So a ton of a companies are trying to get some public financing going. What does this mean for the accounting firms? Increased revenues for 2009-2010. What does this also mean? Well, with all these layoffs we've been having over the past year, we do not have enough resources for these financings. Kinda ironic. And now, in addition to the layoffs, a few employees have begun to leave voluntarily. Now, this is good for the firms in the long run since it would reduce the need for more layoffs. But busy season could be absolutely painful. Sounds like old times.
Just realized that the very payroll/adp reports we all enjoyed looking at in order to see how much our client contacts made, now seem to piss me off. Especially when your main contact, who couldn't tell a debit from a credit, makes significantly more than you, and leaves at 5. It's almost guaranteed to get you in a foul mood and yak with your team about the ridiculous salaries that certain employees get when compared to yours.
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