Issue: September 2008
Best Way to Break Through the Glass Ceiling
KPMG knows the secret to retaining its female employees.
“KPMG’s Network of Women (KNOW) was launched to help women network, establish relationships and develop personally and professionally,” explains Nicole Hilbert, a partner in the audit, tax and advisory service provider’s Cleveland office, where nearly 50 percent of its workforce is female.
In the program, speakers discuss how to balance family and career goals. Networking events offer opportunities to socialize and share work experiences.
KNOW’s 2003 debut in Atlanta, Chicago and Dallas was so successful that KPMG expanded the program to 60 other offices, including Cleveland in 2004.
Since KNOW’s inception, Cleveland’s KPMG office has reduced its turnover of women by 30 percent. Firm-wide, the number of female partners jumped from 12.9 percent in 2003 to 18.1 percent in 2007.
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