LONDON – The global accountancy firm KPMG United Kingdom chairman has apologised for telling staff members to stop moaning about working conditions during the coronavirus pandemic.
“I am sorry for the words I used, which do not reflect what I believe in, and I have apologised to my colleagues,” UK chair Bill Michael said in a statement today.
“Looking after the well-being of our people and creating a culture where everyone can thrive is of critical importance to me and is at the heart of everything we do as a firm.”
The Financial Times (FT) reported that during a virtual meeting on Monday, members of KPMG’s financial services consulting team told Michael about their concerns over potential cuts to pay and the ranking of individual performances.
Michael told them to “stop moaning” and stop “playing the victim card”, according to FT, which cited employees.
KPMG, along with Deloitte, EY and PWC, form Britain’s so-called Big Four accountants that are set for a shake-up.
UK authorities want the industry to separate audit and consulting activities, while increasing oversight and competition following allegations of malpractice. – AFP, February 10, 2021
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