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Letters to the Editor
Big Five Firms Put In the Effort But Still Lose
Here is the feedback he gave me: Rita, It would be my pleasure to provide feedback on your approach. I will begin by giving you my impressions, and then if you have any additional questions you would like feedback on, I would be glad to assist. I definitely liked your overall approach. To be honest, I thought it was better than any of the Big Five's. I liked meeting with Randy at the Fall Social, and I liked coming right in the office to interview. I just don't think you can get a good idea about a company by interviewing on campus. I also enjoyed the atmosphere of the office. Everyone was very nice, and it is a boost of confidence when you walk in and see the sign on the receptionist desk, "We proudly welcome, Josh Reno." Right away, I got the impression that I was important to your firm. I thought talking with about the generalities of the firm was helpful, and then getting a chance to talk to the different directors, including you, was very informative. I also liked the idea of having lunch with someone from the school (in my case two people from my school) who made up a good representation of the areas different people in the firm work in. I must say I left very impressed with the firm. Another very positive event for me was when you called from Nevada. It gave me the impression that I was important to your firm, or else you wouldn't have bothered calling from that far away. The explanation of the offer over the phone was also assuring. Finally, I must again say that it was very hard making the decision that I did. You and your teammates did a wonderful job in recruiting me, and for that I am very appreciative. If it is any consolation, your firm was second on my list of offers, finishing ahead of the Big Five firms. Your firm has a lot to offer, and if you continue to recruit in the present manner, I do not see why you wouldn't attract top students from any university in the future. Good luck with everything, and I wish you continued success. If you have anything further, please do not hesitate to call. Name Withheld This kind of feedback (and effort) and we still lose. I recently heard a professor from Ohio University stress that "we" shouldn't talk so much about "busy season." Every career has it's busier and not so busy times and accountants dwell on it too much. I think he's right. -- Jan. 8, 2001 Letters to the Editor |
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I did enjoy this article. We are paying for the fifth year for recruits. What bothers me more is that bright, young grads are choosing not to go into public at all! We recently made an offer to what we considered an "all star." We "lost" him. It wouldn't have bothered me so much to lose him to another firm -- but he chose not to enter public accounting. Maybe now I understand why -- he'll get a better offer in a couple of years from the Big Five.