Show up at the office, young BVers advise remote workers

BVWireIssue #261-1
June 5, 2024

practice management and growth
business valuation profession, practice management

You might think that the younger generation of valuation professionals would totally embrace remote work, but that is not so. It’s important to be in the office at least from time to time, advised a panel of next-generation valuation professionals. Going into the office is “an investment in your future.” Also, check office norms, that is, if the firm’s policy is in-office two times a week and everyone is coming in three times, then you should do the same. A work-life balance is important, but make sure it is optimal for your situation.

These comments were made at the ASA’s Beyond Valuation conference last week. The panel included Jacquelyn Marsac (VRC), who acted as moderator; Weston Kirk (Willamette Management Associates); Roslyn Lo (Empire Valuation Consultants); and Samantha Albert (Mercer Capital).

The panel’s remarks reinforce what we’ve been hearing elsewhere, including comments from Big Four practice leaders that remote workers are at a disadvantage to some degree in terms of career matters. That is, they are not utilized as much and are passed over in favor of staff who are more visible in the office. Also, turnover is reported to be higher among remote workers.

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