When it comes to the Fortune BCTWF, gone are the days of the Big 4 firms being ranked among, say, the top 50 companies and then you have a midtier public accounting firm or two ranked somewhere between Nos. 51 and 100. Nowadays you’ll see a non-Big 4 firm or two ranked higher than one or more of the Final Four Horsemen of the Accounting Apocalypse. Case in point, the 2022 BCTWF ranking. Deloitte was ranked 24th, followed by Plante Moran at 30th. Next up is
PwC KPMG EY the fifth-largest public accounting firm in the US, RSM at 40th.
Compared to the usual suspects from public accounting that make the BCTWF nearly every year, RSM US is a newbie. Last year was the first time in the ranking’s 25-year history that RSM made it, coming in at No. 62. Here’s why RSM made the BCTWF for the second straight year, according to Fortune:
When the coronavirus pandemic hit, RSM responded with increased childcare support, extra PTO, and new mental health services. This year, it’s on the list for the second time—and 22 spots higher. Not only did RSM continue to pay out bonuses and raises throughout the pandemic, but in May 2021 it delivered a Gratitude Award or $1,000 bonus to all employees who had been with the accounting firm for the entire fiscal year (those with shorter tenures received $500). In December 2021, employees benefited from an extra cycle of raises. RSM staff also feel as if they can bring their whole self to work: “I am extremely proud of RSM’s care for their associates,” one worker notes. “I truly believe that employees are not just comfortable but encouraged to be themselves.”
ICYMI, here’s what we wrote about the raises RSM employees got last year, as well as the mid-year raises that the firm handed out last December.
Stats of note:
- Employees: 12,2417
- Number of job openings: 5,760 (as of March 2022)
- Number of job applicants (last 12 months): 102,300
- Average number of applicants per opening: 25
- Number of new graduates hired: 2,100
- Percentage of women: 46%
- Percentage of minorities: 23.4%
- PTO limit (days): N/A
- Number of sick days: Unlimited
RSM will have a new leader on Aug. 31, as Brian Becker, the firm’s national consulting leader, will succeed Joe Adams as RSM managing partner and CEO. We’ll see if RSM can keep that positive mojo rolling when Becker takes the helm later this summer.