[PeteMoss]

Originally Posted by GirlySports

There are just too many degrees. I hire accountants out of school (B.Comm) and pay $35,000. And every time I post an ad, I get 150+ applicants. $35,000 sounds low, and it is, but we subsidize them into the CA program, so that's a perk. I recently hired someone who moved from Toronto, graduated U of T and said in Toronto, the same job pays less than $30,000. Imagine accruing debt from U of T, living in Toronto and making less than $30,000. But that's the fact of life right now. Too many degrees, it's an employer's market. They can choose from anyone, degrees, good GPA, good experience for low wages. And with COVID, the number of applicants is even more. Universities charging more because they can and employers playing less because they can. As Wastedyouth mentioned, symbols of success to get that degree. The undergraduate degree trap.

The beginning of virtual every accountants career is a joke because the CPA (CA before) require them to get hours at certain positions. It's basically a scam by the big accounting firms so they can get cheap labour to work long hours because people need to fulfil their CPA hours. Once they finish their CPA, I'm sure they all leave or get raised to a proper salary.