Staff turnover question

faulty_it

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I'm working at a firm where I badly want to resign... But am in a contract until later this year. We've had 20 people resign in under two years and we are 14 now.

Is this normal?

Or is there something wrong?

Asking to get impartial opinions.
 
Doesn't sound normal, but you don't need us to tell you that... :p
 
Accounting, articles, worried about other people getting conned into joining... All seems well in interview... Then it starts getting nasty. Experienced people turn away. They're approaching schools now. Offering a salary of +-R5500 p. M from which your study units are first deducted.
 
Have the exact same. I'm in the same industry, have to ask is this primarily SAIPA offices then offering them such low salaries? Even the SAIPA clerks start with at least 8.
Staff turnover also around the 20 in the 3 years i've been there. That's almost half of the office.
 
Have the exact same. I'm in the same industry, have to ask is this primarily SAIPA offices then offering them such low salaries?

Solely Saipa - a lot of in-house fighting between management... Political stuff.

I was offered R10'500.00 for post article junior manager position. A soon to be ex college had the position and disclosed that they had paid her R13'500.00 for the same position. So feel a bit screwed over. I still have to respond whether I'll take it. But is that industry standard? They kept saying that's what it is life everywhere?

Also for new articles, all have to sign 5 year contacts and sign a contract to give 2 months notice. If I accept I'll also have to give two months notice. That normal?
 
Solely Saipa - a lot of in-house fighting between management... Political stuff.

I was offered R10'500.00 for post article junior manager position. A soon to be ex college had the position and disclosed that they had paid her R13'500.00 for the same position. So feel a bit screwed over. I still have to respond whether I'll take it. But is that industry standard? They kept saying that's what it is life everywhere?

Also for new articles, all have to sign 5 year contacts and sign a contract to give 2 months notice. If I accept I'll also have to give two months notice. That normal?
Yes it's the norm for some people to get better offers for the same positions. This is why you have to negotiate...
 
Solely Saipa - a lot of in-house fighting between management... Political stuff.

I was offered R10'500.00 for post article junior manager position. A soon to be ex college had the position and disclosed that they had paid her R13'500.00 for the same position. So feel a bit screwed over. I still have to respond whether I'll take it. But is that industry standard? They kept saying that's what it is life everywhere?

Also for new articles, all have to sign 5 year contacts and sign a contract to give 2 months notice. If I accept I'll also have to give two months notice. That normal?

Agreed with Mike, you'd have to negotiate. Some have different skills and perform better. No salary would be the same for every given position. Regarding the 2 month notice, that's normal for manager positions. However looks like they have a very high staff turnover lead them to extend the notice periods longer. 5 year contracts? The articles are for 3 years, so whenever you're articles are completed to they expect you to leave?
 
Your experience sounds a little out of the ordinary (emphasis on little) because it is actually quite normal for smaller accounting/audit firms to "rip-off" young article clerks with small salaries, and because of the boring type of work and low salaries a lot of people tend to change their minds and move to other firms. These firms still play an important role, because the clerks get on the job training and actually get a job - a lot of people can't even find any job even after getting a degree.
 
Agreed with Mike, you'd have to negotiate. Some have different skills and perform better. No salary would be the same for every given position. Regarding the 2 month notice, that's normal for manager positions. However looks like they have a very high staff turnover lead them to extend the notice periods longer. 5 year contracts? The articles are for 3 years, so whenever you're articles are completed to they expect you to leave?

The article period is 5 years if you don't have a degree i.e. straight from Matric. This is normal and determined by SAICA. Not sure about SAIPA though.
 
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