We recently took a dive into the prospective job market for accounting in 2020 and discovered the top accounting jobs are those in which technology integration plays a feature role – particularly in the form of AI, automation, or machine learning. With that in mind, it’s no surprise that the post-pandemic trends in this new era of work are highly centered around technological adaptations: hybrid working arrangements and digital upskilling of employees to meet the new work model.
Read more »Alternative Careers for Accounting Majors An accountant’s career path is usually clear-cut. Start out with experience as a financial analyst or auditor. Take the CFA or CPA exams. Refine your management skills to rise through your organization’s leadership ranks — maybe even become a chief financial officer. What happens, however, when your passions change — when you want something new?
Read more »Within organizations today, one of the most delicate balancing acts that boards of directors and compensation committees must perform involves setting executive compensation packages. Over the past decade, seemingly lavish executive compensation plans have faced significant scrutiny from the public, media outlets, shareholders, regulators, and politicians. What is executive compensation?
Read more »Cash is king. Or is it?
Read more »Millennials are adaptive, tech-savvy and their generation makes up the largest share of the American workforce. It’s no wonder that the business world is obsessed with hiring Millennials. But traditional recruiting methods are unlikely to work with this skeptical generation. They know their skills are in high demand, and they are adept at connecting with people in ways beyond phone and email. So what is the best way to work with Millennial candidates?
Read more »Artificial intelligence in accounting tends to conjure up images of sci-fi movies and cyborgs taking the place of humans. In fact, the idea of artificial intelligence has been around for a long time, and it’s much a more collaborative technology than you may realize. The first artificial intelligence projects were initiated by academics in the 1950s who were trying to understand whether computers could think like humans and simulate our behavior.
Read more »Few people like to ask for help. Even fewer people like to ask for help at work. They worry they’ll be perceived as incompetent, annoying or lazy by their coworkers or believe asking for help means they aren’t up to snuff. But whether you’ve just received a promotion, landed your first job out of college or are making a career change, the modern workforce requires collaboration and cooperation – traits you won’t find working on your own.
Read more »Today’s American workforce has four distinct generations working side-by-side: Baby Boomers, Generation X, Generation Y, and Generation Z. For a company to succeed, all must coexist productively. Every generation offers distinctly different challenges, strengths and work styles. The key to working with a multigenerational workforce is understanding the needs and expectations of each generation to leverage the combined potential of the group. Gen Y (Millennials) and Gen Z are the talk of the town. But what about those that came before them?
Read more »Companies looking to expand their accounting and finance teams are running into a problem. In the current economy, there just aren’t enough accounting and finance professionals to go around. While total U.S. employment is at just 3.8 percent as of June 2018, the unemployment rate for accounting and finance professionals is even lower than that. This means more employers are having trouble filling job openings. There is also more competition to hold on to the talent they already have.
Read more »Employers in every industry – even tech – say they’re now hiring for emotional intelligence. But what exactly is emotional intelligence? Why exactly is it so crucial? And perhaps most importantly, how do you hire for it? Today we’ll take a look at the issue and provide tips for finding finance candidates that have the right mix of hard and soft skills. What is emotional intelligence?
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