News

Workers Call the Shots on Compensation

It makes sense to reward those who do the lion’s share of the work, right? Well, in the 90s, many companies tried various compensation schemes that didn’t quite make cut. Employees simply “rejected” these concepts, according to a new study by Towers Perrin, a California-based human resources firm.In a study of 770 U.S. and Canadian companies, the firm found that pay schemes such as “broad banding” and “competency-based pay” are floundering while executive comp models are flourishing.

CPE Made Easy

Continuing Professional Education (CPE) is something that always looms over CPAs from year to year. Now, an online learning community offers benefits that will make CPE headaches a thing of the past. Yipinet LLC is a one stop destination for CPE.For those of you who are a reporting nightmare, the site will keep track of both your online and offline CPE for you. Yipinet also allows you to “try before you buy.” You may try the first part of any course and decide to buy later.

Compute the Cost of Bad Hiring

Have you ever hired an employee and then spent the next 12 months trying to figure out what went wrong? When you finally rid your firm of the employee, did you wonder how much that hiring fiasco really cost? Often, a bad hiring decision can affect employee morale and productivity in the co-workers of a bad hire.Now, Advantage Hiring, Inc., a provider of web-based employment, screening and interviewing applications, lets you take the guesswork out of a bad hiring decision.

Learn CRM Strategies At "1 to 1" Institute

Here’s an idea. Treat different customers differently and give each of them a powerful incentive to buy more today and return tomorrow to buy again. This is the thinking behind the Peppers and Rogers Group’s unique methodology of leveraging technology and their upcoming “1 to 1” Institute.The five day seminar will be held January 16 – 20, 2000 at the Prudential Center for Learning and Innovation in Norwalk, CT.

Women.future E-Business Workshop

The future is now and women are a big part of it. Ernst & Young, LLP (E&Y) certainly knows the value of women business owners and has scheduled an e-business workshop that will precede the first global gathering of women business leaders.E&Y’s e-business workshop will be held on April 4, 2000.

Quick Start Tips

If you are like me, you love all the technological gadgets that are on the market, but you hate reading all the techno mumbo jumbo that comes in a neatly folded pamphlet in every box. Enter ZDNet’s Quick Start 2000 Guides. I don’t want to fawn, but this is the best thing since sliced bread for those of you who hate wading through tons of info before getting to the “fun” of your new toy.The Quick Start Guides offer helpful hints for set up and troubleshooting.

Creative Solutions for Attracting and Retaining Talent

Leave it up to a high-tech company to come up with an old-fashioned program that really gets results. NIIT, a global IT company, implemented programs that focus on employees and offer more than just a salary. The company’s compensation plan allows for balance between work and family.With the November 1999 unemployment rate poised at 4.1 percent – the lowest in 30 years – companies are scrambling to find new and “creative” ways to find and retain talent.
Technology

Internet Tip: Backup Your Bookmarks!!

Avoid the perils of a frustrating and disastrous system crash by backing up your Internet bookmarks as faithfully as you do (or should do) your computer's hard drive. If you use Internet Explorer 4.x and 5.x, hit [Ctrl+B] to open the "Organize Favorites" window. Right click on a "favorites" folder and choose "Send to" and save the folder to a backup disk. If you use Netscape Navigator 4.x, hit [Ctrl+B] to open the "Bookmarks" window. Select the "File" menu and choose "Save as." Save the bookmark.htm file to a backup disk.

Performance Pay Replaces Traditional Holiday Bonus

If you are looking for a holiday bonus in your next check, you might want to make another wish. A new study conducted by Hewitt Associates shows that 12 percent of companies surveyed nationwide have dropped “holiday” bonuses recently.The idea behind the scrooge-like behavior is that giving something for nothing is just not a good business practice - and that includes during the holiday season.
Technology

E-Resumes are Prime for Recruiters and Job Seekers

Whether you are in a firm/company and on the recruiting side, or initiating a job search on your own, be advised that snail-mailing a resume is a thing of the past.As more and more companies go online to process daily busines activites, they, too, are using online capabiliites to scan resumes into the HR systems, search for keywords related to specific jobs and "virtually" eliminating paper.No wonder ... it is estimated that large companies spend up to $100,000 or more annually in staff time just sorting through resumes that are mailed.
Technology

Anti-Virus Software 101

How long has it been since you've taken a look at your software to fight off any viruses? Then again, perhaps you don't have any software at all installed on your computer to take care of any nasty bugs!It's time to turn your attention to the subject even if you feel you are ready.

AccountingWEB Weekly News Wrap-Up - Issue 22

The AccountingWEB Friday Wrap-Up Newswire - Issue 22December 24, 1999http://www.accountingweb.comIn the headlines this week:1. Unlock The Secrets of Excel With This Tutorial - Download Now!2. E&Y To Pay $335 Million To Settle Lawsuit3. CPA-Client Privilege Being Challenged in Colorado4. Now's A Good Time To Review Your/Your Client's Overtime Policy5. The Process For Raising Capital Has Just Been Simplified6.

File 1099 Forms On-Line

Grand Rapids, MI--Greatland Corporation and Nelco announce a new service, CyFiler™, for the filing of 1099 information reporting forms over the Internet. The service allows any issuer of 1099 forms to complete them on-line at www.cyfiler.com. Forms are then electronically transmitted to the IRS by Greatland, who also mails a paper copy of each form to the payer and recipient. The CyFiler web site currently supports the electronic filing of forms 1099-MISC, 1099-DIV, 1099-INT, 1099-S, and 1099-A.
Tax

Help Ensure That Affected Clients Get IRS Y2K Relief

The official position of the IRS is that it wants every individual and business taxpayer to do what they need to do in order to avoid Y2K problems which will cause them an inability to comply with tax laws.But if legitimate issue arise, the IRS will waive penalties and interest.Immediately after the new year begins, you will be checking your critical systems and you should also be checking your clients critical systems.
A&A

Microsoft CFO Resigns to Join Start-Up

Popular Microsoft CFO, John Maffei, has resigned his postion to join a Vancouver, B.C. start-up called Worldwide Fiber, Inc., a company that manages fiber optic networks for its clients.Maffei will be replaced by John Connors, who has been with Microsoft for 11 years.Maffei leaves behind a legacy, known best to the media and shareholders, as a very conservative view of Microsoft revenues.
A&A

Sage Posts 60% Increase in FY Earnings

The parent company of Sage, makers of the line of popular accounting software like DacEasy, Acuity and BusinessWorks, has just announced a 60 percent increase in income over the previous fiscal year with revenues just shy of $500 million. The Sage Group's fiscal year-end was Sept.
Technology

Online Tax Prep Available To The Public For $7.50

While tax laws continue to get more complicated, the process to complete and file a tax return is getting easier and easier.A new online service, www.completetax.com is offering taxpayers a fully integrated, interactive and customized tax processing service for just $7.50. CompleteTax offers full service "print-your-own" or electronic filing options (federal and twenty six states), and provides taxpayers with a mechanism to track refunds of electronically filed returns.

Israeli CPA Institute Opposes Reciprocity

Tony Hillman, president of the Israeli Institute of CPAs (ICPAI), informed attendees at the group's Jerusalem meeting, that the ICPAI would most likely oppose any reciprocity allowing accountants outside of Israel to practice within the state.The opposed statement will be given, Hillman said, to the International Federation of Accountants (IFAC), calling for the "wholesale opening up of the world accountancy market."The IFAC asked member Institutes like ICPAI to present their official positions.

"Any Report You Want" - David Carter on Excel Pivot Tables

Excel expert David Carter recently conducted an online workshop with AccountingWEB's sister site in the United Kingdom on using Pivot tables in Excel. The tutorial he provided has turned out to be THE most read feature of the year in AccountingWEB, and we thought we'd bring it to this side of the Atlantic so CPAs across North America can benefit from this tutorial as well.

Excel Tip: Budgeting With The Pivot Table

This is one in a series of Excel Pivot Table Tutorials developed by AccountingWEB software consultant David Carter.

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