Author Posts

Take Advantage of the Talent Shortage, Work with a Recruiter

As an accounting or finance professional with the right mix of skills and experience, you’re a hot commodity. The talent shortage in the industry is making hiring harder for employers, but this demand presents an opportunity for candidates. Companies are increasing salaries and offering better benefits. Generous bonuses and greater professional development opportunities are more commonplace. Here’s a look at why, even in a job market that favors employees, working with a recruiter is more valuable than ever.

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How to Find the Right Career Mentor

One of the best ways to learn the ropes at a new workplace or to take your career to the next level is by finding a mentor. Studies have shown that people with mentors earn higher salaries, are promoted more frequently, and report higher job satisfaction than those without. Some companies offer formal mentoring programs, while other mentor relationships may grow organically at work or school.

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211,000 Jobs Added to the Economy in April

The latest From the BLS Employment Report: Job creation in April soared to 211,000 while the unemployment rate fell to 4.4 percent, its lowest since the recession. So far this year, employers have added an average of 174,000 jobs. The average hourly earnings of private-sector workers grew 2.5 percent in the last year. This marks steady growth after a lackluster March. The boost in jobs growth confirmed that the tepid March numbers were a weather-related aberration, said Tony Bedikian, head of global markets for Citizens Bank.

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Changes Coming to Credit Score Calculations

Consumers with debt have something to look forward to in the Fall of 2017: a new version of VantageScore. This credit scoring model was introduced in 2006 by the three major credit reporting companies. The new credit score system, VantageScore 4.0, is supposed to provide more insight into a consumer’s use of debt and the risk a lender may be taking on by extending credit. How is the new model different?

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Rock This Tax Day

It’s showtime: Tax Day is here. And like the rockstar that you are, you’ve got this. All of your behind-the-scenes work is finally paying off. Your skills are taking center stage, and you have rocked this tax season. Tax professionals, take a bow. Here are just a few of our tax stars and how they are rocking during tax season: Tax Accountant: They prepare federal, state or local tax returns for their devoted fans, business establishments or other organizations.

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98,000 jobs added to the Economy in March

The latest From the BLS Employment Report: The third jobs report of 2017 showed that the economy continues to trend positively. The Labor Department reports that 98,000 jobs were added in March. The unemployment rate dropped to noticeable 4.5 percent, down .2 percent from last month. The change in total nonfarm payroll employment for January was revised down from 238,000 to 216,000. The numbers for February were revised down from 235,000 to 219,000. With these revisions, employment gains in January and February combined were 38,000 less than previously reported.

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Closing the Pay Gap

Equal Pay Day is Tuesday, April 4, 2017. This day originated with the National Committee on Pay Equity in 1996. April 4th symbolizes how far into the new year women must work to earn what men earned in the previous year. In the U.S., women earn around 80 cents for every dollar men make, though results vary when you break them down by industry and other factors. But no matter how you run the numbers, the pay gap in finance is one of the widest.

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