AZ CPA May/June 2022

Page 9

Ask the Firms: Adapting Strategies for New Talent By Haley MacDonell

There was record voluntary turnover in 2021, as employees left companies in search of new opportunities. According to the Bureau of Labor Statistics, 47.4 million Americans voluntarily left their job during the previous year, with 4.3 million leaving in December 2021 alone. Like every industry, this trend affected the accounting profession. Organizations scramble to recruit and retain quality talent, a task made more difficult by a strained accounting pipeline. Continued on next page...

MAY/JUNE 2022 AZ CPA

9


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