Topic: Turnover Case Study (fictional)
Your employer, a large public accounting firm, is experiencing challenges with recruiting and retaining accountants. Responses from accountants on employee surveys and exit interviews have indicated that pay is one of the factors, ranking number two in concerns. The organization would like to increase the salary level of the accountants but does not have the budget to do this. The accountants’ top concern is the number of hours worked each week. Other concerns that were identified, in addition to the top two concerns, were limited opportunities for career advancement, poor communication, and lack of recognition.
In your post, identify what you would recommend this organization do to improve the situation and positively impact the retention of the accounting staff.