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I can’t get no satisfaction

The Rolling Stones said it best, it’s hard to find job satisfaction in your career. That’s why this edition of the newsletter is all about the most recently added field to our data set - employee reported job satisfaction.

Before we jump into the content, we’ve got a little holiday gift for you from our sponsor!

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Now to see what the data is telling us about accountant job satisfaction

Overall, the average rating on current job satisfaction was 6.84 out of 10, and has been trending steadily upward over the last 3 months. In October, the average rating was 6.60. in November it was 6.99 and in December it is 7.04 so far. Whether this is an impact of a worsening economic outlook giving people a more positive perception of their job, or influenced by people taking more time off and feeling refreshed around the holidays is unclear, but it will be interesting to see if there are clear seasonal trends to job satisfaction as we continue to collect data on this.

If we take a look at the job satisfaction ranking of the 9 firms with the greatest number of responses, we get the following ranking of job satisfaction, from highest to lowest:

1. RSM: 7.52

2. Moss Adams: 7.36

3. BDO: 7.33

4. Baker Tilly: 7.2

5. Grant Thornton: 6.95

6. Deloitte: 6.94

7. EY: 6.90

8. KPMG: 6.58

9. PwC: 6.44

After seeing these rankings, there seemed to be a pattern emerging of greater reported job satisfaction at large firms outside of the Big 4, so I did a break down of job satisfaction by firm size. The categories used were Big 4, Other Top 20 firms, and Other smaller firms - categorizations can be viewed here. Here were the findings:

1. Other top 20 firms had the highest average reported job satisfaction, with 7.18

2. Other smaller firms had the second highest average reported job satisfaction by a slim margin, with 6.81

3. Big 4 firms had the lowest average reported job satisfaction with 6.72 as the average reported satisfaction level

The Big 4 Transparency Job board is currently suffering from success

A few of our regular posters have filled their roles for 2022, and others have slowed down hiring efforts. If you’ve got a role you’d like to share to a network of nearly 5,000 accounting professionals, please get in touch with [email protected]

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