Denny keeps it pretty vague but we’re guessing he’s not talking about serving as captain of the Delta Chi beer pong team. If you’ve got other ideas on “special,” discuss in the comments.
[WSJ via FINS]
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Better Learn to Like that Intern
Time to give a little love to everyone’s favorite prank victims, the interns. The word on the street is that this year’s dinner delivery specialists at the major firms will serve as the major pipeline for next year’s fulltime hires.
According to our source, next year’s budgets for much of the audit, tax and advisory service lines for the Big 4 will be met if all of this year’s interns accept their offers. And unless they’ve all suffered serious brain injuries, we’re guessing they’ll be accepting those offers.
More, after the jump
What hell does this mean? Well, in years past, the firms have had large budgets to go back to campus and hire additional new staff in addition to the offers that they made to the crop of interns from the previous year. And just like merit and bonus pools, the hiring budgets have shrunk to the point of the absolute bare minimum. Why? Because no one is jumping from the sinking ship like in years past.
So for you interns out there, it sounds like if you’ve got an internship you better learn to love that firm because if you decide it sucks, finding a fulltime gig at another Big 4 firm will be next to impossible.
Going Concern Wants Your Schwag
Keep your pants on, folks – we’re talking Post-its, t-shirts, and whatever else you got your grubby hands on at this season’s campus recruiting events.
Career fair season is in full swing and many of you have already met with the firms’ campus recruiting teams, waited in line for hours to shake the sweaty palm of a 1st year associate, attended countless Powerpoint-heavy presentations.
u were bound to receive some goodies to go along with the “work-life is amazing here!” speeches. Professionals, I’m sure you hoarded the highlighters and page flags. Because I am pinned to my desk in Midtown and Caleb is busy eavesdropping on Denver coffee shop regulars, we were not able to travel to campuses this semester but we would still like to be kept up to date on the latest and greatest (and lamest) in campus recruiting schwag. Dig through those “green” bags from the career fair and share the accounting firm lovin’ with us.
What to share:
1. Mail us your extras. If you’ve got some great goodies you want to share with us, email Caleb for his address and put that shit in the mail. As a thank you, he’ll return the favor by sending you Going Concern schwag. Nothing says “too cool for management accounting class” like a Going Concern bumper sticker.
2. Take some pictures. Don’t want to part with that leaky coffee mug from Grant Thornton? Did you win a XXL winter PwC fleece at the University of Miami career fair but want to hold on to it “for when it gets chilly”? Send Caleb (suitable for work) pictures of the gear. Bonus points if the EY teddy bear is taking it to the KPMG stuffed puppy.
3. Tell us a story. Did something ridiculous happen at one of the recruiting events? Partners making out with interns? Intern on intern action? Did someone lose an offer because they had one too many flaming nipple shots?
For those of you worried about your privacy…
Come on now, it’s a moot point by now. It’s no secret that this site would not exist without the anonymous sources, tips, career advice questions, and cutthroat comments that you all provide every day. You make this place bearable, welcoming, helpful, and funny as hell.
Think about some of the stories that Caleb has covered here – PwC’s re-branding strategy, KPMG’s random hiring freeze, McGladery firings. Does he ever blow the top on his sources? Do I ever turn around and call the HR department of every firm who’s professionals reach out to us about looking for jobs? Ummmmm…no. We’re grown ups. We respect your decisions and appreciate it when they are relevant to a story for GC.com. You scratch our backs with tips, and we provide you and the rest of the industry an opportunity to sound off.
Why are we doing this?
We want to keep everyone up to date on how their potential bonus money is being spent on frivolous travel alarm clocks, obviously. That, and we thought it’d be fun – brainless, thoughtless, and not-as-negative-as-every-other-story-in-the-news-today kind of fun. Plus, we know that all recruiting efforts are not created equal. What is handed out in Chicago is not what’s thrown your way in Dallas. Do you really think Greendale Community College see the same hand-outs as Lehigh students? Hell no. Share the stories, share the free schwag lovin’.