The partners know how to look after their top staff and genuinely value technical ability. They have a track record of developing professionals who want to advance, as they feel it’s a fundamental business principal to encourage ambition in a professional services firm. You would think that would be the norm, but I am sure you have worked in firms that did not have this culture.
The tax team is a highly valued part of the business and the firm is best described as a tax driven practice. In other words tax professionals are not second class citizens, but a vital part of the firm’s success. The profitability of the practice and the excellent staff retention rate (possibly one of the best in the region) stand testament to this. People don't leave, because they like working here. The firm can accommodate the ambitious as well as career managers who want to enjoy their day and deal with good work.
Why is this firm doing significantly better than the majority of its competitors?
The senior partners have been one of the main drivers in developing the office into a successful place that high achievers want to work. They are smart enough to know that good people need the freedom to really excel and develop. They know when to get out of your way and when to provide you with support. They think like entrepreneurs and makes choices that smart mobile businesses make when they want to prosper. In other words they get a lot right and are not afraid to invest in ideas and people. This translates into great staff retention and a thriving practice.
Reference no: 37440
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