Accountants working in the city intend to stay at their current place of employment for an average of 6 years according to a recent survey conducted by the Institute of Chartered Accountants.
It can be partly attributed to them realising that they need to do some serious work to advance their careers. Employers on the other hand are concerned with the current skills shortage and so are working harder to keep accountants onboard.
Strategies used by employers to keep accountants are more training, flatter hierarchies, clear career paths and the chance to travel on unpaid leave.
Employers are now more accommodating to the fact that most young Australians will want to travel at some stage during their working lives.
Giving graduates the chance to travel and return to their job in years to come is a great incentive for many accountants, especially considering that 5000 members of the ICAA are currently overseas.
The general manager of the Chartered Accountants program Sheena Frenkel believes that travel and over-seas work experience helps people present a more rounded person.
(23 September)