Industry Insights

Ryan concludes that accounting firms should treat new hires like any other investment decision – what is the ROI, especially in terms of the tasks this new person will be able to take off the firm owner.  This will likely sway decision making more towards hiring senior rather junior than might otherwise have been the case. Taking the strategic view might result in a different decision than initially considered.

When used effectively, phone-interviews bring all the benefits of identifying the best candidate for the role, without the current risks and expense of bringing candidates in from all over and organizing the resources to accommodate interviews and candidates.  However, they also bring the considerable risk of missing out on great candidates when run ineffectively.

International recruitment consultancy Robert Half reported that 46% of the businesses surveyed to develop a recently released report had made a bad hire in the past 12 months, with small businesses feeling the greatest impact.

A good education and an outstanding performance during interview does not equate to a high performing individual. In order to gauge a candidate’s abilities, you need meaningful data. The following three tips will help to keep your recruitment process focused on the data that matters, reduce the effects of bias, and uncover each candidate’s true capabilities.

Check out this quick read to get real time tips for conduction stay interviews. You’ll also learn the best questions to ask to get to the core of what motivates your staff at work, how to encourage loyalty, and foster an attractive workplace culture

A New Zealand company has developed a test for prospective accountants that can identify whether they are “backroom number-crunchers or strategic business advisers”.

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Starting a conversation about under performance is never easy. Acknowledging the role you play in this person’s success (or otherwise) is crucial to setting the stage for a constructive discussion

Guest author Ed Chan from Wize Mentoring walks us through the 3 top principles to get the best out of your accounting staff. This is the key to working ON your business and not IN it.

Hilary Briggs shines a timely light into the perplexing subject of whether to invest in Team Building during tough economic times, and recommends an effective approach to match budgets and circumstances

In a candidate short market, the increasing time pressures and lack of talent are forcing some quick hiring decisions. But lowering the standards of your selection process is not the solution. Selecting the wrong candidate costs more than time and money. As one firm owner recently found out, bypassing valuable steps in the hiring process cost him not just money, but time, reputation, and even his own wellbeing.

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.