RSM UK, the seventh-largest business advisory firm in the UK, has recruited a record 600 trainees, almost a 50 per cent increase on the 2020 intake of 383 trainees. The new intake includes 429 graduates and 103 school leavers.
Accountancy Daily reports that the company has increased its graduate intake by 50 per cent on the previous year, and 65 per cent on pre-pandemic levels, as well as increasing the intake of school leavers by 47 per cent in 2020 by taking on 103, compared to 70 school leavers who joined the company in 2020.
The trainees are based throughout the UK and spread across the audit, corporate finance, risk, restructuring advisory, financial reporting, and IT teams.
The increase in trainees reflects RSM’s strategy to strengthen the company from within and aims to become the ‘first choice advisers to middle-market leaders’ globally.
The company’s new recruitment policy runs counter to current recruitment trends in the UK, as university leavers are competing for 24 per cent fewer roles this year compared to 2020, according to job marketplace Indeed.
Rob Donaldson, the chief executive of RSM said: “The jobs market is extremely competitive for young people, and this has only been exacerbated by the pandemic. I am glad we are able to offer a first step on the career ladder to so many bright, intelligent and hardworking individuals at what is, an exceptionally challenging time.”
He added that while the past 18 months have proved challenging for everyone, the company has continued to invest in and grow the business throughout the pandemic, and can offer equality of opportunity for recruits to start and grow a thriving career a the firm.
Donaldson explained that RSM has expanded its graduate and school leaver intake to broaden the pool of talent in the firm, including working with social mobility charity Leadership Through Sport & Business to recruit ambitious young people at the start of their career journey, supporting them to become future leaders, as per RSM’s long term strategy.
The recruits will receive support why studying for their professional accountancy qualifications from multiple associations such as the ICAEW (ACA), Association of Accounting Technicians (AAT), Association of Taxation Technicians (ATT), Institute of Chartered Accountants of Scotland (ICAS) and Association of Chartered Certified Accountants (ACCA) qualifications.
The recruits will also benefit from a comprehensive internal development programme that focuses on developing a wide range of skills and supporting wellbeing and additional opportunities from technical development to participate in charitable activities.
RSM also offers sponsorship of the Duke of Edinburgh Gold award.
Victoria Kirkhope, people partner at RSM said: “Our people come from a range of backgrounds and bring with them a range of experiences, and they are truly the heart of our business.
“Those who join us can expect a supportive and collaborative culture where our people are afforded variety, autonomy, and the space to learn and grow. I wish every one of our new trainees a long and rewarding career with us.”
Accountancy firm BDO has also recently announced that it has also recruited 600 new trainees.
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