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different generations

Didn't know it would take only a few years for a new generation to arrive at work. This new generation is scared, and constantly worried about their jobs. Only 2 years ago, nobody in the audit practice even knew the meaning of layoffs. This new generation is going the extra mile to help out on tasks. They're fighting to get on jobs, and want to be utilized constantly. A few years ago, people loved "being on the bench", i.e. not assigned to any clients so they can essentially relax the whole day and complete errands here and there. People are all over their CPA exams now. In the past, people stayed at the firm for years before they even began studying. Staff associates are shocked when people complain now. The "be happy you have a job" mindset has taken over. The power has shifted from the employees to the firm. There are rumors now that raises will be neglible, if anything. In the past, people complained if the raises were below 10%. Now they'd be really surprised if its around there.

Comments

Daniel said…
This is so true! I work in a regional firm in the Southeast. When I started here a few years ago the firm needed staff more than the staff needed the firm. Now after two rounds of layoffs that old mentality has fallen away. Staff usually get 10% raises in June but those were cancelled. This sucks!
Anonymous said…
Yeah over here there were no raises for anybody unless you were promoted to manager...
Daniel said…
There were three people promoted to manager in January in the audit department where I work, they didn't even get the raise they were promised.
Anonymous said…
What advice do you have for first years at a Big Four in audit to make sure they keep their job?
Anonymous said…
It's pretty amazing I'm a Big 4 employee in the Caribbean and the associates here are terrified.. and we haven't had any significant layoffs. People are just feeding off what's happening abroad to their friends at other Big4 firms).... They are displaying the behavior so clearly outlined in this post... desperate to get on jobs etc etc
Anonymous said…
See me, I'm glad I have a job, but at the same time if I was laid off from this Big 4 crap i'd be relieved from not having to work ridiculously long hours each week.

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