PQ magazine is for part qualified accountants.
Read the latest web issue here – if you like what you see sign up today
Big 4 are good for you
26 March 2018
The Big 4 accountancy firms are a great place to work, but they wreak havoc on your work-life balance, according to the key findings of a new ACCA Generation Next study.
Despite the downsides young finance professionals still very much see the experience gained in the largest accountancy firms as invaluable to securing their long-term career success.
The ACCA’s director of professional insight, Maggie McGhee, said that across the profession some 48% of all Gen Next respondents said they were happy in their role [Editor: That seems a bit low to me!]. At the larger firms, job satisfaction scored higher, particularly for those in the Big 4, where almost 60% of respondents said they were either satisfied or very satisfied with their job.
However, the research also uncovered a number of talent management issues. Some 43% of respondents said they had a poor work-life balance in their role, with 48% saying their workload was too great.
One area that does not frighten Gen Next is the rise of digital. The younger generation expect automation and technology to transform large accountancy services, but they see such innovations as a key opportunity for adding more value to their roles.
For more see ‘Generation Next: managing talent in large accountancy firms’.
Subscribe to RSS