The Great Resignation Turns Into Great Stagnation for Big Four
- Accountants are no longer quitting for better jobs elsewhere
- Economic slowdown forces consultants to stay in their roles
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It was dubbed the Great Resignation as an army of workers quit in search of higher pay, better hours and more attractive perks. The UK’s largest consulting firms were among the worst hit as staff hunted down new roles when Covid lockdowns began to ease.
Now, Britain’s accountants, auditors and advisers are clinging to their jobs, nervous that their negotiating power has sharply dropped.