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This blog discusses why the accounting profession struggles to attract talent, highlighting common issues like low starting salaries, poor work cultures (especially in Big 4 and tax firms), the high cost of education, and a "boring" perception of accounting. Professional organizations are working on solutions, and CAANZ (Chartered Accountants Australia and New Zealand) is making notable changes to improve accessibility.
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.
From TikTok to non-profit organizations, Gen Zers opt for a wide range of career paths, marked by flexibility and creativity. However, it seems tha...
Navigating salary negotiations with accounting candidates demands careful strategy. It's crucial to strike a balance between offering competitive compensation and adhering to budget constraints. By emphasizing factors like market rates, transparency, growth opportunities, and company culture, employers can manage negotiations effectively and secure top talent.
Managing candidate counter-offers can be tricky business. Check out these tips from Tara Waterman, Talent Manager at Principle People, to find out the best ways to successfully anticipate and manage counter-offers throughout the recruitment process.
When you’ve advertised a role for a lower level position a few times, and no one of any interest has applied, you get the message that the talent pool is dry. Hiring raw talent is hard. Training them once you’ve hired them is harder still, and much costlier. Making sure you start with the right people will mean it’s more likely this investment pays dividends for your firm. Know your candidates
Discover effective strategies to navigate salary negotiations when hiring accounting professionals for your firm. Learn how to strike a balance between offering competitive compensation and adhering to budget constraints while attracting top candidates
Want to see if Accountests will work for your company or firm? Click on the button for a FREE trial - use it on a candidate or get one of your st...
We are all increasingly aware that counteroffers are rife. And with a major talent shortage, they will happen even more often. Most recruiters have a few ideas on how to handle this, but they do too little, far too late. Welcome to the sophisticated recruiting 2021 and beyond.
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