AICPA women's panel releases 'off-ramping' retention guide

Over the past few years, it has become evident that organizations in the financial services, accounting and consulting industries need to focus their energies on the attraction and retention of female professionals. As the CPA profession ages and demand for talent increases, implementing innovative recruiting and retention policies becomes essential to CPAs' professional survival and success.

Consider the following statistics:

The American workforce is shrinking: From 1946 to 1963 (a 17-year time span), 79 million baby boomers were born in the United States. The following two decades resulted in the birth of just 43 million people.
By 2008, women will make up 48 percent of the U.S. workforce.
Over their careers, 37 percent of professional women will voluntarily leave their jobs early – or “off-ramp” – and 30 percent will opt to take a flexible work arrangement, leaving fewer people to do more work.

This is alarming news for today’s business organizations, including CPA firms, where staff retention consistently ranks among top concerns.

To address this issue, the AICPA's Work Life & Women’s Initiatives Executive Committee has created a Guide to Building a Successful Off-Ramping Program. This free brochure provides innovative ideas to build employee loyalty and keep “off-ramped” individuals connected to the organization through improved technology options, flexible work arrangements, training, strategic communications, support systems and suggestions for facilitating the on-ramping process.

Download the brochure here.

To receive a hard copy, send your address, along with the number of copies you wish to receive, to womensinitiatives@aicpa.org.

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