Art of Accounting: 4 reasons staff remain with a firm

There can be a hundred reasons why people stay or leave a firm, but I’ve narrowed it down to four critical issues. Actually I narrowed it down to three, but I was leading a discussion group last month and one of the participants and a fine colleague, Melanie Cobb, suggested a fourth. I immediately added it to my list. It was flexibility. The pandemic brought on many changes but an overriding change has been where we work. Yesterday flexibility was never a major issue; today it is.

The four things are money, growth, experience and flexibility. If any three are present, it is unlikely someone would leave. If all four are present, then anyone who would leave is not someone you should want to stay.