Number of the Day: 59%

While not public accounting specific, that is the percentage of top performers who had their promotions postponed within the past year due to the Rona pandemic, according to the results of a recent Robert Half survey.

So as a result of not being able to drink that sweet promotion juice, 38% of professionals surveyed said the pandemic has contributed to their careers hitting the proverbial wall. Hard.

According to Robert Half:

Workers experiencing a stalled career reported feeling stuck when it comes to:

  • Salary growth: 54%
  • Career advancement: 47%
  • Ability to grow their professional network: 47%
  • Skills development: 44%

And some professionals shared that they’re ready for a career move: Nearly 1 in 3 respondents said they had a shift in perspective due to the pandemic and want to pursue a more meaningful or fulfilling job.

No wonder people are leaving public accounting like rats off a sinking ship.

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