Related Posts
I have currently 5.5 LPA having 2 years of experience. How much should be my expected salary?
Deloitte Dell Accenture Infosys KPMG India Newco Tata Consultancy PwC Qualcomm Wipro Wells Fargo Walmart EY EPAM Systems Accenture India Siemens Schneider Electric Genpact Globant HSBC India Hexaware Technologies HCL Technologies HPE JPMorgan Chase Morgan Stanley
More Posts
Industry-wide layoffs tomorrow or nah?
Additional Posts in Accounting
What age was the youngest PPMD at your firm?
You know you’re a tax accountant if.....
New to Fishbowl?
unlock all discussions on Fishbowl.
No, I think things just suck and continually get worse. Nobody in leadership is doing anything to make things better .
Job market is 🔥. Wages are rising above the inflation rate for the first time in a while and there are more opportunities than there are people to fill them. If the market cools off I would think turnover would too
The turnover is relatively stable, all things considered. Fishbowl just makes you more aware of it.
@PwC 1 - I think what you consider to “suck” is what leadership considers “as planned”. PA is a pyramid with a fast moving upstream current. You either move up or move out to the banks and get out. Everyone at the associate and senior associate level cannot make PPD or the firm would not function. The only way management can get people to quit is turning up the heat and seeing who can hang. In industry, while all companies are structured like a pyramid, the current isn’t as strong and you can stagnate at a level for as long as you want. Remember, there is no such thing as career associate or senior in PA. While you get a big jump in pay when you leave public for industry, pay bumps and promotions slow down after that
Before fishbowl, GoingConcern was used, I'm sure there was something else before GC as well. I think it just makes it seem like a bigger issue. PA has its ups and downs. You'll have a mass exit year, over hire to compensate for a year or two and then be over-staffed for a year, fire under performers that you shouldn't have hired in the first place, and go back to a mass exit year. It's cyclical and isn't anything new.
I think it’s mostly the economy—higher paying jobs with less hours and similar benefits are available. Full employment = increased turnover. This app might be drops in the bucket, but before this there was Glassdoor and GoingConcern and reddit and probably other websites I didn’t know about.
Yes