Gen Y in Public Accounting: A Conceptual Model of Retention

Authors

  • Benjamin Huegel St. Ambrose University

Keywords:

Retention, Public Accounting,

Abstract

The incongruence between the characteristics of Generation Y employees and the nature of work and operating structure within the public accounting industry is analyzed. It is theorized that this incongruence will lead to increased turnover rates among Generation Y employees and create a tipping point in public accounting as Baby Boomers continue to retire. Ultimately, this creates a deficit of midlevel employees that could potentially lead to decreased performance among public accounting firms. A conceptual model of improved retention emphasizing balance and flexibility, building a sense of accomplishment, and fostering an environment of achievement and progression is proposed.

Author Biography

Benjamin Huegel, St. Ambrose University

Benjamin Huegel is an assistant professor of accounting at Saint Mary’s University of Minnesota. He is currently on educational leave while completing his D.B.A. in management from St. Ambrose University. His current research interests include human resource issues in public accounting, training and development, and technology in accounting education.

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Published

2013-12-05

Issue

Vol. 4 No. 1 (2013)

Section

ABR Journal Articles

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