It’s Gonna Be a Talent Bloodbath at EY
Earlier this week WSJ’s CFO Journal posted a piece entitled “Ernst & Young, After Its Failed Split, Could Find Itself Vulnerable to Staff Poaching.” They might as well have made the headline “Hey Big 4 Firms, There’s a Carcass Full of Meat Here For You to Pick Pieces Off Of” because the premise of the […]
The Largest Accounting Firm in Kentucky Thinks a Tower Will Win the Talent War
You ever been in a position where you’re juggling a few different offers from roughly equivalent firms? Of course you have. What factors do you consider when making this important decision? Salary, obviously. Culture, perhaps. Was the guy who interviewed you a dick? That definitely rates. What about commercial real estate? Anyone? MCM CPAs & […]
PwC Plans to Poach Unhappy Senior Managers From EY
While the pundits are talking about how the EY split could completely change the accounting industry as we know it and inspire other firms to split once they see the truckloads of cash pulling up to EY partners’ houses, one industry vet is perched at the periphery with a stack of offer letters just waiting […]
Canadian Accounting Firms Are Getting Rid of Bonuses So They Can Pay More?
CPA Canada has shared some Canadian accounting firm hiring trends worth keeping an eye on. Among them? Ditching bonuses. Despite their longtime presence in the traditional CPA compensation package, bonuses are being abandoned in some firms, notes Adele Harraway, managing partner, Canadian Accounting Consultants, which specializes in CPA recruitment. Instead, firms are upping the starting […]
A Labor Shortage in Singapore Is Forcing Big 4 Firms to Cough Up Higher Salaries
Picture it. Singapore. 2022. Bloomberg reports: The Big Four accounting firms are showering staff with pay increases in Singapore, where an acute labor shortage is driving a fierce contest for talent. PricewaterhouseCoopers LLP and Deloitte LLP lifted base salaries starting from July 1, according to internal documents from the two firms reviewed by Bloomberg News. […]
Raises at the Queen’s PwC Are Better Than Other Big 4s But Still Not Beating Inflation
UK inflation is at a balmy 9.1% and rising, the job market is red hot, and accounting firm partners everywhere are digging through their kitchen junk drawers for all the buy-one-get-one pizza coupons they can find. It’s rough out there — for employers. eFinancialCareers is busy sharing details on Big 4 salaries across the pond […]
Paying People More Will Not Win the Talent War, Says PwC India Leader Adamantly Opposed to Paying People More
From the moment ‘Generation Y’ entered the workforce at the turn of the century, the business leaders, politicians, and academics who came before us have been suffering from endless anguish over our alleged lack of loyalty and our pesky desire to find fulfillment in life beyond work. Many of us watched our parents give their […]