Staff poachers ‘should pay transfer fees’

The accounting industry needs a transfer fee system to put the brakes on big companies poaching workers from financially weaker firms, according to Platinum Accounting CEO Coco Hou.

Staff poachers ‘should pay transfer fees’

“Hard-working small to medium size accounting businesses are being attacked by larger companies raiding their workforce,” said Ms Hou.

“If larger firms want to swoop in and poach our staff, then they should have to pay a transfer fee or provide compensation.

“This kind of approach works in the sporting environment, maybe we need to consider this type of arrangement in the accounting sector.”

Read more at Accountants Daily

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