All the 40,000 client services employees of PwC in the US will be able to work from anywhere they want forever after the firm’s June announcement of the same option for all its 20,000 UK employees in the future, according to a recent report by Reuters.
PwC's deputy people leader, Yolanda Seals-Coffield, said in an interview with Reuters that the firm was the first in its industry to make perpetual work from home available to client services employees.
The firm's support staff and employees in non client-facing functions such as human resources and legal operations have already had the option to work virtually full-time, the report says.
PwC employees who opt to work from anywhere still have to come into the office a maximum of three days a month for in-person appointments such as critical team meetings, client visits and learning sessions, Seals-Coffield was quoted as saying.
"We have learned a ton through the pandemic, and working virtually, as we think about the evolution of flexibility, is a natural next step," Seals-Coffield was cited as saying.
However, location does factor into PwC employees' pay, according to the report, adding that employees work from a lower-cost location would face pay decrease.
Alphabet Inc's Google recently also said in August that employees might also face pay cut as high as 25% depending their chosen virtual work locations.
PwC said the new virtual work option is a policy to retain and attract talent and become more diverse, according to the report.
But partners at PwC whose team members opt to work regularly in the office will not be allowed to adopt work-from-home fully, the report adds.