The shape of things to come

[SirGalahad]

The big 4 accountancy firms are struggling to recruit staff with about 4-7 PQE - staff that are competent enough to go work on their own but not too experienced they want to manage rather than execute.

A friend mentioned how the EU staff have either resigned or moved back to mainland Europe. They have now recruited 10 new staff, 6 from India and 4 from Pakistan.

All on Tier 2 visas, which in all likely will be extended so after 6 years they will be able to apply for British citizenship.

BREXXERS Rejoice.

Unintended consequence of Brexit.

 

[EddieM]

The big 4 accountancy firms are struggling to recruit staff with about 4-7 PQE - staff that are competent enough to go work on their own but not too experienced they want to manage rather than execute.

A friend mentioned how the EU staff have either resigned or moved back to mainland Europe. They have now recruited 10 new staff, 6 from India and 4 from Pakistan.

All on Tier 2 visas, which in all likely will be extended so after 6 years they will be able to apply for British citizenship.

BREXXERS Rejoice.

Unintended consequence of Brexit.

What is the need for any of them to work onshore?

 

[EddieM]

The big 4 accountancy firms are struggling to recruit staff with about 4-7 PQE - staff that are competent enough to go work on their own but not too experienced they want to manage rather than execute.

A friend mentioned how the EU staff have either resigned or moved back to mainland Europe. They have now recruited 10 new staff, 6 from India and 4 from Pakistan.

All on Tier 2 visas, which in all likely will be extended so after 6 years they will be able to apply for British citizenship.

BREXXERS Rejoice.

Unintended consequence of Brexit.

Conversely, we've lost not one. We struggle to find talent anywhere in the world, the EU (inc UK) usually being the worst place to look.

 

[SirGalahad]

What is the need for any of them to work onshore?

They are auditors, try doing that offshore.

 

[SirGalahad]

Conversely, we've lost not one. We struggle to find talent anywhere in the world, the EU (inc UK) usually being the worst place to look.

What Industry are you in?

Is it a niche area?

 

[EddieM]

They are auditors, try doing that offshore.

What are they auditing? Physical assets or accounts?

 

[EddieM]

What Industry are you in?

Is it a niche area?

No, financial IT.

 

[SirGalahad]

What are they auditing? Physical assets or accounts?

Accounts which requires them to audit their systems, processes and controls.

 

[SirGalahad]

No, financial IT.

Banking backend or trading?

 

[EddieM]

Banking backend or trading?

Trading and risk. Largest provider of financial information in certain areas, and it's coming home to the UK.

 

[EddieM]

Accounts which requires them to audit their systems, processes and controls.

Ok, why does that need to be done onshore?

 

[transam]

The big 4 accountancy firms are struggling to recruit staff with about 4-7 PQE - staff that are competent enough to go work on their own but not too experienced they want to manage rather than execute.

A friend mentioned how the EU staff have either resigned or moved back to mainland Europe. They have now recruited 10 new staff, 6 from India and 4 from Pakistan.

All on Tier 2 visas, which in all likely will be extended so after 6 years they will be able to apply for British citizenship.

BREXXERS Rejoice.

Unintended consequence of Brexit.

Big accountancy firms

Advising all the rich and famous and politicians on tax avoidance and fiddles

Most of em. Probably worked for the inland rev in there previous emplyment



Bunch of scheisters imo over charging for doing f all

Like Rhino's hard of hearing and eager to chargec

 

[SirGalahad]

Ok, why does that need to be done onshore?

Well some of the data the accountants need to access is confidential and the client is unwilling to give them a copy or they will only provide access with supervision on site. Also surprise surprise its more efficient having someone onsite doing the work when they need an answer to a query. Eventually once the auditors have enough information and the client is happy they can go back to their offices, but until then it's onsite.

 

[SirGalahad]

Trading and risk. Largest provider of financial information in certain areas, and it's coming home to the UK.

Nice.

 

[EddieM]

Well some of the data the accountants need to access is confidential and the client is unwilling to give them a copy or they will only provide access with supervision on site. Also surprise surprise its more efficient having someone onsite doing the work when they need an answer to a query. Eventually once the auditors have enough information and the client is happy they can go back to their offices, but until then it's onsite.

Sounds dreadfully inefficient to me.