In recent years, the accounting industry has made great strides in improving workplace inclusion and talent development. Yet even with these advances, Canadian Industry Snapshot: Advancing Talented Individuals in Accounting Firms shows that accounting firms are not maximizing talent management strategies and that areas for improvement exist.
Using data from Career Advancement in Corporate Canada: A Focus on Visible Minorities ~ Survey Findings (2007), this snapshot highlights strategies that firms can take to increase employees’ career satisfaction and commitment to their firms, thereby reducing turnover among talented individuals.
Findings revealed that respondents had higher career satisfaction and commitment to their firms when they understood how their firm identifies and advances the most talented individuals, how stretch assignments are distributed, and what the firm’s unwritten rules are.
Read and download the full report from Catalyst here.