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Is part time work in audit ever possible?
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It’s also not just turnover, it’s also the quality of new employees and what they are willing to do or not do. We are not replacing even close to the quality people that leave. The turnover amount is just a piece of the equation. Just look at the response from the firms and that should tell you. When have you seen multiple mid year raises and $35k retention bonuses for seniors?
But surely these international transfers from india/wherever take a grade demotion? At least they do in my office
Is this a joke?
I’m glad this was the first response I saw
We have extremely high turnover rn but not sure about history
We are interviewing and hiring people whose resume would never make it through the screening. Tbh I have no idea why we even bother with the formality of interviewing, because we’ve haven’t interviewed someone and not offered in the past year.
My team hasn’t lost a single member since before I started in 2020, and we’re about to lose 2 seniors post-filing. At least in my little corner of the world, turnover is horrific, especially at the senior through manager level.
I’m on a huge team in a large office, we actually have surprisingly low turn over
I would say yes. I heard mid summer it was unusually high. We started with more offshoring as one way to help the practice. We then went back to the drawing board and redeployed National office Directors to engagement teams.
Both my India and Argentina offshore teams had big turnovers, too.