Recruiting and retention of top talent is the most discussed topic in the accounting industry today. With a large number of firm owners and leaders approaching retirement and a lack of qualified individuals ready to step up, the best candidates are becoming harder to recruit and retain. This problem is not only delaying and complicating transitions, but also forcing firms to make sale or merger decisions they never wanted to make.
There is no quick fix to this problem, but identifying risk areas and putting the appropriate plans in place can make a significant impact on not only the recruitment and retention of firms, but the long term health.