As companies face recruiting and retention concerns today, a way they can establish their firm as an organization top finance and accounting professionals want to join and stay at is to foster a positive corporate culture. How can they do this? For one, inject an element of fun.
Not long ago, colleagues and potential employers had only two primary ways of knowing you: your resume and references. However, the widespread use of social media, blogs and other forms of online communication have made it possible for many people to create a reputation for themselves as well as market their image in the same manner as major corporations. In some cases, building a professional brand has almost become a necessity, as employers often have easy access to your career history, notable projects and connections.
You may not have a team of marketing agents at your disposal to craft your image in the finance and accounting field, but establishing your professional brand can be as easy as following a few steps:
Some of the best employees in the world haven’t been seen in the office for months. Would that worry you?
They aren’t missing persons; they’re members of the growing remote workforce. And if none of your accounting and finance staff telecommute yet, it’s only a matter of time before they ask about the idea. Mobile and internet technologies make managing remote employees viable, while cloud computing solutions for financial data processing and storage allow accounting and finance specialists to access everything they need from home or other locations.
Monday Management Minute,
The California gold rush seems to be back on!
A couple living in Northern California’s Gold Country recently unearthed several tins filled with rare gold coins, while walking their dog. Valued at more than $10 million, this newfound treasure will undoubtedly bring this couple financial freedom, and hopefully they’ll get the proper help they need to handle the accompanying accounting and tax issues.
Here are some more gold nuggets of news from the world of finance and accounting:
Harry Potter and the Philosopher's Stone,
The Kite Runner,
Sustainability Accounting Standards Board
“Onboarding,” “orientation,” “assimilation,” “integration,” call it whatever you’d like. It’s about helping the newly hired – in this case, finance and accounting employees – adjust to an unfamiliar department or team.
The first day, two, 30 or 90 on the job take some breaking in, and it can help to have a friendly, familiar face around the office. But the multipronged orientation process can really involve a variety of different approaches and is applicable to many industries and professions.
Human Resources Kit For Dummies,
Earning financial and accounting certifications is a big step toward improving your marketability as a financial professional. There are numerous certifications — each with its own requirements for education, hours and examination, as well as specific skills and advantages.
What they all have in common, though, is helping you be a more desirable candidate — and earn a higher salary. According to the 2014 Salary Guide from Robert Half, starting salaries for professionals holding accounting certifications can be 5 percent to 10 percent more than the market average.
Accounting and Finance,
Certified Internal Auditor,
It’s official: There’s a talent shortage. Fewer people with the specialized skills you need most want to work for you now. Sorry to break it to you like this.
A recent survey by Robert Half revealed that 63 percent of chief financial officers (CFOs) said it’s difficult to find skilled candidates for professional finance and accounting roles, with 16 percent describing this task as “very challenging” and 47 percent as “somewhat challenging.” These figures are much higher than those reported from a similar survey one year earlier, when 59 percent of CFOs said they found hiring top talent a challenge and only 5 percent said it was “very challenging.”
Monday Management Minute,
The Demand for Skilled Talent,
Do your finance and accounting team members like their jobs? Do they appear to be fully engaged in the work they handle? Do you think they enjoy working for you? If your initial response to any of these questions is “yes,” you might just be wrong.
Need a pick-me-up at work? Do you find yourself becoming easily distracted? Need some new ideas? The remedy may be as simple as listening to your favorite song.
Even if you’re frustrated working on the next urgent financial reporting deadline, music can help. “After all,” The Offspring extolled, “music soothes even the savage beast.”
Research highlighted in The New York Times has found the band is on to something. Music, the findings suggest, can help us improve our efficiency, innovation, focus and frame of mind.
The New York Times,
Though recent economic reports shed some insight on the national employment outlook, they don’t necessarily tell the story of accounting and finance jobs.
Following are three trends from recent employment reports that paint a more specific picture of what’s happening for financial professionals and employers.
Accounting and Finance,
Finance and Accounting,
U.S. Bureau of Labor Statistics,