Advice taken. Thank you. That’s my next step. I saw in researching that all of the big 4 have hired tens of thousands, most upwards of 50k in the last year. That doesn’t jive with organic revenue growth so my assumption is a good bit of that is due to turnover. Maybe that turnover is somewhat good as many probably left for better positions at another big 4 firm or an even better position outside of the big 4. I’m sure a lot also was burnout and not being the right fit for the worker. I agree an exit plan is necessary as, at minimum, a precaution.

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Posted by Weagle25

THE Football State.

Member since Oct 2011

46256 posts

Posted on 5/31/18 at 6:56 pm to DabosDynasty

I think the plan for most entry level people at the Big 4 is stay two years and get out.

The travel and hours usually drive them to smaller firms

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Posted by MStant1

Houston, TX

Member since Sep 2010

4537 posts

Posted on 6/4/18 at 11:45 pm to DabosDynasty

quote:
Advice taken. Thank you. That’s my next step. I saw in researching that all of the big 4 have hired tens of thousands, most upwards of 50k in the last year. That doesn’t jive with organic revenue growth so my assumption is a good bit of that is due to turnover. Maybe that turnover is somewhat good as many probably left for better positions at another big 4 firm or an even better position outside of the big 4. I’m sure a lot also was burnout and not being the right fit for the worker. I agree an exit plan is necessary as, at minimum, a precaution.

I wouldn’t get too concerned over the turnover and hiring at the big 4. It is literally part of the model. Every big 4 hires in droves at the entry level from schools. After that every position is “up or out”; however, most don’t come to that as most leave voluntarily for other opportunities. Also most don’t join the big 4 with a career mindset, but as a stepping stone.

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