Hiring Trends For tax Professionals

An interesting trend has been unfolding for the past few years as management tax executives have been searching to hire needed tax staff, tax seniors, and senior tax accountants. While news media focuses on job loss, this is certainly not the case in the world of taxes. Ask any management level tax executive, and they will tell you there is a lack of available talent to meet the current market demand. In fact, during the pandemic firms have held tightly on to tax staff with one to seven years of experience. Companies searching for tax staff are wondering how they will fill the hundreds of tax positions now open at the staff level. This post series will focus on factors contributing to the lack of qualified tax staff available today and provide a valuable, actionable solution to attract and retain talent at the staff level.

What has occurred in the world of hiring tax expertise is not a benign problem. Many organizations have Tax Managers doing the job that tax staff would normally do because they are unable to attract tax staff. There are firms who have searched for over a year to find and secure tax expertise at the staff level. What is happening? There are multiple factors contributing to tax executive’s inability to attract this talent. We will discuss what is happening as we share conversation’s we have had with tax staff at the lower levels and the tax executives searching to hire them today.

First you should understand the mindset of the tax staff we speak to today. Here are examples of recent discussions we have had with tax staff and tax executives searching to find and hire them. Their names have been changed to protect the confidential discussions we have had with them. We have given them a pseudonym (fictitious name).
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