Wednesday, April 20th, 2022

Keeping People

“But day in and day out, the most stimulating part of the work is being a member of a team of so many very bright, articulate and talented professionals.” – – Randy West

We are hearing so much about CPA firms losing people. I continue to hear about and read about the Great Resignation and also that women are often forced to make choices that put family ahead of career. Here’s an idea that may help you retain more females AND males.

Consider embracing a career lattice culture rather than a career ladder culture. Not everyone achieves success in the same way. Often there are many detours along the way.

Research has shown that public accounting loses a lot of good people (and many females) when they believe public accounting will not accommodate their personal and career choices. Women want to start a family so they think they must leave public accounting. Don’t let your young talent make this assumption. Most successful firms have already embraced flexibility offering remote and hybrid schedules as a formal part of their culture.

I urge you to paint a picture for your young professionals of a career lattice. Communicate to them: If there comes a time in your life whether you are male or female, when you need or want less (or more), a reduced schedule, more regular hours, less travel, more travel, less responsibility, or really want to accelerate your advancement in the firm – talk to us!

The lattice, as opposed to a career ladder, allows people to stay at a certain level, move sideways, or even step downwards for a time and still not put their career progression in danger.

  • "Don’t dwell on what went wrong. Instead, focus on what to do next. Spend your energy moving forward together towards an answer."
  • Denis Waitley

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