Forbes, Megan Poinski, October 1, 2024
FORBES: The evolving nature of work and new finance fields have led to a shortage of accountants, impacting finance departments and CFOs. Forbes spoke with Keith Giarman, Managing Partner, Global Private Equity Practice, about how this shortage is affecting the industry.
Key takeaways:
- Increased Compensation: Companies are paying more for top talent, especially in high-demand roles like private equity.
- Beyond money, companies are emphasizing great working environments, flexibility, and remote work options to retain talent, focusing on wellness and the needs of the younger generation.
- Challenges with CFO Recruitment: Talent shortages extend to CFOs, with recruitment challenges influenced by market cycles and compensation.