DutchNews, Friday
12 September 2014
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| KPMG |
The aim is
to ‘win back the trust of stakeholders’, the company said in a news release on Friday. The plan was approved by partners at a closed meeting on Thursday.
In the new
set up, partners’ remuneration will be linked to 'the realisation of quality
requirements, the motivation of employees and client satisfaction'. Profit
shares will be spread out over several years and can be reversed if problems
come to light.
The current
bonus system is being scrapped and individual partners will only be rewarded
for ‘exceptional performance’. The management board will no longer be eligible
for profit sharing. They, instead, will have a fixed salary with a
performance-related bonus of up to 10%.
Future
KPMG is
also looking for new external candidates for its supervisory board, which is
currently made up of partners. Chairman Jan Hommen said the company 'wants to
take major steps right now, leave the past behind and build on a new future.
For our clients, for society and for our own people.'
KPMG
Nederland has been hit by a string of scandals in recent months, culminating
the resignation of chairman Jurgen van Breukelen in May.
Van
Breukelen had been in the firing line over possible tax fraud in connection
with the company's new headquarters in Amstelveen, bribery allegations and a
string of other issues at client companies.
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Chairman
Van Breukelen KPMG
resigns. (NOS/ANP)
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