Friday, May 23, 2008

V. Pattabhi Ram

"Talent gravitates to areas where rewards are high. In CA, for example, we find that the freshly-qualifying CAs move increasingly to industry rather than start their own professional practice. Rewards are low and lead times are long in fresh practice, and size has become critical for CA firms. Also, partnership in firms is perceived, these days, more as a job than as a position that offers scope for entrepreneurship, and 'ownerhip'. Worryingly, again, CAs with short experience are taken as 'partners', as a sop perhaps for retention."

V. Pattabhi Ram, CA, Chennai
May 23, 11.15 am

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