Posted on 1/02/2016 by Nine2Three
We have been working with financial services companies for many years. We supply staff, offer consulting and Human Resource management. Large and small firms have contacted Nine2Three because of our niche market in flexible part time work and our MC Corporate Division. Progressive and successful accounting firms want a pipeline to maintain their skilled employees and are looking at the return-to-work and undergraduate market.
Australia now produces more female graduates than male, according to the latest OECD report - 56 per cent of Australian women complete a degree, compared to 41 per cent of Australian men and Women comprise 45.6 per cent of all employees.
In accounting, we are already faced with chronic skills shortages, and strong growth in accounting jobs is predicated ongoing. So, if there are more women graduating, women make up a large number of the workforce, and the accounting industry is struggling with skills shortages … doesn’t it make sense that we must maintain women in accounting and support them and their employers?
Over the past few years,
Nine2Three has interviewed a wide range of accountants from partners in firms, ranging from mid tier to suburban and regional firms as well as accountants working within public practise firms to put together a white paper on Securing your Firm’s Future – Women in Accounting.
From our research we found two main issues for the accounting industry - Loss of talent for firms in an industry struggling to attract the experience they need and a disconnect for women after parental leave.
The benefits for accounting firms in maintaining women in accounting include:
• Increase in Employer Value Proposition
• Increase in staff connectivity to business
• Increased staff retention
• Increase of intellectual property retention
• Increase in tenure of existing staff
• Increase in client satisfaction
• Viewed as Industry leader
• Decrease in recruitment costs
Important Note: These articles have been prepared for general circulation and are circulated for general informational purposes only; these articles should not be regarded as business or investment advice. The articles represent the views of the writers and are subject to change without notice. Additionally, while every care has been taken in the preparation of the articles no representation or warranty as to accuracy or completeness of any statement is given. An individual or organisation should, before any business or investment decision is made, consider the appropriateness of the information in this document, and seek professional advice, having regard to objectives, situation and needs. This document is solely for the use of the party to whom it is provided.
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