Leadership needs changing not more compensation. - Accountant bei RSSM: Mitarbeiterbewertung

As previously mentioned, the firm is very top heavy. Too many partners that are not going anywhere any time soon. Even so, the company is promoting people to principals and managers. At this point the company has more supervisors, managers, principals, and partners than seniors and below. It is an inverted triangle(downward). If this continues partners are going to have to start testing cash and fixed assets. I kid you not, several principals are already doing those areas because chargeable hours are a scarce resource. Yearly compensation is tied to chargeable hours not actual performance. The firm also has a very liberal promotion policy, people are promoted to supervisor and manager position with out being certified, and ability to demonstrate leadership and technical competence. Promotions are based on the number of years a person is with the firm, and whose behind you kiss. As a previous post writes "there has been no formal training for several years", nor are there any plans in motion to get training going again. During a recent firm meeting, it was stated that everyone gets on the job training instead. Upper level staff don't train, they say to look at last years workpapers and replicate this year. Very high turnover this year because of a lack of competent leadership, and previous items stated above. At this point I reckon that partners and principals are going to be folding, licking, and sealing those AR confirmations. There is strong rivalry in the staff room. If they like you, they will put you on there jobs. If they don't like you, they will make sure that they ruin your reputation in front of principals and partners. Management has been aware of this issue for many years now, but has failed to do anything about it, if anything, has promoted such behavior. I have seen high school kids act more professional than certain people in the staff room.