Two of the hottest topics relative to accounting & finance professionals revolve around recruiting and retention. Recruiting talent is a weeklong seminar to itself. If employees are to be retained though, engagement is a must. It is so important for driving productivity and retention. 💼📈 According to a recent Forbes article, there are several proven & basic strategies to increase employee engagement. These [...]
In a recent survey by BambooHR, a surprising 25% of C Suite and VP level executives and 20% of HR professionals admitted that they hoped return-to-office (RTO) mandates would lead to employee resignations. 😱 The survey seems to shed light on the alternative intentions behind the push for RTO policies. It appears that some companies are using RTO as a strategy to reduce [...]
Noncompete agreements are a hot topic in 2024 due to an April ruling by the FTC. While I’m no attorney, I’ll do a brief flyover of non competes, their history and 2024 developments. ✈️ 🔒 Noncompete agreements (NCAs) have a long history, originating in 15th-century English common law 🏰. These clauses aimed to prevent apprentices from competing with their masters post-apprenticeship. In the [...]
While out having a “cold friendly” 🍻 with a CFO friend of mine last night, a recent popular meme became topic of conversation. I’ve been seeing this meme floating around as well so let’s look at the info. 👀 In a December survey by Intelligent.com of 800 US managers, directors, and executives involved in hiring, it was found that 38% of employers avoid [...]
Networking. Not necessarily a topic most CPA’s get all that excited about. After all, while there are exceptions, we're not exactly your typical social butterflies 🦋. Just because it’s not in your DNA, it doesn’t diminish the importance of building connections and expanding professional circles. So, why should networking be important for CPAs? 🤔 Well, here’s one reason, : many experts suggest that [...]
Earlier this week we learned about the audit automation firm AuditBoard and it’s $3B exit. Made me think about automation, AI and it’s effect on CPA firms. Turns out, I’m not the only one wondering. Embracing connected, cloud-based accounting technology can be a game-changer for accounting and CPA firms, with a potential 39% increase in revenue per employee! 📈 According to the Rightworks [...]
New boss same as the old boss? Familiar with the feeling of having to adapt to a new boss every few months? A revolving door of leadership can bring uncertainty and stress, impacting not only your work but also your career progression. Let’s consider how to handle a situation like this. 👨🏻💼 First, let's address the elephant 🐘 in the room: the emotional [...]
💼 Well that interview seemed to go really well! But what happens after the big day? How do you ensure you stay top-of-mind without being too pushy? 🤔 Following up after a job interview is important to the hiring process, and it's important to do it right. Here are four non-annoying ways to follow up after an interview, so you can stand out [...]
Given the current and future CPA shortage, it seems like a good idea to consider all factors that may attract, deter and retain industry professionals. Here’s one. The 150-hour requirement for CPA certification has long been a topic of debate within the accounting profession. Recent data suggests the need for a re-evaluation of this mandate, particularly in terms of its impact on diversity [...]
In the current economic climate, job security is a significant concern for many employees. According to a number of studies conducted headed into the new year, a staggering 85% of workers fear losing their jobs in 2024. This anxiety is fueled by various factors, including economic instability, technological advancements (AI), remote work dynamics, and ongoing health issues.😟 However, the actual data on job [...]