PwC India to invest ₹600 crore in people development in next 3 years
The Hindu
PwC said it would invest ₹600 crore on the development of Indian employees through its new People Experience Framework
PwC India on Monday said it would invest over ₹600 crore in the next three years towards the holistic growth, development and well-being of its employees in the country.
The past three years have had a dramatic effect on people, and as a result, individuals were now reassessing what they want to do and how they want to work, the consulting firm said in a statement.
Appreciating this fundamental workforce shift, the firm said it would invest ₹600 crore through its new People Experience Framework, where its people would be able to experience infinite opportunities.
Sanjeev Krishan, chairperson, PwC in India, “Our new People Experience Framework will bring in an increased emphasis on growth and development, customised rewards, benefits and well-being that are stitched into our daily experiences, and where we have the flexibility to support our people as their lives and needs shift over time.’‘
“PwC was wanting to enable limitless possibilities and infinite experiences for its people and the firm was in the process of facilitating ease of working for its people by creating an enabling ecosystem that invests in digital and technology to simplify how people experience processes,” he added.
The new people framework will enable employees to gain access to personalised opportunities that allow them to live their lives how they want to, including meeting the needs of their families, and finding work that aligned with their purpose and values, according to PwC.
PwC India has also announced a non-residential executive MBA programme for regular full-time employees up to the Director level, wherein the firm will sponsor 75% of the course fees for employees (up to ₹10 lakh per person). In addition to this, sponsorship of self-initiated learning certifications has been increased to ₹1 lakh from ₹30,000 earlier, as per the firm.