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Enhancing Your Firms Hiring Process
Enhancing Your Firms Hiring Process

By Giles Pearson on Sep 25, 2024

The blog promotes a webinar aimed at improving the hiring process for accountants, focusing on using objective evidence and validated tests to make better hiring decisions

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Would You Pay Your Accounting Manager $6,700 Per Week?
Would You Pay Your Accounting Manager $6,700 Per Week?

By Giles Pearson on Aug 07, 2024

The article discusses the hidden costs of making a bad hire, specifically focusing on the example of hiring a Client Accounting Manager for $100,000/year. Initially, the weekly cost, including benefits, is estimated at $2,300. However, the new hire underperforms, causing team friction and poor coaching. After 90 days, the manager is terminated, seemingly costing $34,500.

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Comparing Candidates to the Job Description, Not to Each Other
Comparing Candidates to the Job Description, Not to Each Other

By Donna Roughan on Apr 10, 2024

When selecting the best candidate for a role, comparing candidates directly to the job description rather than to each other enhances accuracy and fairness. By aligning skills assessment results with job requirements, employers establish objective benchmarks, streamline the hiring process, and ensure a positive candidate experience, ultimately facilitating informed hiring decisions and maintaining employer brand integrity.

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Forget Astrology: Master the Magic of Hiring
Forget Astrology: Master the Magic of Hiring

By Giles Pearson on Mar 12, 2024

Looking to hire top-notch accounting or bookkeeping talent? Say goodbye to outdated practices and hello to effective hiring strategies. Discover the dos and don'ts of the hiring process to attract the best candidates and make offers faster than ever before.

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Navigating the Talent Drought: 6 Strategies for Recruiting and Retaining Accounting Talent
Navigating the Talent Drought: 6 Strategies for Recruiting and Retaining Accounting Talent

By Donna Roughan on Mar 06, 2024

In the race to attract top accounting talent, recruiters top the list as the preferred choice, closely followed by networking and social media. Discover key strategies to streamline your hiring process, from highlighting your firm's unique perks to maintaining a positive online presence.

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Thrown to the Sharks: The Perils of Unpreparedness in the Accounting Deep End
Thrown to the Sharks: The Perils of Unpreparedness in the Accounting Deep End

By Donna Roughan on Mar 06, 2024

An accounting graduate, transparent about their lack of experience, faces overwhelming tasks and no support in a residential remodeling company. This illustrates the repercussions of inadequate hiring practices and the necessity for comprehensive onboarding and training programs to prevent stress on employees and risks to business integrity.

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Candidates Don't Drop Out Because of Assessment
Candidates Don't Drop Out Because of Assessment

By Giles Pearson on Feb 27, 2024

Explore the advantages of incorporating pre-employment assessments in accounting and bookkeeping firms' hiring practices. Research indicates that candidates who perform well in assessments are more inclined to complete them, enabling firms to pinpoint high-quality applicants efficiently, thus enhancing the hiring process.

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Company Ordered to Compensate Accountant Despite $30k Mistake
Company Ordered to Compensate Accountant Despite $30k Mistake

By Donna Roughan on Feb 05, 2024

A Disputes Tribunal ruling mandated a company to pay a former accountant $14,000 in wages despite significant financial losses attributed to his performance. The ruling highlights the importance of robust recruitment procedures and pre-employment testing to avoid "bad hire" scenarios.

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How To Avoid Hiring a ‘Stanley’
How To Avoid Hiring a ‘Stanley’

By Giles Pearson on Jan 17, 2024

Recent studies have actually put the financial cost of a bad hire in third place for its negative impact on an accounting businesses, behind lower morale and reduced productivity. “Stanley” was recently hired by an accounting firm in Los Angeles. His resume showed the experience he’d had with a reputable medium sized firm in a staff accountant role. He was personable and confident at interview, and was hired. The cracks showed within days...

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Science-Based Hiring: 5 Basic Principles to Improve Your Recruitment Process
Science-Based Hiring: 5 Basic Principles to Improve Your Recruitment Process

By Giles Pearson on Oct 09, 2023

No single recruitment tool will solve all your hiring problems, the reality is that the solution is a combination of tools put together in a thoughtful manner that are backed up by scientific evidence.

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Using Pre-Hiring Tests for On-Boarding in Public Accounting Firms
Using Pre-Hiring Tests for On-Boarding in Public Accounting Firms

By Giles Pearson on Oct 03, 2023

Discover how to maximize the value of hiring tests in your business. This article provides ten actionable ways to use these tests beyond the hiring phase, for effective on-boarding, personal development, and overall team efficiency. Leverage your investment in testing for a happier, more productive workplace.

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Interview Best Practice – Preparing for the Interview
Interview Best Practice – Preparing for the Interview

By Giles Pearson on Jul 25, 2023

Discover the importance of implementing a structured and competency-based approach to interviews for accounting and bookkeeper candidates. Learn how competency-based interviews reduce subjectivity, provide legal protection, and ensure consistent hiring decisions, while exploring key competency questions that assess candidate skills and behaviors.

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