Industry Insights

An accounting graduate, transparent about their lack of experience, faces overwhelming tasks and no support in a residential remodeling company. This illustrates the repercussions of inadequate hiring practices and the necessity for comprehensive onboarding and training programs to prevent stress on employees and risks to business integrity.

Explore the advantages of incorporating pre-employment assessments in accounting and bookkeeping firms' hiring practices. Research indicates that candidates who perform well in assessments are more inclined to complete them, enabling firms to pinpoint high-quality applicants efficiently, thus enhancing the hiring process.

In the race to attract top accounting talent, recruiters top the list as the preferred choice, closely followed by networking and social media. Discover key strategies to streamline your hiring process, from highlighting your firm's unique perks to maintaining a positive online presence.

Navigating salary negotiations with accounting candidates demands careful strategy. It's crucial to strike a balance between offering competitive compensation and adhering to budget constraints. By emphasizing factors like market rates, transparency, growth opportunities, and company culture, employers can manage negotiations effectively and secure top talent.

According to the survey, 52% of applicants say they exaggerate responsibilities and 45% make up details like the number of direct reports - stuff you can't easily double check.

The last year of university is stressful, for the students… and their parents. Just a couple of years ago both my daughters, in their final year of studies, were applying for graduate positions. After dealing with late-night requests to read applications, tears, frustration and finally elation when they received an offer the process has gave me an insight into what works, and what doesn’t.

This informative blog provides a practical model for demonstrating the cost of a bad hire in public accounting and offers tips to avoid making one. Drawing on 25 years of experience, the author emphasizes the importance of hiring with a purpose, mastering the art of interviewing, verifying beyond the resume, emphasizing team compatibility, and swift decision-making.

Recent studies have actually put the financial cost of a bad hire in third place for its negative impact on an accounting businesses, behind lower morale and reduced productivity. “Stanley” was recently hired by an accounting firm in Los Angeles. His resume showed the experience he’d had with a reputable medium sized firm in a staff accountant role. He was personable and confident at interview, and was hired. The cracks showed within days...

Its no secret that we are operating in a candidate's market. Become an employer of choice and get your firm noticed by prospective employees. Not only will your workplace attract top talent in this candidate short market, but you'll improve retention of current staff, and create more efficient business systems as well. Discover the key principles and practical advice in this weeks blog post.

We’ve recently been hearing more and more about the topic of “candidate commitment” from clients who are dealing with candidates pulling out of final-stage selection processes. You know who I mean; the candidates that seem really interested in a role, say all of the right things and then at the last moment, when you offer them the job, they decide they’re not interested. 

With the working lives of so many impacted by COVID-19, it’s understandable that candidates’ priorities are changing too. Adjusting your approach can help you to attract talent despite industry challenges. Here’s a look at what to consider, and how to ensure your people strategy stays strong.