Industry Insights

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.

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.

So much talk about how we can improve the profession by offering better a better working environment – for example a 4 day working week.  When I say talk, that’s where a lot of it starts and ends, but then I read about a couple of firms who have introduced a 4 day working week, without losing any productive hours time.  That got my attention – read here to see how they did it.

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...

According to the survey, 52% of applicants say they exaggerate responsibilities and 45% make up details like the number of direct reports - stuff you can't easily double check.

Explore the internal struggles and external factors contributing to Syndrome Delve in the accounting and bookkeeping industry. Gain valuable insights into identifying signs of heightened apprehension and learn practical strategies to overcome self-doubt. Discover empowering ways to navigate challenges and embrace personal growth.

The last year of university is stressful, for the students… and their parents. Just a couple of years ago both my daughters, in their final year of studies, were applying for graduate positions. After dealing with late-night requests to read applications, tears, frustration and finally elation when they received an offer the process has gave me an insight into what works, and what doesn’t.

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.

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.

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.

"Stay interviews," a proactive approach to employee retention, can prevent small grievances from snowballing into reasons for departure. By understanding what motivates your employees and addressing potential issues early, you not only retain key staff but also foster a more contented and productive work environment.

Integrity is a non-negotiable trait in accounting, laying a trustworthy foundation for success, enabling expert conflict resolution, fostering sound decision-making, and promoting a positive team culture. Making it a central criterion in your hiring process not only ensures smooth business operations but also safeguards your company's reputation