Archive for Workplace Tips

Financially Planning for Longer Lifespans

In 1970, the life expectancy for a U.S. resident was 70.81 years. By 2016, that number increased by nearly eight years, to 78.69 years. Meanwhile, “full retirement age,” as defined by the Social Security Administration, has crept up from age 65 (for those born in 1937 or earlier) to 67 (for those born in 1960 and later). As people continue to live longer, yet retire around the same age, it becomes increasingly important to shore up and stretch retirement savings longer.

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The Gender Gap in the Finance Industry

In the U.S., the average woman working full-time makes just 80.5% of what her male counterpart makes. Individual choices and personal preferences on the part of workers partially cause this disparity. One Harvard study from 2018 found that the female workers within their study favored flexibility, work/life balance and family leave more than the men in the study. The men in the study favored the marginal wage increases in exchange for working more and/or less favorable hours and shifts.

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Career Advancement for Accountants

The accounting profession is constantly evolving and incorporating new practices, technologies, and trends. You’re always learning new things at work, but it’s also important to keep your skills relevant with a combination of education and professional development. This is crucial to establishing and advancing within your accounting career. According to Accenture, 80% of accounting and finance tasks will be delivered with automation by 2020.

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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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Your Team Is In A Funk. Now What?

You’re holding another team meeting, and half of your employees look like they’re about to fall asleep. People are showing up late and calling in sick more often than normal. They’re doing what they need to do to keep their jobs – no less, no more. Your team is in a funk, but what can you do about it? How can you push everyone to re-engage and get motivated?

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How to help clarify tax reform for your clients

The Tax Cuts and Jobs Act (TCJA) is the most significant overhaul of the U.S. tax code since 1986. Even the pros are still working on wrapping their heads around how the changes will impact tax planning and preparation. Some clients haven’t felt the impact of the tax reform – most new rules don’t impact the 2017 returns being filed right now.

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