Archive for Salary Guide

How to Attract Top Accounting & Finance Talent

In accounting and finance, high-caliber people are essential. These areas of a company provide a valuable service to shareholders, decision makers and other employees, and they must be ready to take on new responsibilities when the need arises. Meanwhile, today’s employers face one of the most competitive labor markets in recent memory. Accounting and finance professionals know their skills are in high demand, and they’re more discriminating than ever when evaluating job opportunities.

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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 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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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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10 Top Accounting and Finance Jobs for 2018

Over the past couple of years, the economy has finally started to come back into full swing. The unemployment rate has been trending down – currently hovering at, or just below, 4.5 percent. The amount of jobs added to the economy each month has also been on the rise. In fact, the job market has returned to being a candidate’s market, with employers competing for the best talent.

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Snapshot of a Tight Accounting & Finance Labor Market

It’s a good time to be an accounting and finance professional. Unemployment is low, and talent is in high demand. Here’s a look at what’s behind the tight labor market and what it means for employers and job candidates. The Bureau of Labor Statistics recently released its Current Employment Statistics Highlights for August of 2017 showing jobs in financial activities and professional and business services (the sector that includes accounting, bookkeeping, and payroll services) continue to trend up.

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Find the Right Balance between Compensation and Expectations

Compensation is an age-old tool of business—a reflection of the labor supply and the demand of the market. The word salary is actually derived from the Latin word sal, meaning “salt.” According to Jack Weatherford’s The History of Money, once upon a time, merchants in Africa mined slabs of pure salt, which were easily cut into standardized sizes and used as a form of payment for goods and services. Interesting, right?

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