Key components of KPMG’s flexible benefits
1. Flex time and flex place. Flex time means employees may work 8 to 4, 7 to 3, and so forth. Flex place implies the employee could in fact be home a day or two each week and still be able to perform their job responsibilities. If the employee can access the company database and has a computer, phone, and fax, they can be productive from home.
2. Reduced hour schedules. This is one of the company’s best-used, most-valued benefits. The minimum commitment is half time. The employee could work full time during the busy season but cut back the other seven-to-nine months. Others might work a half day each day.
3. Adoption reimbursement. Anyone who adopts a child is eligible for two types of adoption reimbursement. Legal processes are reimbursed up to a maximum of $2,500. If you adopt a child, the company will also pay the birth mother’s expenses, which they will re-imburse up to $2,500. (One couple, both of whom worked for KPMG, adopted twins from Hungary. They ended up with a total of $20,000 in reimbursements.)
4. Counseling services. These include referral services, elder care, child care, and an EAP.