Industry Insights

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.