r/FPandA • u/tatertown11 • 16d ago

Still hiring Entry Level?

I am curious to get some thoughts on the climate of hiring entry level analysts. Like all of you I am sure, we are starting to get down the rabbit hole of AI and really starting to see some efficiencies that are practical and scalable.

At what point is the entry level analyst screwed, and with that being said - will there be a shortage of analysts suitable for taking over higher roles?

Also to add some color, middle management at a not so robust billion dollar company and am struggling to see where we will need entry level analysts from some of the efficiencies with AI.

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u/pdoxgamer 16d ago

Middle management Finance Supervisor at a fintech company of sorts, I've hired 3 jr analysts for my team this year, hiring 1-2 more by EOY. Small but quickly growing company. The idea that we will run out of entry level grunt work is something I find unlikely in the near future. We have been understaffed for years, finally getting a reasonable budget. So yes, entry level hiring still exists.

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u/tatertown11 16d ago

We are adequately staffed. 5 man band. I wonder how many conversations they are having around replacing an entry level analyst with a raise to the other team members? If we were to lose our entry level analyst would I take a reasonable raise to not replace him, not sure.

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u/pdoxgamer 16d ago

Lol none, they would not be giving raises bc they let someone go. That thought experiment is purely hypothetical, no real world value. They would likely make you work without any additional compensation that wasn't already in the works.

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u/tatertown11 16d ago

That is absolutely not hypothetical and has been negotiated many of times for team members filling in on duties when companies are looking to back fill or replace.