The landscape of talent acquisition is rapidly shifting due to intense competition for top talent and the rise of the gig economy. Recruitment strategies are evolving significantly, with a 50% increase in recruiters prioritizing skills over years of experience. Work expectations are also transforming; Gen Z values flexibility, the freedom to achieve their goals, and a commitment to corporate responsibility and sustainable business practices.
For the accounting and tax profession, these shifts coincide with significant core challenges, notably an exodus of professionals, a dramatically changing college graduate profile, and declining interest in the field, prompting firms to take a hard look at recruiting and retention strategies.