In Shocking News, Millennials Are Working Harder Because Their Coworkers Keep Quitting
Feeling more burned out than usual these days? You’re not alone. Fast Company reported earlier this week that as the Great Resignation rages on Millennial workers in particular are feeling the burn: In 2022, most Millennials are in the peak of their careers, having amassed decision-making power in management and senior leadership roles. But as […]
Here’s Why the Millennials and Zoomers In Your Office Stink
If you’ve chosen to awaken from your work-from-home slumber and returned to your firm or accounting department, you may have noticed a foul smell coming from some of your younger colleagues. No, they aren’t reeking of entitlement (unless they work at EY). They are reeking of body odor. Lockdowns and social distancing have triggered a […]
Right or Wrong: Bill Michael Is No Longer KPMG U.K. Chairman Because He Didn’t Mollycoddle Millennials and Zoomers
After a roller coaster of a week that ended with the fall of Bill Michael at KPMG, it is time to don the forensics hat to determine how it went horribly wrong. The Titanic may have hit an iceberg, but where did Michael trip over his didgeridoo? Michael the F-bomber: Ben Marlow, a business columnist […]
3 Ways Millennials Changed the Accounting Industry with Technology
In the age of Instagram influencers and workplace beer gardens, millennials often get an unfair rap for communicating and working differently than their older office peers. While they may have grown up texting in lieu of talking and “dancing” with headphones at silent discos, like it or not, millennials are now the largest and most […]
Thanks to Millennials, PwC Now Knows Their People Want Lives Outside of Work, Have the Feels
The history of PricewaterhouseCoopers goes back to 1849 when Samuel Lowell Price set up business in London. Shortly after that, in 1854, William Cooper started his firm, which would later become Cooper Brothers. It’s hard to know what either Price and Cooper were thinking about back then other than outrageous blacksmith prices and how to […]
Accounting Firms Need to Change Their Approach to Managing Millennials, Or Else
With so many articles written about how to manage millennials, what’s wrong with millennials, etc., it’s easy to assume that there is something difficult about the millennial generation. Some say it’s the millennials’ fault for being so damn entitled and not showing respect for the “way things are done” while others say it is a […]
Accounting Firm Partners Impressed by Millennials Not Acting Millennialish
Sure, these millennials look like they aren’t doing anything. But these are just stock photos. They aren’t real life. In this column at CPA Practice Advisor, accounting firm consultant Marc Rosenberg writes about putting a bunch of partners into a room with a couple of millennial accountants and hilarity ensues when they all break out […]
Survey: Millennials Most Likely to Waste Time Talking Politics
A few weeks ago, we discussed whether or not discussing politics at work was a good idea. In general, it's ill-advised because voices get raised, names get called, feelings get hurt, threats get made and you can be damn sure nothing gets resolved. These discussions also have the tendency to drag on, so what might've […]
PwC’s Recruiting Never Sleeps
PwC loves millennials. There are countless examples to prove this. Bob Moritz sticks up for them in public. Tim Ryan has them over for Thanksgiving so they can avoid their families. They help them pay off student loans. They respect (but do not condone) stylish holes. They (allegedly!) discriminate against the olds. They do all […]
KPMG UK Succumbs to Millennials’ Bellyaching on Slow Recruitment Process
Millennials detest many things. This list of things would include: slow wifi signals; conventional produce, talking on the phone, check books, high fructose corn syrup, cars, shopping in a physical store, albums, coal, gluten, movies that don't stream on Netflix, being called a Millennial, and Millennial stereotypes, just to name a few. But perhaps one […]
Millennial Health Watch: Keep Extra Large Binder Clips Around, Just in Case
For the past few years, health experts have been warning anyone within earshot that all the sitting we've been doing will be the death of us all. In more recent health news pointed directly at soft and supple-handed white-collar professionals, your grip is being called into question: Young adults in the United States are losing […]
Millennials Just Want Some Peace and F’n Quiet at Work Already
Among the many stereotypes thrust upon Millennials is their overwhelming desire to be collaborative. For Millennial begrudgers, the sight of a chattering team of 20/30-somethings is like fingernails on a chalkboard. However! A recent survey from Oxford Economics found that actually Millennials would like everyone to buzz off so they could get some work done: […]
Your Average Millennial Probably Can’t Solve the Basic Accounting Equation
Are you feeling bad about yourself? Is it your looks? A crummy job? The lack of direction in your life? Professional failings? The sorry state of your personal balance sheet? Don't fret! Well, at least about the personal balance sheet thing. Whenever you're feeling blue, just remember that most people under 35 don't even know […]
Accounting’s Bootstrapping Martyrdom Complex
Personal finance blogger Bridget Eastgaard coined the term Bootstrapping Millennial Martyr in her blog about the rhetoric about the Yelp Employee speaking out about her cost of living struggles. The Twitterverse was clearly in two camps: The bleeding heart lefties: "Poor thing, the employers should provide a living wage to all employees." AND The hardcore […]
Tax Season Scares Millennials
A NerdWallet/Harris survey found that 80% of taxpayers aged 18-34 "are fearful about some aspect of preparing their taxes." That's the largest percentage of any age group. Millennials are also most worried about "leaving tax-refund money on the table" and "more likely than other age groups to ask key questions before hiring help." Here's some […]
Confidential to a Certain Deloitte CEO: Millennials Don’t Need Any More Emails
After pay, what's most important to young job seekers? Deloitte's Millennial survey says… https://t.co/SW0ddPwjMw pic.twitter.com/JP4nzI8yrC — Deloitte (@Deloitte) January 22, 2016 [via @ChrisHooper87, Earlier]
I Am a Millennial Accountant, and I Hate Accounting
Remember six months ago when I introduced my concept of the Accountapocalypse? We talked about offshoring, and the Rise of the Lifestyle Accountant. Your comments were both hilarious and thought provoking.
Survey: Performance Reviews Cause Millennials to Complain, Curse, Cry
A survey from HR service provider TriNet found that performance reviews cause all kinds of negative reactions from Millennials. I know, I can hardly believe it myself. Here's the rundown: 62% felt “blindsided” by a performance review. 74% feel “in the dark” about how their managers and peers think they’re performing. 47% feel that receiving […]
Bob Moritz Has Your Back, Millennials
PwC chairman and senior partner Bob Moritz spoke at the Detroit Economic Club yesterday and his message was simple: stop hating on Millennials. Sure, some of them might appear to be shiftless narcissists wielding selfie sticks while texting and driving, but maybe it's because you've been judging them from a distance: “If you engage your […]
PwC Wants All Your Millennials
Well, we better talk about this PwC loan assistance thing, hadn't we? For starters, it's a pretty unique perk. The Washington Post reports that only 3% of companies offer loan repayment, citing a survey from the Society for Human Resource Management. It's typically used to attract a particular type of employee such as teachers or […]
Do Any Millennials Want to Work at the IRS Non-ironically?
Hating the IRS is as American as baseball and capital punishment. This almost universal derision may be part of the reason the Service has such a hard time finding younger employees. Bloomberg reports that more than half of IRS employees are over 50 while only 3% are under 30, citing a recent speech by IRS […]
PwC Concludes Female Millennials Are Great For Vague, Pointless Research
Another day, another study, and this time it's yet again one of accounting firms' favorite target: the misunderstood Millennial. And female ones at that, oh boy! I bet this research is going to be compelling and fascinating and show us so much we don't already know about this misunderstood yet massive chunk of the workforce. […]
Just What We Need, Another Stupid Article About Millennials at Work
Kids these days!
Report: Millennials Are More Stressed Out Than the Baby Boomers They Stress Out
Millennials are leading the nation in stress according to a survey by the American Psychological Association. Fusion reports: The group’s annual Stress in America report found that millennials, which they defined as individuals aged 18-35, reported an average stress level of 5.5, compared with 5.4 for Gen X, 4.5 for Baby Boomers and 3.5 for […]
PwC Study: Millennial Women Find Companies Better at Paying Lip Service to Diversity Than Delivering It
As we're about to learn in the following tweet, sometimes expectations don't meet with reality. Is #diversity important to you? Join our #femalemillennial study to have your say: http://t.co/83WL88ixX6 #PwC pic.twitter.com/xXQ0urM60N — PwC LLP (@PwC_LLP) January 26, 2015 The way they phrase the infographic, one might assume respondents overwhelmingly chose diversity and inclusion […]
Kids These Days Trust the IRS More Than Olds Do
There are plenty of comparisons between flighty, mysterious Millennials and their generational predecessors, but this is a new one: Milennials (18-24) trust the IRS (73%) to enforce the law fairly more than people over 50 do (54-56%), says new IRS oversight board survey. — Richard Rubin (@RichardRubinDC) December 8, 2014 What do we make of […]
Deloitte Survey: Millennials Don’t Need Cars Because They Have Facetime
In the ongoing quest to understand mysterious Millennials (who, BTW, are in their 30s now so, you know, you can just ask us if you don't understand what drives us or what we want), Deloitte surveyed 23,000 consumers, including our generational forebears the Gen Xers and Boomers. What they found was that Gen Yers don't […]
PwC’s Bob Moritz Thinks Millennials Ask Way Too Many Questions
Back in BoMo’s day, you didn’t ask questions.
This EY Shilling Is Brought to You By Forbes
Forbes — corporate shilling factory and low-grade financial "journalism" disguised as a magazine for rich people — has a new writer. Yes they already have 10,000 bloggers on every subject known to man but they added another. Only it's not a writer, it's a firm and it's not journalism, it's EY corporate speak. Forbes explains […]
This NYT Op-Ed About Millennials is Bad and You Should Feel Bad
How old are we — the oldest, saltiest, most bitter of the Millennials — going to be when older, saltier, more bitter Boomers finally stop writing articles like this about us? I mean, guys, we're pushing 35 now — we have kids and mortgages and retirement plans. Are the curmudgiest Olds going to be sitting […]
Finally, Someone Wrote an Article About Grooming Millennial Leaders That Isn’t Completely Stupid
Like it or not, one day Millennials will take over the world.
The Real Reason Millennials Can’t Find Work: They Stink!
Ah Millennials. They are almost as much fun to talk about as working women and people of non-causasian descent. Apparently, some of the kids are having trouble finding jobs. Mostly this doesn't apply to the fascinating field of accounting as there are plenty of jobs to go around and nubile warm bodies are always needed […]
Deloitte Survey: Millennials Ready to Change the World But Still Need to Borrow a Few Bucks for Rent and Bills
According to a study by the ironically named Take Charge Institute at the University of Arizona, more than half of young "adults" age 23 – 26 rely on their family for financial support. Half! Of those, nearly half of them are employed full-time. No worries though, it's just that Millennials are taking an extended break […]
Millennials Don’t Like Grunt Work, Says Millennial Grunt
How much time and effort does TPTB waste surveying Millennials to find this shit out? Like the PwC NextGen study, which surveyed 40,000 Millennials and non-Millennials just to glean this insight into those scary, misunderstood kids in the workforce: Millennials aren’t keen on grunt work. We won’t pretend that this is the first time in history […]
A Phone Call From Your Mom Will NOT Help You Land a Big 4 Job
Oh dear God, not this again: Stories abound of millennials showing up in casual clothes for formal interviews, bringing—and using—their phones during the interview and worse. Not only that, in a survey of 22- to 26-year-old college graduates by Adecco, a staffing and recruiting company, 8 percent reported that a parent accompanied them on at […]
To Retain Millennials, Gently Remind Them They Will Never Do Better Than You
What do abusive boyfriends and firms that don't understand Gen Y have in common? Apparently, they are supposed to use the same tactic to retain their prizes, be that a battered girlfriend or a Millennial worker with a wandering eye: “This Millennial generation [has] seen what companies do to their people,” McGrath said recently at […]
Here’s Another BS Article About What Millennials Want For Your Consideration
Whenever I see these articles pop up, my first thought is always this: With a headline like "Millennials Want Companies That Work On Innovative Ways To Fix The World," I knew this article wasn't going to be any different. In spite of all the economic, societal, and environmental obstacles thrown their way, millennials the world […]
Is There an Auditor Exodus in the Works Or Is It Just Business as Usual in the Big 4?
Finally, a somewhat challenging "question" has found its way into the tip box: Hello Going Concern! I am writing to you because I have come to the realization that there is a bubble forming and it is on the brink of erupting, and no I am not talking about the internet bubble–I am talking about […]
Let’s Talk About Those Pesky Millennial Helicopter Parents
Yesterday, we shared a horrifying article that appeared in the Wall Street Journal focusing on the ever-terrifying level of involvement parents have in the youngest working generation's professional lives. Including the article — creepily entitled "Should You Bring Mom and Dad to the Office?" — in yesterday's Footnotes prompted one loyal GC reader to ask: […]
According to Obvious PwC Survey, Millennials Want To Barely Work From Home, If At All
If I have to read ONE more of these, I am going to scream. Here's the latest from PwC: A new report released today, PwC's NextGen: A global generational study, reveals that enhancing workplace flexibility and equity between work and home is one of the keys to improving job satisfaction among Millennials. According to the […]