While talking to numerous hiring professionals this week, I want to share happy hiring stories with you. Although the public accounting firms are known to trim staffs after tax season, many are looking at what they can do to keep their tax professionals in place. They will look at who they can retire early first and then they are trimming salaries across the board. However, the tax professionals may have a different experience on salaries since there are not enough of them available to meet the demand. You can be guaranteed the demand will rise as a result of all the stimulus legislation and economic impact payments coming out of Washington D.C. Additionally, governments around the world are now making changes to their tax laws. Tax professionals are in for a very strong future in the profession. Tax experts with the experience of the Tax Reform Act under President Reagan in 1986 and the Tax Cuts And Jobs under President Trump in 2017 know what is coming. The future is big business in the tax profession.
My executive search clients are calling to share behind the scenes stories occurring right now for tax professionals. A client I have in San Francisco, CA has four openings we have been retained to fill. There was a fifth but this Tax Manager starts from Monday at home. When the stay at home initiative is lifted they will work from the office. Here is what the client did during the pandemic. First, they assured all employees their jobs were safe; they shipped all employees a company computer to their home; they sent all employees a check for $500 to cover any internet connection upgrade costs required from their homes; they then gave them an extra $100 for their favorite charity. They consistently do so much more for their employees. If anyone has 2-10 years of experience with family offices, partnerships or investment groups contact me now as I will let you know if you have the tax qualifications to join this extraordinary corporate team.