Archive for Clients

Succession Planning: How to Identify Leaders

For an organization to grow and continue to meet its goals, it needs a plan in place to identify and develop leaders. Many companies have programs in place for leadership development, but to properly identify leaders is perhaps even more important. It can also be more challenging. When companies identify leaders early in their careers, they have more opportunities to develop their skills. Good leaders are cultivated over a career, not in a period of one to two years, so it’s crucial to start early.

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Benefits: The Other Kind of Compensation

Your employees may not regularly think about compensation aside from salary, but good benefits can truly impact their lives. Paid-time-off may give someone a chance to travel and see the world. Flex hours might allow another person to spend an afternoon volunteering in their child’s classroom. Health insurance can save a life. It’s no surprise, then, that our survey of 1,000+ full-time workers in the U.S. found that benefits really do make up a large part of the employee value proposition.

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How to Win the Hiring Game in a Tight Labor Market

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.

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The Impact of a Hiring Mistake

Nobody wants to hire the wrong person. You’ll spend time and money on training and trying to help them fit into the organization. Often, that time and expense are wasted because the individual will leave your organization soon –voluntarily or otherwise – and you’ll be forced to find a replacement. And that’s not even the real impact of a hiring mistake. The Society for Human Resource Management suggests the cost of turnover can run as high as $150,000 for an accounting professional.

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In the war for top talent, here are a few hiring tips to consider

With employers struggling with hiring in a tight job market, many are rethinking their requirements to fill roles. There’s a lot of competition for top talent, so skills and experience that were deemed essential just a few years ago are now considered “nice to have” rather than necessary. So how should hiring managers respond to a climate in which talent is increasingly scarce?

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How to Figure Out and Present a Fair Salary Offer

Making a salary offer is a pivotal time in the hiring process. As a business, you want to hire the best candidates. But you also need to consider your budget and prevent salary decisions from being based on whim or emotion. Offer too high, and you might be overpaying for talent. Offer too low, and you risk destroying trust with the candidate. Job seekers today have access to credible salary information. They know their worth. Do you?

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How to Choose Between Really Good Candidates

On some level, it’s a good problem to have when hiring: you’ve narrowed down your candidates for an open position to a few outstanding contenders. Both passed your thorough screening and reference checks with flying colors. Both boast the education, experience, and skills you require and dazzled you during the interview process. But both can’t join the team. So how do you choose the right one?

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