2min snip

The Accounting Podcast cover image

Why Accountants Quit Public Accounting Firms

The Accounting Podcast

NOTE

How to Improve a Firm’s Employee Retention Rate

Positive changes in organizations have shown that increased compensation, offering remote work options, and flexible hours are crucial for improving employee retention. Flexibility ranks as the second most important benefit for employees, with 75% expressing the desire for it. Firms should consider making flexibility a standard benefit to retain talent, as many employees now expect it as a norm in the work environment. Sustainable long-term strategies are necessary to ensure continued employee satisfaction and retention.

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