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CFADanny
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Joined: 23 Aug 2009
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| Posted: 23 Aug 2009 at 18:17 | IP Logged
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vtcheeks wrote:
From my standpoint, in my office, tax seemed safer
(probably more for obvious reasons of high work load/volume). There
were people who were "coached out" over the past 1.5 years due to
performance issues - if you can't keep up and get good ratings in your
reviews they will do what they call "coach you out." Overall, I do agree
that tax is safer.
For those of you who are applying to Big 4 please do keep in mind that
you do pay a significant price for the name. In tax, which was my choice
because of less travel and I enjoy the work, you will be very busy 9
months out of the year and likely be overworked. |
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what exactly does "coached out" mean? the etymology of it?
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BeantownCPA2b
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| Posted: 23 Aug 2009 at 20:49 | IP Logged
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Basically fired.... without being fired.... told to look
for career options else where.....
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CFADanny
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| Posted: 23 Aug 2009 at 21:42 | IP Logged
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so do they give u a timeframe before you are let go?
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BeantownCPA2b
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| Posted: 24 Aug 2009 at 01:10 | IP Logged
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Don't believe so its more of management sitting you down
and telling you that you are not cut out for this.....
at some point I would assume that they would just fire you
if you didn't take the hint.
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vtcheeks
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| Posted: 24 Aug 2009 at 08:39 | IP Logged
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What everyone else is saying is pretty accurate..."coaching out" means you are not preforming at the level they think you should. Some big 4 maintain that they do not "fire" Instead they coach out. For example the ones I know were told that they were not on par with their peers and that the company would work with them. They were given 2 months notice. For example, told in July that by September 1 they should have found another job. It is really disaapointing because these folks are often working very very hard but just not quite cut out for Big 4. Just not quite picking up on it as quickly as others.
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Topic: Big 4 Exposed
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