’ cuts turnover of female staff

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in Best-Practices Leadership,Career Management,Leaders & Managers,Workplace Communication

Nearly 80 percent of the female employees at New York-based KPMG think it’s a great place to work, up from 63 percent in 2004, a company survey shows. And, even more importantly, turnover among female KPMG employees has declined 22 percent since 2003.

Sandra Bushby, director of women’s initiatives, says that’s because of the firm’s “Network of Women.”

The KPMG Network of Women, or KNOW, helps female employees with professional development and gives them a forum for feedback.

The 52 employee-run KNOW chapters invite speakers in to address issues concerning leadership and the advancement of women. For instance, they moderate seminars on work/life balance and parenting.

Sometimes the women invite their clients to the events, which are attended by employees at all levels in the company—male and female—who are encouraged to bring their spouses. The result: a cross-company networking opportunity for anyone who attends. Note: About 48 percent of KPMG’s 20,000 U.S. employees are women.

Contact: Sandra Bushby at (201) 307-7236.  

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