Over the last few months I’ve seen a lot of staff/seniors quit and move to other jobs. Is this normal for this time? I feel like everyone I know is worried about not being laid off but here I see people dropping like flies. What’s going on? Side note if you are in audit and need a job contact me. 😂

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I think it has do with the fact that many are as busy or busier than ever, but the financial incentives aren’t there any more given the reduction and/or elimination of promotions/ bonus/raises.

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I left because of pay as well. I making 20k more an I went from a high COL to low COL, so in reality it’s like 30k more. Benefits and bonuses are also wayyyyyy better.

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As someone thinking of leaving PA. When your entire life is your job, due to covid, the stress of public accounting really takes a toll. I’m considering leaving despite the uncertainty, to have a job that has less stress and there is more of a work life balance.

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This

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A lot of places are still hiring for accounting roles. Almost everyone I know that left my firm had another job lined up. When your firm is increasing your already intense work load, eliminating bonuses, not giving you a pay raise, but you can still find work elsewhere for more money, the choice becomes obvious for a lot of people.

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Some firms are suddenly strapped for cash, will no longer hand out bonuses, are laying people off left and right and have become a terrible work environment. Meanwhile some other firms are in better financial shape and are able to hire people with good offers. Suddenly a previously "peer" firm becomes a much better proposition and people start leaving.

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At the end of the day it’s a job. There’s a ton of koolaid drinking at these places, but I think the spell is kind of broken in this type of environment. When that happens people start considering how to maximize their personal benefits.

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