PricewaterhouseCoopers (PwC) is offering incentives to its employees in the US to take time off from work and go on a vacation. The auditing and accounting firm will pay an additional $250 to its staff for every 40 hours of vacation time they use. This incentive is hoped to encourage staff to take a break.
While the Company has already given increments to its staff in January, it plans to offer another round of increments in July. It will also restore bonuses to pre-pandemic levels.
The employees will also receive an additional one week’s pay at the end of April, in appreciation of their contribution to the success of the Company.
The Company has been trying to gauge what its employees want. It undertook a survey about nine months ago, to find out what their primary concerns and issues were. Many employees had expressed their desire for hikes and vacations, while others wished to focus on the well-being of the self post the pandemic.
For those desirous of improving their own wellbeing, PwC has offered free access to an app called Ginger, which offers mental healthcare services, including coaching sessions and video therapy on demand. A significant 15 per cent of the workforce is already making use of the app.
In the UK, PwC staff have been allowed to go home early on Fridays. It has promised them more flexibility post reopening of offices.
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