Going Concern cites a report in Rosenberg MAP Survey that turnover in CPA firms increased in 2012.
The post, BREAKING: Staff Leaving CPA Firms for More Money, says turnover is up to around 16%-18% last year. It had been in the 11%-12% range during 2010 and 2011, according to the article.
I’ve been waiting to see the departures rise, but hadn’t thought the economy had improved enough to start the chair-change parade.
My guess is that when the economy finally takes off, far more than the usual amount of accountants will be looking for a new position. What do you think?