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Low pay at the entry level corresponding to high hours at the same time. Younger generation is less patient (and rightfully so) and no want to wait years for it to pay off. Also recent layoffs proved the career isn’t that stable and safe (but more stable than others). Tech is going through its peak and I think will for the next few decades (especially cyber security as everything moves to electronic form and cloud data).
a huge majority of accountants hours through public accounting human grinder. I think PA system in place is starting to show cracks and that it may not be sustainable long term. I think if PA firms start recruiting at less prestigious, lower tier colleges, they’ll be able to continue for a while longer until the system completely breaks down. And no, I don’t think that would mean the quality of candidates would go down if they recruit from those schools, it IMO would help with diversity and bringing individuals from lower income brackets who are going to be dedicated and hard working to improve lives for their families and communities. They’ll be the true DEI not the BS pushed down our throats
Burnout from busy season and low pay that goes with it - especially for those that have their masters or a CPA.