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

I was recently let go as part of a “workforce reduction” of which there have been several over the past many months. They started doing these layoffs in micro doses where they would let go of a few people in each group rather than announce bulk layoffs. The truth is, RSM has spent too much money and resources on expanding their India and El Salvador practices in an effort to improve margins. It fails when the work quality is poor and more time and resources are spent trying to correct or clean up that product therefore decreasing already poor margins. RSM has also spent too much time and $ on external factors with little to no effort in protecting their current employees (partners and principals included). I get it, it is “just business”. At the same time, you don’t succeed when you treat your people like crap and drag them through the mud. Leadership is only focused on outsourcing and private equity. This isn’t new to CPA firms, but RSM doesn’t know how to succeed in this environment. Leadership are ignorant to where value should truly lie, and the rest are not equipped to weather the storm. This is leading to reductions in workforce, and people jumping ship to even lesser paying jobs because RSM has made the current climate unbearable. Good luck to those that willingly stay in the firm. May the odds be ever in your favor. Just please don’t bend the knee to a culture and leadership that readily holds blunt objects against your back, just waiting for the right moment to strike.

likesmart

Repeat everything and change El Salvador to Philippines and this is 100% CohnReznick

likehelpful

Yes

likefunny

This actually makes me feel less worse about my firm now…

funnysmart

Ditto

likesmart

That thread is exaggerated but many truths within it. Firm top line is growing and some of the practice groups are killing it this year and some people did get mid year raises.

like

Very exaggerated by salty people who left or were let go. But also agree, many truths in there.

Actually seems like we’re starting to win a lot of big proposals again…

like

I'm job hunting right now and I have not seen any RSM listing, not even for seasonal

Related Posts

Clyde & Co Any info on Mami salary expectations? Clyde & Co

likehelpful
like

Urgent : i am a .net dev in one of the small service based organisation working for their client @globalPayments, today i got to know that globalpayment drop us…60% of the employees were on 3rd party payroll… my organisation is going to release them soon… what should i do…wait or look for other opportunities…

like

Hi Friends,

I am in discussion with MNC Service based organization based out of Sweden and wanted to know the salary I can expect. Although they have dropped a hint of around 45000 SEK per month.

I am an Oracle SQL and PL/SQL developer with around 10 years of experience and my CTC in India is around 32 LPA.....

like

Bengali, 24M, US, Don't drink/don't smoke/ eat halal. Interested in south asian F in similar religious base

like

28 F, Boston based Egyptian American (born and raised in the U.S. non-Hijabi, non-smoker. Plays guitar and works in tech. Easygoing and open minded. Looking for the same.

like

25 F in NYC. I was born in the US and raised between US and Middle East. Looking to meet people :)

like

Just a quick review of a matchmaking site - Blend Matching. I paid for 2 months and never received a single follow up after the initial matchmaker call (which I had 1 week after I signed up). $25/month but not worth it.

likehelpful

What's common % for Property management fees? I've seen anywhere from 6.5%-10%

like

Hi Fishes, need help.
I recently switched a company 3 months back in India. Now I have got an interview coming up from a company for Dublin Ireland location. What should I respond, if the interviewer asks, why I am leaving my current company in just 3 months.

Need acceptable responses in such situations. Thanks in advance.

like

Shall we organize a gathering next week?

like

For advice/fee based platforms: SEI Private Trust or Envestnet as your preferred?

like

I have an interview for an industry gig and im really nervous 😩

like

Anyone experienced lack of motivation in your last two weeks? I want to leave Deloitte in good terms but can’t focus.

likehelpful

Need 11 likes to DM. Can you please help me?

like
like

I am about 100 nights away from reaching the lifetime grandfathered premier access, not sure if I can make it by year end. No longer on travel projects. Any tips? Any new updates from Marriott?

likehelpful

If I’m coming into Salesforce as a L6 in CSM, would I be able to get RSUs once promoted to L7? Does it work like that?

like
like

Additional Posts in Accounting

Does your firm form leadership group trainings? We usually do every summer but we are starting one these last 2 months. We usually read books or watch something and then discuss. If you do them, do you think they are effective?

like

Do big4 directors retire with the same benefits as partner or some other?

funnylike

Two in one special:
1. What gets you most excited on a weekly basis?
2. One aspect of today's society you wish you could change?

like

For those who jumped ship from audit to advisory, did your average rating hurt you?

like

Writing cover letters and applying to jobs through EY computer. Cause I have dolls of steel

like

Hello people from PwC San Diego. How is the culture and work there? I've been thinking in transferring to that office.

like

How do you pick your fights with management during promotion year for scheduling?

like

If you wanted to work for your audit client, could you simply quit without anything lined up and then reach out for a job at the end of your two weeks? Private company if that is helpful information.

like

What is the average salary for a controller data analyst role in industry?

like

Why do people with CPAs become recruiters? How much do you think they make in NYC?

like

Why is the majority all of a sudden supporting going back into the office? I swear to God before Elon Musk message, most people in the bowl were against going back to the office for work....

likehelpful

Just started at the firm a month and half ago and snapshots are already happening soon. How important are they? I’ve had pretty low utilization, so I’m kinda nervous as an experienced hire

like

Hello, can anyone advise which Becker CPA program is better? Advantage (flash cards) or Unlimited (final review)?

like

What’s the proper etiquette for telling your team that you’ll be switching service lines?

like

New Yorkers - what is your salary in your first year out of public? Let’s say leaving public as a senior manager for a senior manager/director role?

like

Beauty and the Beast left me with all the feels!! I know it was perfect - quite a bit they could have done better - but GOD DAMN it made me happy

like

Anyone here from EY Irvine office ?? Trying to understand the salary range for Manager 1. Basically referring a friend to a position available in that office in Advisory.

like

Anyone in EY FIDS? What is your day to day like? What big cities are you in?

like

Hey KPMG how is life in the FRM advisory? Got a job offer from them

like

How long after you quit before your company removes your access to your FSA card?

like

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