Recruiting Strategies

What? You just won an engagement that requires three more auditors and two more IT people? Yes, that’s right – pronto! Never mind that the national unemployment rate is at an all time low. What you need is a recruiting plan that works now. These recruiting strategies will help you get people in the door and then give you an advantage once you get them there.

The first place you can start with a very modest investment is internally. Your employees are the best employment advertising you can buy. They are your firm’s advocates. They also know who would “fit” your firm’s culture. When you compare head hunter fees that can run thousands of dollars, it makes sense to offer your employees a “bounty” for employees. Consider a $1,000 recruiting fee that pays after the new employee’s first six months.

If your position is new for your firm, make sure you do your homework. This is going to help you hire the right person the first time. Start with a job description. If you have a clear idea of what the person will be doing, so will they. You don’t want to begin a relationship on shaky ground. If you don’t have job descriptions, but would like to start, take a look at CCH Business Owner’s Toolkit.

Sure, you think you offer a great place to work. However, you need to ensure your salary offering isn’t way below your city’s fair market value. Do your research so you can intelligently negotiate with candidates. Try industry salary surveys first. You can also try other sources such as Solution Matrix. A more targeted salary profile can be found (for $30 per query) at Salary Source.

Voice of the Editor

What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.
ADVERTISEMENT

This Week on AccountingWEB

CPAs Mira Finé, Scott Hitchcock, Rob Keasal, Kathy Scorcio, and Ken Travis offer ten pieces of financial advice for the newest Powerball winner.
Hang Bower of BDO USA and Dan Black of Ernst & Young share their perspectives on why their firms made the Best Places to Work for Recent Grads 2013 list.
Herbein + Company, Inc. firm members talked with AccountingWEB about their year-round employee wellness program.
Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT