The Next Baby Boom: The Millennials become parents Barbara Wankoff

Boston College Roundtable

April 28, 2016

2 © 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

KPMG LLP

KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S.

member firm of KPMG International Cooperative (“KPMG International”). KPMG

International’s member firms have 174,000 professionals, including more than

9,000 partners, in 155 countries.

3 © 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Inclusive Culture

Ultimately, a diverse and inclusive culture spurs innovation and

drives growth because it attracts and empowers top talent who

can be true to themselves and release the fullness of their

creative energies.

─ Lynne Doughtie

Chairman and CEO

4 © 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Work/Life Programs and Resources

Lactation Program

LifeWorks®

New Parent

Career Coaching

Maternity

Leave – PML

Guide

Parental Leave

Phased return

from Leave

Elder Care

Formal Flexibility Informal

Flexibility

Backup Care

Care

Advantage ®

Adoption

Childcare

Discounts

Time off

MyLife

Benefits

Enhanced New Parent

Support

Discounts

New

Parent’s

Guide

Maternity

Leave MSO

MyLife Overview

6 © 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

MyLife Website

7 © 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Enhanced New Parent Support

8 © 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Adoption & Maternity Leave

Birth Mothers’ Paid Time-off 2

Other Caregivers Paid Time-off 3

Adoption Reimbursement & Paid Time-off 1

Variable Compensation Protection Policy 4

9 © 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Paternity and Maternity Leave

New Fathers…

2014 2015

Total # of New Fathers

946

Total # of New Fathers

899

# % # %

who take parental leave 618 65% 605 67%

average weeks taken 2 weeks, 1 day ~ 2 weeks, 1 day ~

New Mothers…

2014 2015

Total # of New Mothers Total # of New Mothers

# % # %

who take parental leave 425 100% 529 100%

average months taken 3.3 63% 3.4 61%

10 © 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Lactation Program Hospital Grade Pump

Executive Travel Kits

Consultative Calls

Access to 24/7 consultation

Transition back to work

How will I be able to

continue breastfeeding

when I return to work?

Where will I store my milk?

What will I do when I am at

a client site or traveling?

11 © 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

New Parent Career Coaching 5 hours of confidential 1:1 coaching

Navigate the challenges of parenthood

and the impact on life and career

Identify self-sabotaging behaviors &

challenge perceived limitations

Build an action plan for overcoming

concerns & barriers

Craft solutions to remain engaged and

committed at work & home

How am I going to juggle

it all?

I just end up feeling guilty all

day – I’m not giving 100% at

home or at work.

I can’t seem to focus now

that I’m back at work.

Maybe I should just quit.

12 © 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

New Parent Career Coaching Utilization

First Full Year

New Mothers % Access

Coaching

Average

number of

sessions

419 12% 3

13 © 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

New Parent Career Coaching Feedback

“The coaching sessions have been great. They’ve been real moments of

calm that have allowed me to successfully bridge home and work during

times when both were changing/had changed tremendously. Coming out

of the sessions, I’ve felt better prepared to navigate potentially

challenging situations, mostly through thoughtful communications and

planning.”

14 © 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Time Off

Paid Time Off 2

Sabbatical Program 3

Holidays 1

Other Types of Leave 4

15 © 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Back-up care

“Back-up care provides me

with the ability to meet my

client and professional

commitments while

ensuring my children are

cared for. It is a HUGE

benefit for me.”

16 © 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

100 Reasons We’re the Best

“Flexibility! Having had a new baby recently, my wife

and I realized soon how flexible my bosses, peers

and the HR policies were to help not just my wife but

me as well ensuring that I could maintain a healthy

work-life balance and focus time on the new baby in

addition to delivering high quality client work.”

“KPMG is a great place to work for so

many reasons. I love our Jump Start

Fridays because it gives me a little

more time to spend doing what I'm

passionate about… volunteering!”

“Empowerment, involvement and

networking through Diversity and

Inclusion #100Reasons.”

“At KPMG, the only obstacle to success is yourself. A

recent birth in the family resulted in complications.

Thanks to our generous PTO policy, I was able to

take 2 weeks to provide support. So grateful!” Karen

J Riddle

Questions

© 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of

independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity.

All rights reserved.

The KPMG name and logo are registered trademarks or trademarks of KPMG International.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular

individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such

information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on

such information without appropriate professional advice after a thorough examination of the particular situation.

kpmg.com/socialmedia