Careers

Practice Management

Common Characteristics of Peak Performers

By Kerry L. Johnson, Ph.D. - Are you a peak performer? It seems as though every pro thinks they are the best. Nobody else can sell like them, or close like them. But yet, when I press them on exactly what it is that makes up a peak producer, they usually say, a strong positive mental attitude, goals and aspirations. It's shocking to see what little knowledge most salespeople have of what it takes to be a top producer. The Xerox Corporation recently conducted a study to learn what makes a top performer.
Education & Careers

Accounting Firm Helps Women Go Through New Business 'Boot Camp'

Women who dream of turning their hobbies into lucrative businesses have to stop dreaming and start planning.
A&A

Unique Staffing Strategies For Your Firm

by L. Gary Boomer, CPA, CITP, CEO - According to the Bureau of Labor Statistics, the Baby Boomers comprise 60% of the prime-workforce today. A year ago it appeared accounting might follow a shortage in IT talent around the year 2005 or 2006. Today it looks like the shortage will occur in the accounting industry first and has already started in selective parts of the country. This is particularly true with auditing and accounting skills. California firms are reporting shortages of experienced accountants and auditors.

Writing Skills Necessary for Employment, Says Big Business

Poorly written job applications are a figurative kiss of death, and corporations spend several billion dollars annually improving writing among employees, according to a business survey released here today by a blue-ribbon group worried about the quality of writing in the nation's schools and colleges.The report, Writing: A Ticket to Work...Or a Ticket Out, A Survey of Business Leaders, concludes that the ability to write opens doors to professional employment.
Technology

New Study Details Three-Year High in Tech Job Loss in U.S.

A new study detailing the magnitude of jobs losses in the U.S. high-tech sector since an economic recovery was declared three years ago was released this week. The report, entitled "America's High-Tech Bust" found that the U.S. high-tech economy continued to lose 200,000 jobs after the recession was declared over in November 2001 by the National Bureau of Economic Research. This is the first time a report has tackled the impact of the economic bust for high-tech workers at a national level.
Practice Management

Survey Highlights Traits Employees Want Most in Managers

To be a good communicator, a manager's actions should speak louder than words, suggests a new survey. Twenty-eight percent of workers polled said their bosses could be more effective by standing up for their staff when needed. Putting a lid on office politics was cited by 24 percent of respondents as a way for employers to improve communication.The poll was developed by OfficeTeam, a leading staffing service specializing in highly skilled administrative professionals.

Employers Use Housing Perks to Recruit, Retain Workers

With housing costs exploding across the country, “affordable housing” has taken on a whole new meaning.The term used to be associated with low-income housing, but no more. The middle class - firefighters, teachers, police officers, nurses, sales clerks and more - are increasingly unable to afford homes in the communities where they work.Employers are turning to housing benefits in growing numbers to attract talent and keep the workers they have, USA Today reported.
Community News

CPA Poll Shows Employee Benefit Reductions Likely

Many New York state employers are likely to ask for employee benefit givebacks in an attempt to contain costs, according to a Labor Day Poll of CPAs in New York State.The New York State Society of Certified Public Accountants (NYSSCPA) conducts the Labor Day Poll to address current business issues and concerns around the State. The CPA Poll is a random sampling of the association's 30,000 members.According to the results, almost 60 percent of CPAs who responded said businesses are asking for employee contributions toward benefits.
Tax

IRS Looking to Hire 500 Agents Nationwide

With surveys showing that more people think it's OK to lie on their tax returns, the Internal Revenue Service is looking to hire 500 new agents to make sure returns are correct and that tax evaders pay up. The effort is part of a nationwide hiring campaign targeting 70 cities. The agency plans to start hiring revenue agents, revenue officers and tax compliance officers over the next several months ending in January 2005.
A&A

New Financial Designation is Geared towards Serving High Net Worth Clients

The College for Financial Planning (CFP) recently announced it’s enrollment for the College’s new Accredited Wealth Management Advisor (AWMA) Designation, is now open.John Sears, College President said, "As the leader in financial planning education, we are proud to offer this innovative new program for those who have high net worth clients and wish to serve them better, or financial professionals who seek to add high net worth clients."
A&A

Workers Reveal Top Barriers to Career Progress in Latest Survey

In addition to picnics and parties, three-in-ten workers have thoughts of a better career on their minds this Labor Day weekend.
A&A

Census Figures Show Slump in Women's Income

The gap in pay widened between men and women full-time workers last year, surprising analysts who could not explain why women's pay slumped for the first time in four years.Women made 75.5 cents for every dollar a man made last year, according to Census Bureau figures reported last week in USA Today. That figure in 2002 was 76.6 cents, an all-time high.
Community News

Study: Work Ethic Primary Conflict Among Different Generations

A new survey finds that 40 percent of human resource (HR) professionals have observed conflict among employees as a result of generational differences. In organizations with 500 or more employees, 58 percent of HR professionals reported conflict between younger and older workers, largely due to differing perceptions of work ethic and work/life balance. "Organizations recognize that the expertise and unique perspectives of a diverse workforce can contribute to the success of a company," said SHRM President and CEO Susan R. Meisinger, SPHR.

2005 College and University Rankings Released

The 2005 college and university rankings are out and U.S. News has compiled an extensive collection of college and university rankings. Schools have been classified and rated in many different ways. Harvard and Princeton again share the top spot of the country's best national colleges. Yale University came in third, University of Pennsylvania, fourth and Duke University fifth.
Practice Management

The Firm of Tomorrow....Ready, Set…Grow!

By Gale Crosley, CPAFirst, Consider Hiring a Business Development Professional. For years, the Big Four have used business development professionals. Now, Sarbanes/Oxley and other environmental changes make it a wise best practice for mid-size firms, as well. Although smaller firms have greater potential to pursue larger, more sophisticated clients, they may lack the needed large opportunity development skills. But it’s more complex than simply hiring the right person.
Practice Management

When an Employee Quits, Your Management Responsibilities Don’t

By, Alexander Hamilton Institute, Inc. Jack Hunzinger had been a thorn in his manager’s side since day one. His manager, Ally Billson, had numerous reasons why she wanted to get rid of him. However, he beat her to the punch one morning by giving his two weeks’ notice. Billson was relieved she didn’t have to go through the trouble of firing him. Her relief, however, could be slightly premature.Billson didn’t hesitate to accept Hunzinger’s resignation and even asked him to leave immediately. She didn’t want to risk Hunzinger screwing things up any more.
Community News

CEOs in Asia, U.S. & Europe Report Different Issues of Concern for Business Success

CEOs of Asian companies are more concerned with people issues such as stimulating innovation and acquiring toptalent, while U.S. and European CEOs are focusing on sustaining top-line growth as their economies recover, according to a global survey of chief executives released this week by The Conference Board. Fifty-one percent of CEOs in Asia report that stimulating innovation is their greatest concern, while 47% say acquiring talented managers is their greatest concern. Only 34% of CEOs based in Europe and 28% of U.S.
A&A

As Hiring Rebounds, Managers Seek a Different Labor Force

Hiring managers place a premium on teamwork -- even higher than qualities like ambition and the ability to think on their feet, according to a recent study from Development Dimensions International (DDI). DDI, a global human resource consulting firm specializing in leadershipand selection, surveyed 1,515 hiring managers to learn more about their experiences when interviewing, evaluating and hiring employees as they increase their workforces. For example, 75 percent of hiring managers surveyed want employees who are compatible in a team setting, while only 20 percent look for em
Tax

MBA Students May Lose Tax Deduction

The days of being able to deduct the expense of attaining a master's degree in business administration may be over.The U.S. Tax Court ruled against Tracy McEuen earlier this month, mostly because she didn't return to her previous job after earning her degree.
Education & Careers

Executives Reveal Their 'Dream Jobs' In Recent Career Survey

According to a survey conducted by BusinessWeek Research Services, 72 percent of 500 senior-level business executives surveyed said their current position is not their "dream job," and many named creative professions when asked their fantasy careers. Those surveyed included CEOs, presidents, controllers, department managers and consultants, and although many of them have reached top positions in their fields, they still dream of a fantasy career.

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