The 9th Annual Global Tax Market Assessment is now available!
The topics discussed in this year’s report will contribute to potentially turbulent waters across corporate tax departments. This information will help educate HR and Financial leadership on the challenges tax leadership faces when it comes to recruitment, retention, and development in 2023 and beyond.
Please enjoy this year’s report, and if you have any questions after reading it, let me know in the comments.
What effects has the tax market had on your tax department? As predicted in our Global
Tax Market Assessment earlier this year, many issues are impacting tax all at once, but the
most significant are the supply and demand pressures. That said, tax has recovered
remarkably well after the COVD-19 pandemic, thrusting us back into a hot candidate-driven
hiring market with inescapable retention troubles. This year’s Tax Hiring Outlook has
important data that you will want to read and understand to better educate your financial
and HR leadership.
This annual publication, conducted in partnership with TaxSearch, Inc, and British based BPA, is the leading predictive analysis of trends facing corporate tax departments that could impact staffing and retention. The GTMA is distributed worldwide in the first quarter of each year and has become a "must-read" resource for tax, finance, and human resource professionals that lead or support the corporate tax function.
TaxTalent, the career and leadership development community for tax professionals, recently released their findings on hiring trends within corporate tax departments. The 2019 Tax Hiring Outlook surveyed 400 corporate in-house tax staffing authorities on hiring strategies and projections for 2019.
Through this annual publication series and the 2018 report, we continue our commitment to inclusion and diversity by presenting the good news as well as the challenges that continue to exist for tax organizations attempting to achieve diversity in their employee ranks. This report identifies innovative approaches to attract, hire, and retain top tax talent as well as the perspective that enables us to see the critical intersections between retention, development hiring and diversity.
The annual Global Tax Market Assessment (GTMA) is the leading forecasting and predictive analysis of top trends
in staffing and retention facing corporate tax departments. This 2019 report examines how the perfect storm of tax reform, retirement of baby boomers, uptick of corporate transactions and the ever changing issues related to tax technology & AI has and will continue to significantly affect staffing and retention of corporate tax departments. Key factors related to this challenge are identified for each major region of the world as well as predictions and recommendations regarding how tax departments must respond. Key solutions for the future success of tax departments are presented including closer collaboration between tax and IT departments as well as tax becoming a more integrated partner with business.
This report provides insight into the tax hiring process from the viewpoint of corporate tax hiring authorities after year-end budgeting and provides conclusive information to support decision making. Survey respondents consisted of corporate tax department heads from across the country and the majority represented companies with over $9 B in annual sales. Additionally, this report serves to provide a perspective on any relevant trends that developed in the prior year.
