Who’ll Quit Next?

Mentor showing project presentation to menteeSmart ideas for retaining and developing top talent. 

Who’s going to quit next? And why?
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By Steven E. Sacks
The NEW Fundamentals: Practical Guidance for Today’s Accounting Firms

Professional services firms always have their eyes on the bottom line with as much, if not more, intensity than on the top line. Salaries and benefits take up a considerable chunk of resources, and programs designed for professional and personal development are given short shrift, except when it comes to meeting continuing professional education credits.

MORE: Make CRAP a Badge of Honor | The Holy Grail: Finding the Right Talent | The Power of ‘Real Influence’ | Stop Wasting Time in Useless Meetings | Is Your Firm’s Culture a Magnet? | Outsourcing the C-Suite
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The younger professionals – your future leaders – should be viewed as investments. Part of that investment is allocating funds for their participation in associations or networking groups, in addition to conferences and workshops that expand their knowledge.