First off, we can’t remember the last time BDO graced these pages twice in one day. You’d think something would come out of B to the D to the O more often but whatevs. BDO 2.0 today is a little bit of good news for the firm in the form of an exclusive spot on an obscure “Best Places” list.
God forbid our lives be devoid of a ranking in the last half of May but since it’s graduation season and there are some job hunters out there that need to start paying back school loans and credit cards debts, perhaps the timing isn’t so bad. A list we might add, that did not previously have an accounting firm on it. Progress people. Progress.
BDO shattered the glass ceiling on Experience’s “Best Places to Work for Recent Grads” that “picked 20 organizations whose entry-level hiring and retention practices are exceptional.” The list is specifically aimed at those companies that are hip to the Gen Y crowd, although we don’t really know any “recent grads” list that wouldn’t be.
Regardless, BDO has some decent company on the list that includes Accenture, Kellogg’s and Morningstar but BDO is the sole accounting firm. The fact that not a single accounting firm (let alone a Big 4 firm) is on the list is a travesty of the highest order. We then realized that the list’s very nature is severely flawed.
It’s too short. Any employer list with less than 50 companies on it simply cannot be taken seriously.
And since there were no accounting firms on last year’s list, this might as well have been random list of companies thrown together for the sake of keeping communications professionals busy.
This year, the Experience folks must have recognized their gross error and that since no employer list could be taken seriously devoid of a professional services firm. Not wanting to make it too complicated, BDO’s inclusion be probably chalked up to an alphabetical advantage.
Best Places to Work for Recent Grads [Experience]
BDO Press Release
That ESOP interest rate dragging on things?
Yeah blame leadership and old greedy partners who wanted to get bought out right away for that idea
You nailed it.
Good for BDO! Leaders in general dread these parties as the stupid get together and ruin the experience for the well-mannered. I am fine in the managers and partners have a Holiday party and the Associates have their own pizza party. The associates take leadership for granted and have no utter clue how to critique leadership. Word to the 2nd year associate: keep your trap shut until you can think outside your own skin.
Keep practicing that English
I think the bigger deal here is cancelation of travel and small perks like coffee. I get that it gets abused at times, but this just such a PE thing to do. Cost cutting at its best ( or worst). Holiday party – this is less about the party and more showing your people that they don’t matter.
P.S. to Anonymous on August 30, 10:01am – please use proper English. Otherwise you are just a troll and not a good one either.
Damn what grinch!
Wow, old guard “leadership is better than you” and “let them eat pizza while partners get six figure bonuses” mentality alive and well in you. Tell me you have zero respect for employees without telling me you have zero respect for employees. And by the way, those employees are the reason management gets bonuses, just a reminder.
How much of their total expenses are these items? Are they just trying to bump the bottom line for a sale? BDO seems to have been very quiet on the M&A front after going gang busters pre covid.
I’ve been told by partners/ex-partners it’s nigh impossible to do big M&A transactions with the ESOP arrangement they currently have with Apollo and that’s why there hasn’t been much on that front. That happened in 2022.
How about laying people off on promotion day?? That was a new one
Hearken, good folk, to this most solemn jest! Henceforth, all wanderings not in service of our noble clients are cast into exile. Cancel thy pilgrimages, yea, even those sworn by calendar’s ink, and let thine image flicker in virtual halls instead. Out-of-hall merriments, save they be graced by client or prospect, are banished to the shadow realm! Group coffees? Nay! Breakfasts? Fie! Gather not, lest thou summon the wrath of yon auditors. And as for Yuletide revels—alas, poor merriment! I knew thee well. No holiday feasts shall deck our halls this year; hang up thy mistletoe and drown thy sorrows in spreadsheets!