Of the total sum, some $30 million is expected to “substantially benefit” staff up to the manager level.
KPMG in Singapore says it will be committing over $100 million to make salary adjustments, technology and learning for its over 3,500 employees over the next five years.
The salary increases will be for eligible employees across KPMG Singapore’s audit, tax and enterprise risk services effective from October. The salary adjustments marks the second increase in two years, says the consultancy firm. It also aligns with the latest developments for the profession including recommendations from the Accountancy Workforce Review Committee.
