Human Resources

You've Found the Perfect Candidate - Now What?

By Robert G. Epstein It’s a fact in the HR world that when you finally find a great candidate, they most likely have at least one offer on the table from another company. A candidate has done their part and convinced you that they would be a valuable member of your organization. Now it’s your turn to sell, and prove to them that your company is a great place to work. There are some simple steps you can take to accomplish that goal.Serve as an example.Don’t shy away from discussing your own career with the company.

Giving and Receiving Performance Evaluations - CPAs

By, Mark Koziel, Dopkins & Company, LLPPerformance evaluations can be stressful and confrontational, but they need not be. A successful performance evaluation system benefits both employer and employee. Proper preparation and openness to the process can generate a positive outcome. Encouraging team members to set their own goals gives them ownership in the evaluation process and opens the lines of communication. The evaluation should be a dialogue over whether specific goals have been met. Initially, team members will need assistance setting realistic goals.

At Accenture, Partners Take Pay Cuts, Staff Forego Raises

In response to a continuing industry slump, Accenture, the consulting firm that went public after separating from Andersen, is implementing a drastic austerity program to cope with today's tough times for the consulting industry. The firm has said it will cut partner salaries by about seven to eight percent for the fiscal year beginning September 1, 2002.
Practice Management

CFO Compensation Survey - How Do You Stack Up?

CFO.com has posted the results of its CFO Compensation Survey, and the results show that CFO compensation seems to be stagnating, but you probably wouldn't guess that based on the compensation amounts shown below. The survey considers the salary, bonuses, and long-term incentives of 234 finance executives employed at 350 companies with earnings of $1 billion or more. The top 10 earners and their total compensation package are: Michael E. Lehman, Sun Microsystems, $37,201,000Mark H.

Free Report - COBRA Notification & Record Keeping Traps

While the myriad COBRA rules and regulations cover everything from who can receive coverage, to what it costs and more, the roadmap towards compliance has other twists and turns.

Tips For Selecting The Right Employees

Job applicants may be more abundant in today’s employment market, but that doesn’t mean hiring the right person has become any easier. Max Messmer, chairman and CEO of Robert Half International Inc. and author of Human Resources Kit For Dummies (Hungry Minds, Inc.), warns that poorly executed candidate searches and cumbersome hiring processes can undermine the recruiting process for managers.Messmer advises firms to avoid costly hiring mistakes by being diligent. "While many applicants may appear to be an ideal fit on paper, it’s important not to make snap judgments.
Community News

Defining & Targeting a Campus Recruiting Program For Your Firm

By, Michael Platt, President, AccountingWEB, Inc.For the last decade, the one commonality among all firms that I have consulted with has been the rallying cry "we just can't find good staff." Those firms with a campus recruiting program designed to fill this void often focus on answering the question "who can we get?" rather than "what do we want?" Many local and regional firms believe that their efforts are best spent aiming at second tier students, assuming there are no other alternatives and that the top recruits will naturally opt for national firms.If this is how your firm
Education & Careers

Recruitment Strategies: Do Ex-Cops Make Good Auditors?

Former FBI officers, criminal prosecutors, and even retired Canadian Mounties are working for accounting firms these days in investigating potential frauds. Some are very effective in their jobs; others may not work out. The Christian Science Monitor recently interviewed ex-cops working for accounting firms to see what roles these ex-cops play and how well the recruiting strategy works. The Monitor found the roles can vary greatly, depending on the size of the firm and its clients.
Education & Careers

All The Right Questions – Smart Tips For Employers

By Robert G. Epstein, Career Bank There are certain questions in an interview that make sense. And then there are the questions that make a difference.When an employer sits down to talk with a potential employee, there are critical pieces of information that they should walk away with from that meeting. Asking the basic questions—past employers, professional goals, accomplishments—is a given.
Community News

'Employers Use Waivers For Legal Protection' Free Report

Any time an employee is terminated, employers risk wrongful termination lawsuits in response. Fortunately a new free report released on AHI’s Employment Law Resource Center can help reduce the risk.A free report "Employers Use Waivers For Legal Protection" lays the groundwork for employers to create their own legally-defensible waiver agreements. Included in this report:Waiver Basics: Discover the requirements under the Older Workers Benefit Protection Act (OWBPA) needed for a knowing and voluntary waiver.

The Importance of Job Descriptions and How to Prepare Them

Consider your current hiring and evaluation processes. Do you incorporate job descriptions as part of these processes? If not, you may want to review your policies. A job description may be one of the most important legal documents in the organization. A common fear, that job descriptions may limit an employee's production, pales in contrast to a legal battle for breach of contract. If written properly, a job description can enhance an employee's contribution within the organization.
Education & Careers

Jobseekers Guide on How to Assess a Firm's Ethics

Whether seeking a career in public accounting, private industry or as a securities analyst, many job-seekers say the recent wave of accounting scandals has convinced them it's more important than ever to get a reading on the ethics of the hiring company or firm. The search for answers has led job seekers to Internet message boards and other seemingly promising sources of information. But many still find it's just about impossible to uncover an employer's weak spots in advance. And the stakes have never been higher.
Practice Management

Strategic Thinking Versus Strategic Planning

Many corporations facing the future with diminishing resources, find that restricted resources exert increasing pressure on management to plan more carefully. This pressure necessitates the need to think strategically in the pursuit of viable opportunities. Senior management's ability to formulate and articulate a clear vision, accompanied by implementation of succinct strategic goals and objectives, is a primary determinate of the potential success of an organization. WHO IS THE COMPETITION? An organization's competition used to be clear and predictable.

Ten Employer-Employee Rules For Successfully Running a Small Business

Compliments of bizmove.comYou've just been in a serious car accident. You've got massive internal injuries and a broken jaw. You're going to be in the hospital at least a month. Your jaw is wired shut so you can't use the phone. Will your business run easily and well while you recover? Will your customers be served while you are gone? If you've just experienced heart failure over this prospect, the following list is for you. The information below, if put into practice, will reduce your stress, increase your business' productivity, and give you the vacation you so richly deserve.

Accenture Announces Job Cuts, Increase in Outsourcing Services

International consulting firm Accenture, formerly known as Andersen Consulting, has announced the planned layoff of 1,000 personnel, primarily in the United States, the United Kingdom, and Australia. The job cuts represent slightly more than 1 percent of the company's 75,000-person workforce and are the result of a general economic slump and a cutback on spending in the fields of information technology by large corporations.
Practice

You Can Lead a Horse to Water – How to Lead And Succeed In Business

Gone are the days when the boss was the BOSS. Today, one of the biggest challenges facing executives is how to incorporate new methods of motivational leadership while still maintaining old "command and control" management styles. How can a manager replicate the successes of Morgan, Rockefeller and Getty without ignoring the wants and needs of their employees?Alex Hiam is a management consultant and best-selling author of more than a dozen books, including The Portable MBA in Marketing and Marketing Kit for Dummies.

Executive Etiquette - Smug Attitude Can Hinder Management Prospects

by RHI Management Resources, www.rhimr.comConfidence is critical when interviewing for a job, but executives warn against too much of a good thing.
Tax

IRS Rules in Favor of Consumer-Driven Health Plans

In a decision that could change the benefit landscape of the nation's workplaces, the Internal Revenue Service ruled on Wednesday, June 26 that employers who participate in high-deductible health care insurance policies may create Health Reimbursement Arrangements (HRAs) with rollover rights for their employees.For an HRA to qualify for the rollover treatment, employers must provide employees with a high-deductible health insurance policy with lower premiums than the typical low-deductible health plan popular in the workplace today.
Community News

Employee Terminations: Negotiating The Minefield

by John J. Myers, Eckert Seamans Cherin & Mellott, LLCA joke in a meeting. A passing comment overheard by another employee. A satisfactory employee evaluation. These are all pieces of evidence that can be used in court to prove that an employee was unlawfully discharged.The vast majority of unlawful discharge cases that former employees win are not based on direct evidence but rather on "indirect" or circumstantial evidence. The angry supervisor who makes a racist remark while firing an employee is an easy case to prove.

Effective Employee Incentive Programs: Bring Out the Best in Your Firm

By Lisa A. Rozycki, Marketing Director, Reinsel & Company LLPIn a firm-wide marketing survey, employees were asked what would motivate them to market the firm’s services. Not surprisingly, the top two answers were "incentive compensation" and "recognition" for their efforts.Like many CPA firms across the country, we’ve had the standard commission structure on new business and cross-selling services to existing clients for a number of years. Three years ago, the paper forms that needed to be filled out for compensation almost never left the shelf.

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