Looking for a place that sees the beauty in diversity? Think big. With KPMG. Think big. About diversity. You’ll find diversity is big at KPMG—diversity of gender, ethnicity, ideas, lifestyles, professional insights, and personal perspectives. By valuing our differences, we make a big difference—in our work environment and to our clients. How big? Some examples. Face it. Diversity works. KPMG has recently won a number of awards for its efforts on behalf of diverse populations. By valuing differences, we make a big difference in the marketplace. BIG ON DIVERSITY NETWORKS BIG ON NABA AND ALPFA Over the past several years, KPMG has developed a number of internal networks to engage our diverse groups in career development. These networks help increase visibility of diverse people among the general workforce and enhance a feeling of inclusiveness between leadership and employees. KPMG is a corporate sponsor of the annual conventions of the National Association of Black Accountants (NABA) and the Association of Latino Professionals in Finance and Accounting (ALPFA). We provide financial support for these conventions and sponsor KPMG professionals to attend them. Many KPMG partners and employees currently hold national and local leadership positions in these organizations. To specifically advance the careers of African-Americans and Hispanics, KPMG’s new national African-American and Hispanic networks focus on personal development and mentoring. These national networks are the umbrella organization for our locally based diversity networks, including the African-American Network, the Hispanic-Latino Network, and AALA (African-American Latino Americans). Other networks that embrace KPMG’s diverse populations include: KPMG sponsors NABA and ALPFA student case study competitions that provide finance and accounting students with the opportunity to showcase their business, accounting, research, and presentation skills. • APIN (Asian Pacific Islander Network) • International Circle (for those engaged on an international assignment or considering one) • KNOW (KPMG’s Network of Women) • Pride@KPMG (gay, lesbian, bisexual, and transgender professionals) Avant garde. Angela Avant, a Risk Advisory Services partner in our Washington, D.C., office, is a lifetime member and past president of NABA. STRONG ON PROMOTING WOMEN Constituting nearly half of all new hires, women represent an enormous part of KPMG’s talent pool. To help women realize their full potential, KPMG formed the Women’s Advisory Board in 2003, charged with developing programs and initiatives designed to help support, advance, and reward women. One such program, KPMG’s Network of Women (KNOW), has been helping to foster women’s networking, mentoring, 1 and leadership opportunities in nearly half of KPMG’s U.S. offices. Further expansion is planned in the years ahead. Through meetings with women partners and seminars on topics like work/life effectiveness and flexible work arrangements (FWAs), KNOW has positively impacted more than 8,500 women. In addition, the Women’s Advisory Board and KNOW leaders have collaborated to develop high-profile events that further showcase the firm’s commitment to women. These have included lectures by such prominent individuals as Lois Frankel, author of Nice Girls Don’t Get the Corner Office, and Anna Quindlen, former New York Times columnist and Pulitzer Prize winner. BIG ON ACCEPTANCE, RESPECT, AND PRIDE A COMMITMENT TO PEOPLE WITH DISABILITIES KPMG was among the first in the industry to offer same-sex domestic partner benefits. And our nondiscrimination policy includes sexual orientation and gender identity. Over the past several years, KPMG has been honored for its efforts on behalf of persons with disabilities. In 2005 we received the “Corporation of the Year” award from YAI/NIPD (National Institute for People with Disabilities). In both 2004 and 2005 we garnered the “Making a Difference” award from the National Business and Disability Council for promoting employment opportunities for people with disabilities. endowment of the KPMG Frank K. Ross Professorship at Howard. The program is named for Frank Ross, a retired KPMG partner, Howard alumnus, and cofounder of the National Association of Black Accountants. BIG FIRM ON CAMPUS In 2005, KPMG became a sponsor of the annual conference of Out and Equal, an organization providing services and programs that promote equality for the gay, lesbian, bisexual, and transgender (GLBT) community. We were also one of the first of the Big Four to receive a score of 100 percent on the Human Rights Campaign’s Corporate Equality Index. KPMG has won numerous awards for our efforts in diversity and community service, including: Abilities, Inc./NBDC at the National Center for Disability Services, “Making a Difference” award American Cancer Society’s “National Team Program Recognition” award American Society of Women Accountants’ “Balance Award: Celebrating the Dimensions of Success” Asian Enterprise magazine’s “Ten Best Companies for Asian Americans” DiversityInc’s “Top 10 Companies for Executive Women,” “Top 10 Companies for Asian Americans,” and “20 Noteworthy Companies” Hispanic Magazine’s Corporate “100 Best Places for Latinos to Work” and “Top 50 Recruitment Companies” Human Rights Campaign Foundation’s “Best Places to Work” Human Rights Campaign Foundation’s “Corporate Equality Index” (100 percent score) National Fatherhood Initiative (NFI) “Fatherhood” award Black Collegian magazine’s “Top 100 Employers” Center for Companies That Care “2005 Honor Roll” volunteerism award ComputerWorld magazine’s “100 Best Places to Work in IT”, 2006 Points of Light Foundation award for “Excellence in Workplace Volunteer Programs” Working Mother magazine’s “100 Best Companies” YAI/NIPD (National Institute of People with Disabilities) “Corporation of the Year” award Since its inception, KPMG Foundation has given more than $150 million to support students, professors, and organizations across the United States. KPMG Foundation is also the cofounder and administrator of The PhD Project, which encourages minority individuals to pursue doctoral studies in business. The PhD Project also serves as a network of resources and peer support to minority doctoral students and faculty. Over the past decade, KPMG has been the largest sponsor of The PhD Project. Established by KPMG Foundation in 1994, the Minority Accounting Doctoral Students Scholarship Program provides financial support to minority accounting doctoral students across the country as they complete their degrees, move into teaching positions, and become role models for their own students. These scholarships, together with other efforts of KPMG Foundation, have doubled the number of minority PhDs in the classroom. Historically Black Colleges and Universities (HBCUs) typically graduate about 30 percent of all African-Americans earning business degrees, but far too few of these institutions have completed the all-important accreditation process offered by the Association to Advance Collegiate Schools of Business (AACSB). Through funding provided by KPMG Foundation, 22 HBCUs have started the accreditation process, and 12 are now AACSB accredited. KPMG is a proud sponsor of Howard University’s School of Business Executive Leadership Honors Program, which provides students with leadership training, mentoring, and a business case competition. The firm actively recruits majors in accounting, information systems, and finance who’ve earned a 3.5 GPA or above. KPMG Foundation is also providing financial support for ALL-DIVERSITY, ALL THE TIME Throughout the calendar year, KPMG celebrates its diverse populations with learning events, diversity posters, Web-based communications, and local office activities. These month-long diversity celebrations include: - Black History Month (February) - Women’s History Month (March) - Asian Pacific Heritage Month (May) - Older Americans Month (May) - Gay and Lesbian Pride Month (June) - Hispanic Heritage Month (September 15–October 15) - National Disability Employment Awareness Month (October) - National Work and Family Month (October) - American Indian Heritage Month (November) OUR AWARD CUP RUNNETH OVER 2 3 INTEGRITY IS HUGE HERE KPMG has always believed strongly in setting and maintaining high standards of integrity. To promote integrity and inclusiveness, KPMG requires all employees and partners to undergo Respect & Dignity and Diversity in the Workplace training. A BIG PRESENCE AT: - DC Pride Day - Hire the Disabled Career Expo - National Association for Asian American Professionals - Collegiate Career Fairs - National Council of Philippine American & Canadian Accountants AND AT EVENTS SPONSORED BY: - National Urban League A SPECTRUM OF DIVERSITY-FOCUSED MEMBERSHIPS - ALPFA/National Society of Hispanic MBAs KPMG maintains memberships—and plays a leading role—in various organizations focused on promoting diversity in accounting, including: - American Indian Business Leaders • INROADS, the minority student intern placement program (leads to KPMG hiring interns across the United States each year) - Hispanic Association for Career Enhancement - Diversity Career Group - Executive Diversity - Out and Equal - Professional Strategies LLC - Urban Financial Services Coalition - Women for Hire - WorkplaceDiversity.com The partners on diversity. How important is diversity to a firm? What are KPMG’s diversity networks doing to make a difference in the work environment? Here’s what a few of KPMG’s leaders had to say. • Minorities Initiative Committee of the American Institute of Certified Public Accountants • NABA (KPMG has been a sponsor since the organization was cofounded in 1969 by now-retired KPMG partner Frank Ross) ASIAN PRIDE Audit principal Manolet Dayrit heads the APIN (Asian Pacific Islander Network) in KPMG’s New York office. It was founded for a good reason: Asian professionals • ALPFA (KPMG is a member of the Corporate Advisory Board) • Consortium for Graduate Study in Management (KPMG is a member of the Corporate Advisory Board) In January 2005, the New York chapter held its first meeting, inviting more than 150 KPMG professionals of Asian descent. “The goals were to promote a sense of belonging, professional development, and informal mentoring; ultimately, to support, recruit, and retain Asian professionals,” says Dayrit. What’s the importance of diversity? “The world has become more global. We deal with multiple cultures. [A diverse workforce] gives us the opportunity, ability, and sensitivity to better respond to our international clients,” Dayrit says. “WE’RE ABOUT INCLUSION” Diversity at your fingertips. KPMG’s Diversity Web site provides information about all the firm’s networking and mentoring opportunities. It also includes a calendar of dates important to our diverse populations, such as birthdays of historical figures and annual celebrations (e.g., Gay Pride Day, Ramadan, and Kwanzaa). wanted it. “They were aware of the African-American and Latino networks. So they asked me to serve as sponsoring partner,” says Dayrit. 4 The first year’s calendar was filled with a variety of activities, ranging from cultural exhibits during Asian Pacific American Heritage Month, to summer picnics in Central Park, to becoming a founding sponsor of the National Asian American Society of Accountants (NAASA). This relationship with NAASA, says Dayrit (who sits on the board), is helping KPMG become involved in formal mentoring programs, which in turn assists the firm in identifying promising accounting students in New York City. Audit partner Aubrey Harrell is the co-champion for KPMG’s Atlanta Diversity Council. The council has established a number of networks to promote inclusion of all constituencies, including African-Americans, Latinos, Asian Pacific Islanders, and the GLBT community. Aubrey Harrell 5 meetings to develop and implement a strategy that aligns the networks’ goals with the firm’s goal to be a Partnership of Choice/Employer of Choice. Why the need for a national network when there are already similar networks at the local level? Says McGuirt: “This is a way to organize all our efforts—to establish a consistent framework, with consistent missions and consistent goals. Also, it demonstrates that leadership is truly serious about its commitment to create an inclusive work environment.” In addition, both are enthusiastic participants in the Association of Latino Professionals in Finance and Accounting (ALPFA). Speaking of his experience with the organization (“run like an accounting firm,” Miramontes says admiringly), “I was exposed to a talent pool that was eager and hungry to join the profession.” Fernandez adds, “Through ALPFA’s student business case competitions, we’ve identified the best and most talented well-rounded students” for the firm. Accountants need to be technical, he says, but they also need writing and other communication skills. ¡VIVA MIRAMONTES Y FERNANDEZ! “We’re focused on four primary areas,” Harrell explains. “Awareness and education, recruitment, retention, and professional development.” The ultimate goal, he adds, is a work environment that fully embraces diversity. “It helps us understand our differences, reveals our similarities, and capitalizes on our strengths.” To Harrell, diversity is not just goodwill but also good business. “From a business perspective, the strongest argument [for diversity] is that you need people from different backgrounds, genders, locations, and experiences in order to effectively serve our diverse client base.” And, he adds, “Clients are demanding diversity.” A NATIONAL COMMITMENT He was a speaker and instructor for the United Negro College Fund. He is an alumnus of KPMG’s celebrated Leadership 2000 class. And if you ask Milford Milford McGuirt McGuirt about his latest role—cochair of KPMG’s national African-American and Hispanic networks—the Atlanta audit partner is just as enthusiastic. “The purpose is to put a plan in place that will increase the retention and advancement of African-American and Hispanic employees into the partnership,” he says. “The initial focus will be at the senior manager/manager level, but eventually will be extended to more employees.” Partners Lou Miramontes and Manny Fernandez have several similarities. They’re Westerners (Miramontes is San Francisco’s office managing partner; Fernandez is the partner in charge of the Audit practice in Denver), they’ve had expatriate assignments in Spanishspeaking countries, and, most importantly, they’re thoroughly committed to diversity in the workplace. Both Miramontes and Fernandez head their Lou Miramontes respective offices’ diversity councils, which sponsor multicultural networking and social events. Miramontes also initiated KPMG’s Latino Partner Group, which Manny Fernandez holds quarterly conference calls to discuss efforts to retain and mentor Latino employees. Finally, Miramontes and Fernandez sit on the steering committees of KPMG’s new African-American and Hispanic networks, which focus on advancing the careers of Hispanic and AfricanAmerican professionals through networking, mentoring, and other programs. What’s the importance of diversity to Miramontes and Fernandez? “Our clients are diverse and they demand we be, too,” says Fernandez. “They want to see women and different ethnic groups because they bring different ideas and points of view to the table.” “We need to have a diverse workforce or we won’t meet our growth and related business goals,” adds Miramontes. ”You just can’t grow without diversity.” OUT AND PROUD San Francisco partner Tim Stiles and New York partner John Tantillo are two of the national leaders of pride@KPMG. The GLBT network is second only to KPMG’s Network of Women (KNOW) in membership. How important is an affinity group like this? Very. “GLBT people are out there in the workforce, looking for a job,” Stiles says. “We want to assure them that they are valued at KPMG.” The San Francisco chapter debuted in 2002, followed by the New York chapter, cofounded by Tantillo and Kristen Johnson, Advisory Services director. KPMG’s Dallas and Washington, D.C., chapters followed quickly. For the benefit of national coordination, Stiles says, a steering committee was formed and he became the spokesperson for the national network. Since its founding, the pride@KPMG network has maintained a full calendar of activities, ranging from networking and social events to direct outreach in the local community. “Our chapter helped clean up the AIDS Memorial Grove in Golden Gate Park,” Stiles points out. The San Francisco chapter has also conducted very productive joint meetings and seminars with San Francisco KNOW. The New York chapter, meanwhile, initiated its own monthly events, and in its first year experienced substantial growth, according to Tantillo. He and Johnson make a point of communicating regularly with other GLBT chapters throughout KPMG to gain new insights and ideas. High on the to-do list: networking with GLBT groups at other companies based in San Francisco and New York. . Why is diversity important to KPMG? “A diverse workforce is reflective of the communities we live in,” says Stiles. “Without it, you’re excluding all sorts of [GLBT] people who bring skills, perspectives, and life experiences that will benefit our clients and our firm.” Echoes Tantillo, “It’s all about attracting and retaining the best people.” McGuirt says the steering committee, chaired by Jack Taylor, Executive Vice Chair, Operations, will hold regular Diversity. It’s only natural. And it’s everywhere—in butterflies, flowers, and trees. Without diversity, nothing in the world succeeds. 6 7 IN THE KNOW KPMG’s Network of Women (KNOW) is the firm’s largest diversity network. So heading up a new chapter is a huge responsibility. Vicki Sweeney, Ethics and Compliance principal and Montvale, New Jersey, KNOW chapter cofounder, started on a high note. “We needed to launch the Montvale chapter Vicki Sweeney with something significant,” she recalls. “So Jennifer Murray [Montvale chapter cofounder] and I chose Anna Quindlen [former New York Times columnist and Pulitzer Prize winner] as our first guest speaker.” The choice was a wise one: Quindlen’s message seemed to resonate with every woman in the audience. Montvale KNOW followed the Anna Quindlen lecture with a year’s worth of professional development and networking events that “connected” with the needs of Montvale women, Sweeney reports. They also sponsored personal development and mentoring workshops, along with panel discussions featuring women who made their mark at KPMG, and who shared their real-world career advice. Naomi Wolf was selected as Montvale KNOW’s 2006 kickoff speaker. The bestselling author and social critic spoke on the topic of ethical leadership to an audience of approximately 200 women—and men. What’s in the works for KNOW? Programs to help women advance professionally, developed in conjunction with universities throughout the Northeast. “If there is a trend to opening leadership positions, we want to do whatever we can to ensure that women are always considered,” Sweeney says. Why is KNOW so important to KPMG? According to Sweeney,“If it gives women recognition for their contributions and helps provide them with the skills and confidence they need to move ahead at KPMG, that’s a big step in the right direction.” EMPOWERING WOMEN A PASSION TO DO MORE Busy women need a really good reason to take time away from their schedules. So before KNOW co-chairs Denise Sumner (Audit partner, Atlanta) and Melisa Denis (Tax partner, Dallas) proceed with an event, they assess it against several tough criteria. Tax partner Janet Wong is the co-chair of Silicon Valley’s KNOW chapter. What’s the reason she got involved with this diversity network? Passion. “After 20 years at KPMG, I felt a passion to help the firm retain more women and help them advance,” Wong explains. She feels the firm is moving in the right direction, having achieved a strong increase in the number of women in the partnership over the past decade. “Number one, does it help to develop the skills of KPMG women?” asks Sumner. “Two, does it Denise Sumner help us network with the outside community? And three, does it help to attract and retain women?” Both women are proud of what their chapters have achieved in just a few years. Sumner spoke of a Southeast Area Executive Women’s Retreat, an annual event where KPMG’s women partners and C-level women executives within the firm and from Atlanta-based clients such as UPS and Coca-Cola meet offsite to network and attend lectures by accomplished woman business leaders and authors such as Lois Frankel (Nice Girls Don’t Get the Corner Office). There are also regular seminars on such topics as leadership development and playing golf (KNOWing Golf), Sumner adds. “Knowledge of these things will help women personally and professionally,” she explains. And every quarter women from the Atlanta office are invited to lunch with the partners. Meanwhile, the Dallas KNOW chapter— KPMG’s first—has grown so exponentially, it is organized into four separate circles, each led by a partner or Audit or Tax managing director. The members of each circle determine the focus of their own events, which in the past have ranged from community outreach, to business etiquette, to networking with women’s groups at other organizations. “Women from many different levels and disciplines get involved, and that’s a good thing,” says Denis. “You get to see people you don’t see every day.” Why is diversity important to KPMG? “The clients we serve are diverse. They appreciate the perspectives women bring to engagements,” says Sumner. How does KNOW help? “A network like this is fundamental to retaining women,” Denis adds. “Women can feel they’re in a safe place and that they’re getting the experience they need to navigate to the next level.” “We’ve been able to Janet Wong hold one KNOW event a month here—on topics ranging from networking to work/life balance to dressing for success,” Wong adds. One of the most memorable was a half-day women executive’s offsite event, where author Lois Frankel was the guest speaker. Future plans for the chapter include networking with similar women’s groups at Bay Area companies such as Sun Microsystems and Cisco Systems. Why does Wong think diversity is important? “Just look at the environment. The world is diverse. We’re working with people who have families in India and China. The same thing holds true when you look at our clients.” And, she adds, “As a recruiter of tax professionals in the Silicon Valley office, I’m seeing that diversity shows no signs of slowing. For example, up to 50 percent of candidates are women majoring in accounting and finance.” THINK BIG ABOUT YOUR CAREER At KPMG you’ll get the chance to start contributing right away. We work with clients who deal with all the big issues—from international finance, to energy, to homeland security. You’ll have the chance to interact and team with KPMG International member firms worldwide. THINK BIG. WITH KPMG. Challenge? Yes. Opportunity to grow? Definitely. A diverse work environment? Absolutely. Whatever you’re looking for in a career, you’ll find it at KPMG— the Big Four audit, tax, and advisory services firm that helps you think big about your career. Your future. And your life. For details, visit www.kpmgcareers.com. And get ready to think big. Really big. 8 9 © 2006 KPMG LLP, the U.S. member firm of KPMG International, a Swiss cooperative. All rights reserved. Printed in the U.S.A. 060688 KPMG Affirmative Action, Equal Opportunity Employer, M/F/D/V. 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