Online articles
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Displaying 1-30 of 56 results
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Engage employees for AI success
- 01 May 2024
- David De Cremer
Article discusses how in order to make Artificial Intelligence adoption a success it is important to keep employees happy and engaged. Employees find AI intimidating and their feedback is often not part fo the process. The author discusses what organisations must do to develop employee-inclusive AI practice and to keep their employees happy, productive, and engaged.
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When I grow up, I want to be...
- 01 Oct 2023
- Susan Muldowney
A look at the challenges faced by the accounting profession in attracting young talent, as enrolments in accounting-related university degrees decline. Topics include the need to change the perception of the profession among young people, showcase the diversity of roles within accounting, and address outdated stereotypes of brown cardigans.
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Moulding the future via employee ownership
- 01 Aug 2023
- John Dormer
Employee ownership can help businesses retain skilled individuals and recruit new talent, whilst boosting productivity and profitability, says John Dormer. By using Employee Share Ownership Plans (ESOPs), employees can acquire equity in a business tax-efficiently. And if a business is being sold, owners may wish to sell it to their employees using an Employee Ownership Trust (EOT). The benefits and tax advantages of some of the most popular forms of ESOPs are explained.
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Inc. Best Workplaces 2023
- 01 May 2023
- Bill Saporito
Business magazine Inc.'s list of the best US companies to work for in 2023. Some of the most popular companies focus on employee wellness - particularly mental well-being and work-life balance. They have found ways to extend their culture without busting the budget; for example setting up a meditation room or offering a quarterly 'mental health day'.
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Creating an internal talent marketplace
- 01 May 2023
- Bo Cowgill, Jonathan M.V.Davis, Bettina Hammer, Pablo B.Montagnes, Patryk Perkowski
Match your company's skill needs with suitable existing employees by setting up an internal talent marketplace (ITM). The article describes the pros and cons of ITMs and explains how to build and optimize one. They are particularly suited to industries with high worker-replacement costs, large workforces and employees who tend to be generalists.
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Three daily leadership habits that build high-trust relationships
- 01 Mar 2023
- Jennifer Colosimo
Jennifer Colosimo shares three proven daily habits that can help leaders create a high-trust culture that retains employees and drives business results. She has found that the most important element to creating lasting leadership success is building, extending, and restoring trust among teams.
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Auditing recruitment algorithms
- 01 Jan 2023
- Sebastian Klovig Skelton
The article focuses on the process of auditing artificial intelligence tools for bias which is being done under the partnership of Parity AI, an independent algorithmic auditing firm and Beamery, talent acquisition and management platform. It is discussed that auditing is important for future regulatory compliances and also for reducing artificial intelligence induced harms to businesses dependent on it.
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Rethink your employee benefits
- 01 Jan 2023
- Amy C.Edmondson, Mark Mortensen
To retain talent, offer your staff more than just flexibility, say the authors. While material aspects of jobs such as pay and flexibility are immediately appreciated, they're easy for competitors to imitate and their impact on employee retention is the least enduring. Instead the authors recommend designing an employee value proposition composed of four interrelated factors: material offerings; opportunities to develop and grow; connection and community; meaning and purpose.
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BDO aims to increase diversity and inclusion
- 21 Dec 2022
- Michael Cohn
An interview with Bernadette Pieters, who was appointed as BDO USA's first diversity, equity and inclusion officer in 2022. She discusses the progress made at the firm towards improving its workplace diversity. 'Intentional mentoring' to help retain staff from diverse backgrounds is one of her focuses, as well as revisiting job postings to describe opportunities in a clear and concise way.
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Emphasizing DE&I in employee retention
- 01 Dec 2022
- Rinku Bhattacharya, Jain Shreyanse
While it's important for companies to recruit a diverse workforce, they must also ensure that they retain that talent to realize the full benefits. Companies should work on creating a sense of belonging and also continuously evaluate their diversity programs.
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The value of connectors
- 01 Dec 2022
- Romana L. Autrey, Tim Bauer, Kevin E.Jackson, Elena Klevsky, Margaret Shackell
Team members who act as 'connectors' can help reduce employee turnover, according to a new research study. The authors take a look at the traits and skills of connectors - including being personable, the desire to relate to others and the ability to influence others - and the implications for teamwork in the finance function.
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Don't underestimate the power of allowing employees to unplug
- 01 Jun 2022
- Penny Crosman
Many companies on American Banker magazine's 'Best Places to Work in Fintech' list offer sabbaticals or generous vacation time, which helps attract young talent and lets long-term employees re-energize. The article showcases the sabbaticals offered at Ascent Funding, Wise and Alkami as examples, and looks at the advantages and challenges for companies offering these benefits.
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Making succession planning effortless
- 01 May 2022
- Brannon Poe
An accounting firm broker discusses how to create a firm which is in a good place for succession planning and staff retention. Tips include: focus your service offerings, be selective about your clients, hire staff to fit your firm culture and price your services appropriately.
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What's in the water at PepsiCo?
- 01 Jan 2022
- Phil Wahba
The fizzy drinks manufacturer has also produced 16 current Fortune 500 CEOs. Phil Wahba has researched PepsiCo's highly developed talent management system that identifies and intensively develops high performers within the company - known as "hi-pos". The top 20% of PepsiCo's performers are systematically lavished with training programs, stretch projects, mentorship and opportunities to try new things.
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Creating ambassadors from departing workers
- 01 Mar 2021
- Alsion M Dachner, Erin E Makarius
Article discussed best practices for 'offboarding' departing employees, an increasingly important part of talent management. this can enable the ex-employee to be an ambassador for their formal employees and maybe even return to the organisation at some point.
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The 5 talent management shifts firms need post-COVID
- 10 Aug 2020
- Evan Ishida, Jack Ricchiuto, Jen Margolis
Article discusses how accounting firms will need to work differently to retain the best and brightest in the post-pandemic future.
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RPA is ready for its close-up
- 01 Jul 2020
- Antoinette Alexander
Article looks at how robotic process automation is delivering big benefits for accountancy firms and is not out to replace employees but to augment their roles and allow them to focus on higher value work.
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New employee retention tool has four legs and goes woof
- 01 Feb 2020
- Thomas Woods
Article looks at the pet friendly policies introduced by some banks and fintechs and why they work.
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Retention plan: Carriers get creative to keep employees happy
- 01 Feb 2019
- Kate Smith
Article reporting on the efforts made by insurance companies to retain employees. It mentions the use of basic fringe benefits such as health insurance and retirement plans, flexibility in work time and space, and career development services.
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We have take off
- 01 Jan 2019
- Alison Walker
The government's apprenticeship reforms have prompted many sectors to rethink how they recruit and retain talent across all levels of their business. Alison Walker looks at how the airline industry has responded, and what other sectors can learn from its success.
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The key to unlocking hidden talent
- 06 Dec 2018
- Amanda Visser
Looking at financial and talent management within organisations, this article examines tools that firms can use to identify potential and how they can offer opportunities to employees to make use of these hidden abilities.
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Benefits of investment in training outweigh the costs
- 01 Nov 2018
- Kelli Cruz
The article discusses the benefits from investing in training and development of employees as an effective employee retention strategy. It identifies the negative side effects of high employee turnover, suggests the establishment of a culture of learning wherein employees are encouraged to identify deficiencies in their jobs and choose the training they need, and recommends the development of mentorship programs.
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Digital transformation for today's CPA firms
- 01 Oct 2018
- David Sharp
The article discusses digital transformation for accounting firms in the U.S. as of October 2018. The accounting sector reportedly face cultural and practical barriers to digital adoption as it is led by an older workforce and is struggling to attract younger talents. Also discussed are the investments needed for digital transformation and its benefits
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Unconscious bias: what's age got to do with it?
- 01 Jul 2018
- Jann E Freed
The article reports on unconscious biases towards older employees in the workplace. Unconscious biases are deeply held attitudes that could include race, gender, appearance, social class, etc., and can influence and undermine recruiting efforts, talent development, and promotability. It is said that depending on one's pre-existing attitudes about age, it is possible to have an unconscious bias about age.
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Respect in the workplace
- 01 Jul 2018
- Kristie Rogers
Leaders have an incomplete understanding of workplace respect, which hampers their efforts at talent management and employee retention. To better understand employee attitudes, the author spent 15 months studying a unique work program for female prison inmates—a context that sharply highlights the differences between a respectful environment and a disrespectful one.
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Recruiting is only half the battle
- 01 Apr 2018
- Sean McCabe
The article discusses the processes in hiring accountants and the things needed to maintain employees in accounting firms. It mention that it is normal for accounting firms to formulate a more attractive working environment to have an appeal for the young talents particularly in a number of millennials. It adds that there are a number of things that accounting firms should contend with in hiring millennials including making sure that they have a proper career path.
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Agility in HR
- 01 Mar 2018
- Peter Cappelli, Anna Tavis
Human resources departments are adapting to the changing business environment and employment culture. This article looks at the biggest changes affecting talent management, employee training and performance appraisals.
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Pay, perks, culture create recruiting success: With talent in a power position, accounting firms of all sizes are learning new ways to find and attract staff
- 01 Mar 2018
- Sean McCabe
The article offers suggestions from recruiting experts on how companies can find new ways to attract talent in accounting. Mike Bevolo, senior recruiter at Top 100 Firm UHY, notes that brand awareness is a critical factor when people look for accounting jobs. He says that the public image of a company, brand enhancement, and the ability to equate a company to a specific culture are major factors responsible for attracting additional talent going forward.
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Psychometric testing no longer meets business needs
- 01 Mar 2018
- Katie Jacobs
Discussion of the tendency of human resources (HR) leaders' to rely on psychometric tests to recruit and support talent development. Topics covered include the commercialisation and expansion of psychometric tests, reasons why psychometric tests should be used only for informing decision-making and not to make decisions, and the matching of psychometrics to job roles.
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Employee value proposition
- 01 Dec 2017
- Siddharth Reddy
An EVP is the complete offering a company makes to its employees in return for their best efforts. It assures employees of stability, transparency and engagement at every stage. A well thought-out EVP is one of the most effective strategies for attracting and retaining the right talent.
Displaying 1-30 of 56 results
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