Social and economic volatility sparked by the pandemic continues to shape employment opportunities across all industries, and Accounting and Finance skills remain among the most sought-after capabilities in the ultra-competitive job market.
With the accounting and finance sector unemployment rate at 2.8% in Orange County and 5.2% in Los Angeles — much lower than the national average — now is the time to plan for upward mobility or a career transition.
With many companies offering big signing bonuses, competitive benefit packages, and flexible work arrangements, the red-hot job market has been loaded with opportunities that tout more money and perks. However, the Great Resignation quickly become the Great Regret for many, with approximately one in four employees originally lured away by attractive incentives now saying they regret their decision. Many found their new jobs did not live up to expectations, they lack the support to perform their duties at the new company, or they feel an overall misalignment of values and cultural fit with the new organization.
Many of these employees are on the job hunt again. Although we typically see a small percentage of employees return to old employers in any given year, we expect to see this situation appear more often as we enter 2023.
Whether poached through aggressive recruitment practices or burnout from extra work as colleagues resign, many Accounting and Finance professionals reached out to us throughout the year seeking advice on how to navigate the job market.
The Alliance Resource Group marketing and research teams partnered together to report on the most pressing issues impacting the industry. We published more than 30 articles, papers, and reports to help job seekers and employees navigate 2022.
Here’s a list of our Top 5 career-focussed resources from the past year: