RSM UK has recruited a record high of 600 trainees which is nearly a 50% increase from last year’s total trainee intake of 383
The audit, tax, and consulting firm has recruited almost 600 new recruits which include 429 graduates and 103 school leavers with the majority joining RSM in the summer.
RSM has increased its graduate intake by 53% on the previous year and 65% when compared to pre-pandemic levels. It has also increased its intake of school leavers by taking on 103 this year, up by 47% from the 70 who joined the firm last year.
The trainees are based throughout the UK and spread across the audit, corporate finance, risk, restructuring advisory, financial reporting, and IT teams.
The record intake is part of RSM’s strategic intention to strengthen the firm from within its own ranks, and over the long term, to help become ‘first choice advisers to middle-market leaders’ globally.
RSM’s recruitment policy also runs counter to the national trend as university leavers compete for 24% fewer roles this year compared to last according to a report by job site Indeed.
Rob Donaldson, CEO, 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.
‘While the past year and a half has been difficult for everyone we have continued to invest and our business grew through the pandemic. We offer equality of opportunity to start and grow a career at RSM.
‘We have expanded our graduate and in particular our school leaver intake to broaden our pool of talent including working with social mobility charity Leadership Through Sport & Business to recruit talented, ambitious young people at the start of their career journey. Supporting them to become our future leaders forms a major part of our long-term strategy.’
The recruits will be supported in 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 trainees will also benefit from a comprehensive internal development programme focused on developing a broad range of skills and supporting wellbeing, and further opportunities from technical development to participating in charitable activity. It also offers sponsorship of the Duke of Edinburgh Gold award.
Victoria Kirkhope, people partner, 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.’
The news comes after accountancy firm BDO announced in early September that it had recruited 600 trainees.