We are adapting our approach to workforce management and career paths within KPMG N.V.. This is to ensure we can attract highly-skilled professionals in line with our strategic growth areas – so we can continue to support the growth of our clients and that of KPMG.
Regarding talent attraction, we hired 869 new people in 2022/2023, a decrease on the previous year of 18%. This effect is a combination of growth of our delivery centers abroad and less market demand in certain areas of Advisory. Hires were made across the business – though we specifically increased recruitment targets in Assurance. In future, to meet client demand, we will continue our focus on different skill profiles, and we will intensify talent attraction efforts for ESG and STEM[1] specialists, technical engineers and IT solution architects. During the year, annual retention rates remained high, aided by improved learning and development opportunities, extensive well-being programs and a strong focus on culture – resulting in growth of our overall headcount, despite the decrease in new hires.
For comparison reasons the 2021/2022 figures have been restated, see Restatement of prior year figures.