Peter Towers, Managing Director of ESS BIZTOOS discusses "Combating Worsening Talent Shortage!"
"Accountants are facing problems" – Accounting Market Pulse.
Does your accounting firm have a strategy to attract and retain staff?
Andrew Geddes – Australian Accountancy Guru discussed this problem with me in November 2021.
"Partners of accountancy firms are saying there are not enough young accountants, but no, there are enough of them, they've chosen not to work in the profession because they have been asked to do compliance work only and to obtain 80% productivity which has caused people to say – I'm not sure I want to work in that environment"
"We've got to teach them, and the partners and directors have got to be available."
Firms should ensure that younger accountants work closely with partners so that they can improve their knowledge of business and develop their skills.
"You have to involve young people with clients and projects"
"You've got start it now – this afternoon because your greatest challenge at the moment is getting good people to work with!"
