Is turnover right now really historically bad?

likefunny
Posting as :
works at
You are currently posting as works at

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?

likehelpful

But surely these international transfers from india/wherever take a grade demotion? At least they do in my office

Is this a joke?

likefunny

I’m glad this was the first response I saw

like

We have extremely high turnover rn but not sure about history

like

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.

like

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.

like

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.

Related Posts

Does anyone have insight on what it’s like to work at a family office vs BB?

like

When it is not an urgent or time bound task, I tend to not finish tasks but my mind wanders to some other tasks. How do you stay on task ? Would love to hear your suggestions. Thank you!

like

Has anyone here gone through a marriage based green card process with Deloitte? I believe I read somewhere that you can start that process regardless of being in an application period or not. Want to hear some stories of length, initiation, etc

My NPS (openeing online on NPS website) was transfered by my employer to their CBO when I opted for NPS from alary to save taxes.

My last working day in the company is 03 Dec. Do I ned to do anything on the CBO part? I am able to login online and see all these details.

like

Hi guys, I’m approaching mid level as a creative strategist and looking for work, any work. Started at Leo, went to small agency, got burned. Finding mid level positions has been difficult- any leads?

likehelpful

I got laid off during Covid and pivoted to PM at FAANG and a partner is reaching out to me about rejoining. A part of me misses consulting but have the salty taste of my lay off experience.

like

Hi fishes,
What are perks and benefits for employees in EY.

like

Need some likes to make some DMs so see my roommate’s cat being adorable and all

Post Photo
like

Hi All, I desparately need a switch as I am stuck with one tool nobody knows how to use in this world and my primary skills has been wiped off. I need leads for Java L3 , server migration roles.

like

A basic Docker Cheat Sheet -

Post Photo
like

Saving up SPG points for honeymoon, anyone have good recommendations/ideas?

like

Do you guys do two a days when traveling? I.e. AM cardio and PM lift?

funnylike

I’m staying in tonight, plz tell me funny stories.🧐

likefunny
like

I have recently accepted an offer in Deloitte India Need to check for WLB and career growth / onsite opportunities if any Position : Senior Consultant

like

Hi Fishes,
Asking in behalf of friend-
Need some feedback and suggestions on ValueLabs.
Technology- Java Dev.
Offer- 8LPA
YoE - 3
Role - Sr Software Engineer.

Another offer from LTI - same tech
Offer - 6.5 LPA (Not ready to negotiate)

TIA

like

Does anyone here have a hotsheet template or Google doc/sheet with a good plugin? Looking to streamline my team's hotsheet process for morning check-ins! Slack and email with a sprinkle of Trello are what we use but Trello is usually populated after the hotsheet is built.

Thanks!

like

Happy Friday!
I need help from my extreme type A tribe.

•Can you all tell me how you organize your folders for work ?
•How you organize your work notes to streamline your process?
The more through examples the better.
I am early in my career and I want to learn the best ways to stay on top of things. Thank you in advance! 😌

like

I’m hoping to see a promotion this fall to Associate Program Director - what’s the average salary for this that I could expect? (Chicago)

like

Additional Posts in Audit Bowl

I have a question about audit in Europe. Is the work life balance just as bad? As the stereotype goes, they work as a means to live rather than living to work. If that is true, what is different if the type of work is more or less the same?

like

Anyone moved from a Big4 (Assurance) to a regional firm (Internal audit). How was the experience? Do you’ll regret it?

like

Is part time work in audit ever possible?

like

To be completely honest I really find auditing to be boring and tedious. I really only learn how to audit better versus learning how a business really operates/ how to do the job of a controller or CFO. The only part of the job I really liked was talking things over with the client and with the WFH that’s at a stop. Will things get better for me as a senior or should I consider hoping out when things look better?

likefunny

Grant Thornton: What's the audit/assurance title pecking order, starting from intern and on? Thank you!!

like

Can anyone tell me what technical questions will be asked during interview with EY for Senior Associate in FAAS practice.

like

My client wants a SOC 1 but they aren't a service provider. My senior manager is pushing back but the client still wants to do it. I don't think we can do a SOC 1 because it's not applicable.

Anyone know Audit Senior Manager salaries in Salt Lake City? Glassdoor’s numbers seem outdated (more than 2 yrs old)

like

*call ends*
*ping*
“Hey so did ___ mean this or that when they said it earlier?”
Why didn’t you just ask the person who said it minutes ago while we were still in the meeting with them?

like

What can you guys tell me about auditing a private equity fund?

like

Anyone wanna sell me some Adderall so I can get this cpa exam over with once and for all?

likefunny

If you refer to financial statement numbers in a possessive tone such as “my numbers” - you need to be fitted for a straight jacket.

likefunny

Anyone else feel like madame hooch from Harry Potter in busy season? Right after year end I'm just like, "all right everyone I want a nice, CLEAN audit" 😉

like

Anyone need Becker’s CPA books all four part brand new. Not used at all.

like

What a Business, Risk and Control Management - Senior Manager position looks like in Pwc, New York market? What could be the salary range?

like

Background: I am currently an audit senior at big 4 and also have a MBA degree. Really want to switch to management consulting. My questions are 1. When is the best time to leave? Should I wait till I make manager? 2. What skills should I develop at my current job for a management consulting job? Thank you!!

like

I’m currently a senior 3 auditor and increasingly detest my job every single day. I’ve been thinking about consulting but don’t know exactly what they do and the detailed nature of the work. What are my options outside of audit, staying within the firm? Any insight appreciated.

like

Any thoughts on this offer I received from Microsoft in audit coming in as a staff and working my way back up to project manager? They mentioned there is no flexibility on base but some wiggle room in the others. Base: 115; Equity Sign-on: 15; Cash Sign-on: 5

like

I am enjoying work from home so much. Made me realize the routine / predictability of audit adds to my WLB since I know what to expect (although we get occasional surprises).
Also I don’t have to be in uncomfortable audit room in uncomfortable suits all day... so now I’m wondering: is it possible that this remote audit becomes a permanent thing? / industry standard?

likefunny

What does it mean to “document around” something? Is it essentially admitting a material error but trying to justify why there doesn’t need to be a correction?

funnylike

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal