CHARTS & GRAPHS

Accounting Firms Launch New War for Talent

Firms are hiring, and many staffers are thinking about a job change.
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By Rick Telberg
CPA Trendlines

Now five years since the banking crash that forced record layoffs at tax and accounting firms, new survey results from CPA Trendlines Research show intensifying competition for talent, with more than 42% of accountants reporting that their firms are hiring and about half of all staffers ready to make a move.

Chris Hatcher
Chris Hatcher

“There’s a labor shortage out there,” according to Chris Hatcher, a partner at Louisville, Ky., Baldwin CPAs. “Finding good talent is hard.” Hatcher says Baldwin CPAs is looking for professionals with ambition, which he defines as an “owners  mentality.”

In this report, CPA Trendlines Research:

– Reports the percentage of firms hiring, cutting or holding steady on headcount in the next six to 12 months;
– Gathers comment from a representative sample of professionals on key economic and business trends; and
– Analyzes latent discontent in the ranks of staffers,
– Propensity to seek a job change, and
– Overall confidence in the job market.