KPMG Opens Massive 450,000 Sq. Ft. NYC Office, Boosts Collaboration
UPDATE: KPMG has officially opened a stunning new 450,000-square-foot headquarters in New York City, marking a significant step in its effort to enhance in-person collaboration among its workforce. The new office, located in the bustling Hudson Yards neighborhood, aims to bring back its 5,000 employees to the office more frequently, responding to evolving work trends.
As of November 5, 2023, KPMG’s CEO, Tim Walsh, emphasized that this new space represents a “strong recommitment” to their presence in New York, a city vital to their operations since the firm’s inception in 1897. “We’ve always been committed to New York,” Walsh stated, underscoring the firm’s dedication to reinvigorating its office culture.
The design of the office was heavily influenced by employee feedback, revealing a preference for round tables and collaborative spaces. This feedback was instrumental in shaping the overall layout and functionality of the office, which includes themed areas based on different New York neighborhoods, such as Upper Manhattan, Midtown, Downtown, and the Financial District.
KPMG has been at the forefront of the return-to-office debate, with 81% of its New York-based partners and employees reporting that they work in person about two days a week. This move aligns with a broader trend in corporate America as companies attempt to balance remote work with the need for in-office collaboration.
The new headquarters features dedicated spaces for meetings, collaboration, and even leisure, including a coffee bar that transitions into a full bar during the evenings, epitomizing the vibrant atmosphere of classic NYC establishments. “We want our employees to feel good about being here,” Walsh remarked, highlighting the intention behind the office’s design.
A standout feature of the office is the “Ignition” lab, a space designed for innovative problem-solving through client engagement. Employees lead sessions that utilize a human-centered approach to tackle complex challenges, reflecting KPMG’s commitment to integrating technology and collaboration.
KPMG has also integrated advanced AI tools into its operations, with the firm reporting that 90% of its employees actively engage with these technologies. Walsh noted that this AI transformation is essential for the firm’s future success, encouraging staff to leverage these tools for better productivity and collaboration.
As KPMG embarks on this new chapter, the headquarters not only serves as a physical space but also as a symbol of its commitment to evolving workplace dynamics. The firm is keenly aware that the success of this initiative will hinge on employee satisfaction and engagement.
Looking ahead, KPMG’s new headquarters is poised to be a hub of innovation and collaboration, showcasing the firm’s adaptability in a rapidly changing corporate landscape. The firm is set to monitor attendance and engagement through advanced tracking methods, ensuring that the new office meets the needs of its workforce as they navigate the future of work.
This development is not just about a new building; it’s about redefining how KPMG interacts with its employees and clients in a post-pandemic world. The message is clear: KPMG is committed to fostering a collaborative culture while embracing the tools of tomorrow.
For more details and updates, stay tuned as KPMG continues to reshape the workplace experience in New York City.
