October 31, 2020

The Fortune 100 Best Companies to Work For: KPMG #32 (2020)

First off, congrats to KPMG for actually beating Deloitte and PwC at something. And congrats, Klynveldians, for your favorite firm moving up four spots from last year’s Fortune 100 Best Companies to Work For list.

KPMG celebrated KPMG by putting out this over-the-top KPMG video on social media:

Here’s one thing I thought of when I saw KPMG at #32 in this year’s F100BCTWF: Might the firm finish higher in 2021’s ranking now that the Lakehouse (aka Kamp KPMG) is up and running? Did Deloitte’s popularity in Fortune’s annual list soar when Deloitte University (aka DU, Deloitte Disneyland, Deloitte Delta Chi) opened in 2011?

I went back into Fortune’s archive to see if Deloitte’s ranking improved after DU opened its doors. I started with 2011 and looked at the following three years’ F100BCTWF lists to see where Deloitte placed. Here’s how Deloitte did:

  • 2011: #63
  • 2012: #67
  • 2013: #47
  • 2014: #61

So, other than jumping 20 spots from 2012 to 2013, having DU didn’t really help Deloitte’s ranking. I guess having a gigantic fraternity/sorority house masquerading as a training and development center doesn’t carry much water with Fortune’s editors.

Previous ranking: #36. Here’s why KPMG made this year’s ranking, according to Fortune:

This year has been one of transition for KPMG, with U.S. chairman and CEO Lynne Doughtie announcing that she won’t seek a second term and will end her leadership of the professional services firm in June 2020. The company continued to distinguish itself, from the perspective of employees, this year through its perks: student loan debt repaid up to $1,200 a year for each early career employee; health insurance; 36 paid days off each year, on average, for both full- and part-timers; and other benefits.

For whatever it’s worth, KPMG had an average ranking in the F100BCTWF of 30.4 during Doughtie’s tenure as chairman and CEO, with a high of #12 in 2017 and a low of #43 in 2016.

Stats of note:

  • Employees: 34,583
  • Number of job openings: 2,025 (as of February 2020)
  • Percentage of job growth: 7%
  • Number of new graduates hired: 3,464
  • Percentage of women: 44.7%
  • Percentage of minorities: 33.4%
  • Most common salaried job: N/A
  • PTO limit (days): 34
  • Number of sick days: N/A

So good job, KPMG, on having a decent ranking in this year’s Fortune list. Things could definitely be worse. Like 2013 worse.

Related articles:

The Fortune 100 Best Companies to Work For: Plante Moran #21 (2020)
The Fortune 100 Best Companies to Work For: EY #25 (2020)

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