Many accountants resign due to inadequate pay and limited opportunities for career advancement, according to a recent report from The Institute of Management Accountants (IMA) and Robert Half, which surveyed over 1,200 current and former accounting and finance professionals.
Britton says accountants leaving the field are often moving into jobs in finance and technology.
To alleviate the talent shortage, more companies are increasing entry-level salaries for finance and accounting roles, offering referral bonuses and hiring temporary workers, the IMA and Robert Half report found.
Many of these jobs offer remote or hybrid options, Robert Half found.
Britton anticipates that the percentage of accounting jobs that are remote or hybrid will likely grow in the coming months as employers adjust their recruitment strategies to attract more talent.
Persons:
Robert Half, Brandi Britton, Britton, they're, you've, Deloitte —, Julia Pollak, —
Organizations:
Wall Street, The Institute of Management Accountants, IMA, Public, BLS, Accountants, Bloomberg, Big, KPMG, PWC, EY, Deloitte, CNBC
Locations:
U.S, FlexJobs