by AccountingWeb on Nov 22, 1999
I recently met an Olympic skier. He set the Canadian record for skiing in 1992. His feat was speeding down a mountain at 135 M.P.H. He went from amateur skier to Olympic skier in 5 years. If I make it sound easy, it wasn’t. His was the story of an ordinary skier who became an extraordinary one. The story of his training to replicate competitive skiing conditions and improve performance was incredible, amusing and harrowing.
The announcement earlier this year by IBM rocked the planned benefits world when Big Blue changed their benefits fom a pension plan to a cash-balance plan.Employees working at IBM shouldn't feel they are alone. In fact, more than 325 companies with names like AT&T and Xerox, also have converted to cash-balance plans.Most everyone understands that the traditional pension plan thrives through employee and employer donations for the long-term.
Kansas City-based H&R Block has joined one of several tax services participating in a new IRS pilot program offering faster refunds in exchange for more heavily scrutinizing taxpayer claims.It's a win-win situation for both parties.
The AccountingWEB Friday Wrap-Up Newswire - Issue 18 November 19, 1999 http://www.accountingweb.comIn the headlines this week:1. Venture Capital Funding Hits The Accounting Sector 2. Turning Gender Differences Into Business Opportunities 3. Arthur Andersen To Attempt Profit-Sharing Mechanism4. Emotional Intelligence In the Workplace5. Free Tax Return Preparation Hits The Marketplace 6. Taking Time To Teach Training Tips7.
What in the world is 360 degree feedback? Well, it’s one of the tools that performance management consultants use to help organizations improve. This “tool” works by providing full-circle feedback.
You know that old saying, “He who has the most toys wins”? Well, when it comes to IT executive worth, it may not be the one who can buy the most toys, but the one who holds enough stock options to buy the most that wins.One of the people making Inter@ctive Online's list of executives is Jeffrey Bezos. As chairman, president and CEO of Amazon.com, Bezos .reports a modest $81,840 salary.
A great way to stay organized and on-time for appointments is to know where you are going before you leave your home or office. If you haven't already come across them, one of the neatest tools available on the Internet is the proliferation of detailed road maps and driving directions from point A to point B. If you're going to a new client or meeting a prospect, type in their address on any of the map web sites such as Lycos' Road Maps and take the printed map and directions with you in the car. You'll never be lost again.
Face it: men don't like to ask for directions.
Popular financial software vendor Intuit is making banking online a real no-brainer.
The audit department has been dealing with it for years: deep discounts in the price of an audit in exchange for higher fees on the consulting side. Now the commoditization of tax return preparation -- already hammered by do-it-yourself software -- has reached the ultimate in price wars. Financial management company H D Vest announced that it will provide it's customers with free tax return preparation beginning this next season. The hook? More clients, more assets under management, more profits for HD Vest.Through the H.D.
A PricewaterhouseCoopers survey reports this week that $21 billion in venture capital funding was invested in US companies in the first nine months of this year. Here's the story of one accounting/bookkeeping company that snagged $12 million of it this week.Virtual Growth, Incorporated is a pioneer in providing outsourced bookkeeping and accounting services to fast growing small and medium sized businesses.
Feeling the pressure of rival Big 5 firms who announced in recent weeks a move to more Web-based consulting services through new alliances and partnerships, Deloitte & Touche also have announced a migration to the Internet.Deloitte will parter with US Interactive to provide high-tech services like Web design, Internet strategy and implementation services alongside the firm's already-established consulting practice.Source say Deloitte and US Interactive are working on their first project that will be announced in early 2000.
In a concerted effort to retain talented staff, Andersen Consulting has announced that beginning next September, becoming a parter will become easier than under the current scenario.For example, managers will be voted directly into the partnership, and an associate partner title will be available to employees who do not want to become a partner and take on the duties associated with the partner level.Also being changed, according to company sources, is the compensation system to personnel who normally would not qualify for extended benefits and profit-shar
by AccountingWeb on Nov 17, 1999
As the internal marketing director at my firm (yes, this is a real title), I’m always searching for fresh, hot ideas that will motivate and inspire. I talk to many accounting firms across the country and our conversations usually drift to “how can we keep our best people?” or “how can we have fun at our firm?”Enter Tom Peters. No matter what you think of him personally, this guy has some really cool ideas. I picked up his pocket booklet, The Work Matters at a recent Fast Company meeting.