how motivation is like bathing

two businesswomen sitting at table and talking in office courtyardit’s just one key to employee retention.

by steven e. sacks
the new fundamentals: practical guidance for today’s accounting firms

salary used to be the main driver behind a young professional’s choice of employer. no longer. in fact, salary is now ranked as fourth or fifth among the important criteria.

more: the lost art of the interview | the new way to handle exit interviews | who’ll quit next? | strengthen your firm’s screening practices | smart trust in the workplace | what aspiring accountants need to know | improve job satisfaction or it’ll cost your firm | we hear but do we really listen?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the gen y cohort is looking at meaningful and challenging work, increased responsibility, rapid upward mobility, the freedom to innovate, an opinion to be respected, a system for frequent performance feedback and a work environment that encourages the use of technology – specifically social media.
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the lost art of the interview

two men sitting across from each other shaking hands5 things you’re trying to find out.

by steven e. sacks
the new fundamentals: practical guidance for today’s accounting firms

“you’ve gotta understand – when you interview someone, it’s not an interrogation. it’s not the nuremberg trials.” – joan rivers

the process of interviewing candidates can be done more effectively if less reliance is placed on the resume. much has been written on this, from psychologists to organization behavioral scientists and everyone in between. the prevailing view is there needs to be the “knowing of the unknown.”

more: the new way to handle exit interviews | be a talent magnet | make crap a badge of honor | the job interview: a make or break proposition | 10 elements to balancing shareholders’ needs
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

filling a position, after all, is a two-way street of mystery: the candidate will have no idea of what the actual work environment will be like, and the organization will not know if the candidate matches up with his or her resume. if you are responsible for selecting candidates or at least screening them in the early phases, use your time wisely and ask relevant and insightful questions. it will be a mutually beneficial exercise.
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the new way to handle exit interviews

woman and man shaking handskeep the door open and don’t burn bridges.

by steven e. sacks
the new fundamentals: practical guidance for today’s accounting firms

a more mobile workforce should make accounting firms think seriously about how effectively they handle staff departures.

more: be a talent magnet | the 5 keys to success in accounting careers | the holy grail: finding the right talent | the power of ‘real influence’ | stop wasting time in useless meetings
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

in fact, the whole process of recruitment and retention needs careful evaluation so the same mistakes are not repeatedly made. otherwise, firms engage in the act of insanity, the definition of such usually attributed to albert einstein is “doing the same thing over and over again and expecting different results.”

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be a talent magnet

five young business people at work in an office setting.retention will naturally follow.

“things may come to those who wait, but only the things left by those who hustle.” – abraham lincoln

by steven e. sacks
the new fundamentals: practical guidance for today’s accounting firms

younger professionals are looking for cpa firms that will enable them to move up the career ladder faster than what had been the traditional time frame. depending on the existing firm structure and size, there may not be any partnership opportunities until such time there is retirement, resignation or death.

more: got great people? work to keep them | the 5 keys to success in accounting careers | the holy grail: finding the right talent | the power of ‘real influence’ | stop wasting time in useless meetings | is your firm’s culture a magnet?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

at the same time, the roles and responsibilities of a partner have evolved; clutching tightly to a book of business or pulling needed staff from others when engagements are not concluded has reduced the sense of collaboration and entrepreneurship. this has made the attainment (and the pursuit) of partner less appealing.
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got great people? work to keep them

sword hanging over businessman running with briefcaseah, the damocles sword of staff retention.

by steven e. sacks
the new fundamentals: practical guidance for today’s accounting firms

there is an old adage: “you don’t know what you have until it’s gone.” this covers everything from people to technology and things in between. some people might make the argument they know or knew what they had, they just always thought they would have it – whatever “it” is.

more: the 5 keys to success in accounting careers | who’ll quit next? | strengthen your firm’s screening practices | smart trust in the workplace | what aspiring accountants need to know
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

this situation reveals itself in the work environment. you have done all you could (or so you think) to attract and recruit a high-performing team; created programs to keep your team members enthusiastic and jazzed about coming to work; and spent vast sums on training and education.
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the 5 keys to success in accounting careers

man looking at 5 keystwo ears, one mouth.

by steven e. sacks
the new fundamentals: practical guidance for today’s accounting firms

young professionals or those who will graduate college in the next few years should understand there are important ingredients to progress in their careers.

more: who’ll quit next? | make crap a badge of honor | the job interview: a make or break proposition | 10 elements to balancing shareholders’ needs | a leader’s guide to ending entitlement | performance reviews: no need for teeth pulling | battling staff turnover | 7 steps to take as your firm grows | how enthusiastic is your staff? | can you recite your mission statement? | your firm’s biggest assets walk out the door every day
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

there are at least five principles you should follow to ensure you are moving ahead on the right track.
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who’ll quit next?

mentor showing project presentation to menteesmart ideas for retaining and developing top talent. 

who’s going to quit next? and why?
join the survey. get the answers

by steven e. sacks
the new fundamentals: practical guidance for today’s accounting firms

professional services firms always have their eyes on the bottom line with as much, if not more, intensity than on the top line. salaries and benefits take up a considerable chunk of resources, and programs designed for professional and personal development are given short shrift, except when it comes to meeting continuing professional education credits.

more: make crap a badge of honor | the holy grail: finding the right talent | the power of ‘real influence’ | stop wasting time in useless meetings | is your firm’s culture a magnet? | outsourcing the c-suite
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the younger professionals – your future leaders – should be viewed as investments. part of that investment is allocating funds for their participation in associations or networking groups, in addition to conferences and workshops that expand their knowledge.
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make crap a badge of honor

superhero businesswoman wearing shadow capehow do your clients view your relationship?

by steven e. sacks
the new fundamentals: practical guidance for today’s accounting firms

performing like crap. a strange concept, you might think. when someone acknowledges that your actions reflect crap there is no positivity in this assessment. and because this term is baked into the american lexicon, people will always view it negatively.

more: the holy grail: finding the right talent | strengthen your firm’s screening practices | smart trust in the workplace | what aspiring accountants need to know | improve job satisfaction or it’ll cost your firm | we hear but do we really listen?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

but what if we look at it another way – in the form of an acronym? let’s give it a try.
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the holy grail: finding the right talent

two businesswomen shaking hands in modern officethere are 3 basic elements.

by steven e. sacks
the new fundamentals: practical guidance for today’s accounting firms

we get so hung up on generational labels: baby boomers, gen x, gen y and now gen z. as a result, we ascribe certain characteristics or behaviors to each one – whether fair or not.

more: strengthen your firm’s screening practices | the job interview: a make or break proposition | 10 elements to balancing shareholders’ needs | a leader’s guide to ending entitlement | performance reviews: no need for teeth pulling
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

adherence to the labels can cause a hiring manager or an executive to overlook the contributions each cohort can make to an organization. potential stars are overlooked, and the usual reliance on outdated search approaches continues unabated.
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strengthen your firm’s screening practices

two women shaking hands across a table5 reasons that background is important.

by steven e. sacks
the new fundamentals: practical guidance for today’s accounting firms

the employment scene according to the usual poll takers appears to be the best it has been in nearly 20 years. a closer study may show that in the statistics, there have been people who have stopped looking or ceased receiving unemployment checks, as well as those who are underemployed based on their education and experience.

more: the job interview: a make or break proposition | the power of ‘real influence’ | stop wasting time in useless meetings | is your firm’s culture a magnet? | outsourcing the c-suite | battling staff turnover
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

if more jobs are created and businesses repatriate their operations from overseas, the focus will return to recruitment and selection.
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want an open culture? let employees share their thoughts

man in business suit listening attentively to coworker4 keys to soliciting genuine feedback.

by steven e. sacks
the new fundamentals: practical guidance for today’s accounting firms

you are in a boardroom or a staff meeting room. the managing partner, his or her second in command, or someone else in charge has offered employees the opportunity to suggest or share an idea.

more: the job interview: a make or break proposition | the power of ‘real influence’ | stop wasting time in useless meetings | is your firm’s culture a magnet? | outsourcing the c-suite | battling staff turnover | confronting leadership: not such a bad thing
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

did you ever hear someone express what you thought was a ridiculous idea, which was followed by the sound of crickets? furtive glances all around. breaths held. no physical movements to suggest any type of reaction. heads remain down, and note-taking was actually mindless doodling.
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the job interview: a make or break proposition

two businesswomen sitting at table and talking in office courtyard5 criteria to meet when hiring.

by steven e. sacks
the new fundamentals: practical guidance for today’s accounting firms

over the past several years, there has been significant job growth and a large part has been attributed to the private sector, which includes professional services firms, businesses, hospitality, education, and health.

despite what appears to be robust employment with new opportunities across a broad swath, companies on the hunt for talent are still facing the challenge of finding the perfect candidate.

more: the power of ‘real influence’ | smart trust in the workplace | what aspiring accountants need to know | improve job satisfaction or it’ll cost your firm | we hear but do we really listen?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

companies are using third parties to assist them in their quest to get the “right fit” because their goal is to build solid teams. the team approach ensures that there is consistency in attitude and performance within and between departments. this is not to suggest the goal of creating automatons or cultivating groupthink.

however, a recruiter considers not only whether the individual is competent but also if he or she will be compatible with the other players.
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the power of ‘real influence’

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summer reading: “real influence: persuade without pushing and gain without giving in”

by steven e. sacks

today’s rapid-fire communication dynamic expects quick responses to emails, texts, and even the old-fashioned telephone call. an information or idea exchange requires quick analysis and quick decision making. if something requires drawn-out deliberation, which takes away from task-driven activity, it screws up our mojo – the stars and moon are no longer in alignment.

more summer reading: smart trust in the workplace | 10 elements to balancing shareholders’ needs | stop wasting time in useless meetings | a leader’s guide to ending entitlement
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

i am not talking about business proposals that require significant sums of capital or a change in an organizational structure or something else that has enormous transformative implications. there are, however, so many lesser matters we encounter that are superseded by our daily “to do” checklist.
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