Early January marks another edition of Fortune’s 100 Best Companies to Work For and unsurprisingly, accounting firms are littered all over it. If it were any other year, we could give a rat crap and would cover the list out of basic necessity. However, this year an interesting development has occurred – the highest ranking accounting firm is not a Big 4 firm. Now we realize that this may come as a surprise to you but P&M has been on the list for 13 straight years, topping out at 12 in 2006, so this is hardly a fluke.
Anyway, let’s get to the tape, shall we?
Plante & Moran – Previous rank: #66. Fortune informs us that good times have returned at P&M after a year off, “Employees cheered when the accounting firm reinstated its annual gathering, eliminated in 2009.” Also, the firm throws around busy season survival kits that include “aspirin, stress balls and candy.” No word if they help employees survive cranky spouses and kids but the line has to be drawn somewhere, s’pose.
Stats of note:
• New Jobs (1 year): -61
• % Job Growth (1 year): -4%
• % Voluntary Turnover: 9%
• No. of Job Openings at 1/13/2010: N/A
• Most common salaried job: Audit staff with average salary of $64,300
• % Minorities: 6%
• % Women: 54%
It’s interesting to note that the number of new jobs, % job growth and average salary are all down from last year, while % voluntary turnover is up and yet the firm jumped 40 spots in the ranking. Perhaps the leap is due to a HR policy change from last year: the firm now has a nondiscrimination policy that includes sexual orientation and offers partner benefits for same-sex couples. Regarding these issues last year, we said this:
The firm offers onsite child care during busy season but does not have a nondiscrimination policy that includes sexual orientation nor does it offer domestic partner benefits for same-sex couples.
We’re not saying the latter two reasons are why they fell from #12 but it might help them jump back into the top 50.
Not that we’d dream of taking any credit but could a positive change in human resources policy result in a forty spot jump, despite the salary and hiring stats being down? It certainly didn’t hurt. Discuss P&M’s minor upset and we’ll get to the rest of the firms in due course.
For crying out loud, this is what we’re talking about people. If you’re in the DC area, get your hungry hippo ass over to Kogan Plaza at The GWU on Thursday from 10 am to 12 pm. Accounting firms don’t skimp on this stuff so consider doing a jay before going and update us on how many you put away.
Any other firms feeding your faces with fried goodness on campus? Better get in on it while you can.
On a day like today, we never thought we’d be telling you about a firm actually spending money but color us surprised.
Deloitte will start issuing iPhones to partners, principals, and directors starting Monday, according to a tip we received and will be available to “eligible personnel on Monday, September 14.”
So the obvious question is who the hell is eligible? The trend seems that senior associates haven’t been getting squat so our money would be on the new hires getting the new
toys gadgets business tools in order to write down everyone’s order for take out but we’ll keep our fingers crossed for you SA’s.