Spring Budget 2017: KPMG hails Government fund for female returners

KPMG hails Government fund for female returners

KPMG Vice Chair Melanie Richards has welcomed the news that the Government will create a fund for women looking to return to work after a career break.

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Responding to the announcement from the Chancellor today, KPMG's Vice Chair Melanie Richards said:

“It is especially heartening to see the Government choose International Women’s Day to pledge its support for an initiative that we believe can deliver real change.

“Our own research, conducted on behalf of Vodafone to coincide with the launch of its Reconnect scheme which will see 1,000 women returners hired across the world, estimates that there are more than 96 million skilled women globally aged between 30 and 54 currently on a career break, 55 million of whom are already at middle manager level or above.

“In the UK alone, we possess a huge pool of experienced female talent standing ready to return to work, and it is great to see our Government take the lead in encouraging more businesses to engage with them.”

According to Melanie Richards, the next stage is for businesses to follow the lead and launch their own schemes to support the new Government initiative.

“Following the launch of the KPMG Return to Work scheme last year, the women returners who have joined us have brought enthusiasm, decades of experience and a welcome fresh perspective on how we do business and bring value to our clients.

“This is an untapped resource of talented, high-calibre individuals, who are motivated to return to work. For larger businesses, schemes such as ours can deliver real competitive advantage. For smaller firms, simply taking a moment to consider someone who has a gap in their CV could mean employing a talented, experienced returner and reaping the benefits for your business.”

Ends

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For further information please contact:

KPMG Press office

Tel:  +44 (0) 207 694 8773

Louis Clark, KPMG Corporate Communications

Mobile: 07770 644 382  

Email: Louis.Clark@kpmg.co.uk 

About KPMG

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 13,500 partners and staff.  The UK firm recorded a revenue of £2.07 billion in the year ended 30 September 2016. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 152 countries and has 189,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such.

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