Part 5/9:
With these seasoned professionals moving on, the burden of work increasingly shifts to a dwindling number of younger accountants. As the volume of clients continues to rise, those remaining in the profession often find themselves overwhelmed, leading to burnout and further attrition rates. The traditional work environment is rapidly changing, requiring a reevaluation of how firms accommodate their staff.
Shift Towards Self-Employment
Many professionals are now evaluating the trade-offs of traditional versus self-employment. Salaried positions often entail long hours with flat pay structures, particularly in busy seasons. For some, this might mean sacrificing work-life balance as the expectations of overtime become the norm.