Accounting firm PwC revealed it will allow all of its 40,000 U.S. client services employees to work remotely and live anywhere indefinitely.
The accounting industry has been known for its rigid work policies and long hours, but the pandemic seems to have warmed leaders up to the idea of increased flexibility.
“We have learned a ton through the pandemic, and working virtually, as we think about the evolution of flexibility, is a natural next step,” said Yolanda Seals-Coffield, deputy people leader at PwC. “If you are an employee in good standing, are in client services, and want to work virtually, you can, full stop.”
Those who choose to work virtually will still need to come into the office at the most three days each month for essential in-person meetings, client visits, and learning sessions.
However, although these employees can now live anywhere, their pay may see a decrease if they decide on an area that has a lower cost of living.
Seals-Coffield added that despite PwC’s research indicating that 30% to 35% of workers will likely shift to virtual arrangements, the company will not make any noticeable changes to its real estate footprint.
