Not satisfied with your accounting job?

 

It’s something we hear often at Accodex, accountants between the ages of 25-35 are not happy at their current firm. In fact, this trend extends beyond the accounting industry. A Gallup poll showed that Millennials are three times more likely to switch jobs than any other age group. The number one reason sounds all too familiar, they are disengaged by a lack of career development.

There are not enough personal and professional development opportunities and not enough chances to get that promotion. Young accountants have to wait until their boss retires to get a chance at a promotion. No wonder they are unhappy.

 

“A Gallup poll showed that Millennials are three times more likely to switch jobs than any other age group.”

 

We surveyed our Accounting Partners at Accodex and asked them why they left their old firms. Their answers capture the mindset of the angry, young accountant:

 

“I didn’t feel like I was helping businesses”

“I didn’t get to choose my clients”

“I hadn’t learnt anything new in years”

“I didn’t feel challenged”

“There was too little upward progression (salary and job title)”

 

Funnily enough, the tangible rewards a job offers, and the demands a job imposes were not reasons for Millennials switching jobs. Busted is the myth that Millennials are lazy, avocado-eating, self-entitled brats. They work as hard as other generations, they just want to be engaged with what they do on a daily basis. Is that really too much to ask?

 

“The number one reason sounds all too familiar, they are disengaged by a lack of career development.”

 

Accodex offers something different, we help freelance accountants start their own business. These accountants are CA or CPA qualified, often have worked for mid-tier firms and feel disengaged at their previous firm. They join the Accodex network and we help them grow their business.

According to our Partners the biggest benefits of starting their own practice with Accodex are:

  • Learning new skills, especially sales and branding (something you don’t learn from University)
  • More face time with clients
  • Autonomy in decision making
  • The ability to choose your own hours
  • A support network of other freelance accountants

 

“Accodex offers something different, we help freelance accountants start their own business.”

 

With your own practice, how is it possible to be disengaged? Anyone who has built something from nothing knows that you become obsessed with it. Starting a successful business takes determination, perseverance and a good support network. The one thing I can say is that your career development will be in your hands and you will most certainly be engaged.

 


 

The decision to go out on your own and start a business can be one of the biggest decisions of your life.

We get it. All of us at Accodex have started our own businesses. So why do it alone?

 


 

Written By: Patrick De Ruvo

Chief Technology Officer


 

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