CPA Practice
APRIL 25, 2024
“Firms have to pay quality talent what they are worth or expect to lose them. Your firm is in a compensation competition for the best talent with many professions—not just accounting. Salary acceleration paths need to be implemented.” There is no ‘one size fits all’ approach,” the report says.
Going Concern
APRIL 6, 2022
As you’re about to see from the salary reports we’ve shared with you over the past few months those rumors are in fact true. Often forgotten in any discussion about COL is the lower end of that but don’t worry, we looked at projected salaries for eight medium cost of living cities as well. Photo by Andrea Piacquadio.
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Going Concern
FEBRUARY 8, 2023
As CEO of a staffing firm that connects companies with professionals in Mexico, every day I speak with accounting firms, CFOs and other executives looking to hire accountants and other financial professionals in the U.S. Accounting Talent Crunch? team with professionals based in Mexico. MX$150,000 is $7,908 USD.
Going Concern
NOVEMBER 8, 2023
“It’s not uncommon for an accounting firm to require their lower-level staff, up to four or five years and even after that, to work 80 or 90-hour weeks.” 2News : “I think that our profession really has abused those at the entry level and discouraged them from coming into the profession,” he said.
Going Concern
MARCH 31, 2023
Big 4 EY Fails to Reach Deal on Split [ Wall Street Journal ] The unexpected revolt that has upended the planned breakup of accounting firm Ernst & Young is being driven by two longtime U.S. auditors who believe their part of the firm could end up weakened by a deal. People did not enjoy that.
Going Concern
DECEMBER 31, 2022
Here’s Everything We Know So Far About 2022 Accounting Salary Projections. This line from the Alliance Resource Group 2022 Accounting & Finance Salary Guide about sums things up: While pay raises are returning to pre-pandemic levels across all industries, rising prices mean higher salaries may not keep pace with inflation.
CPA Practice
OCTOBER 3, 2023
Competition for experienced talent is also an issue, as many public accounting employees leave for corporate jobs with more manageable workloads. Successful strategies for landing skilled accountants include offering competitive salaries and allowing staff to work from home at least a couple of days per week.
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