pro member exclusive: hiring and pay trends in tax & accounting

卡塔尔世界杯常规比赛时间 finds the industry adding 12,200 new full-time permanent jobs from a year ago, hitting the 8th new consecutive monthly high.

by beth bellor

another 12,200 ftes in the accounting profession? numbers edging up over most of the board? thanks for the holiday present!

more on jobs: the myth of the staff shortage | what’s the profession going to do with 79,000 new accounting graduates? | accounting profession shows steady growth | tax & accounting salaries increase 2.8% | regional cpa firms go head-to-head with big four in talent wars | global talent wars hit home for local firms | how to set your firm apart to recruits
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卡塔尔世界杯常规比赛时间 finds the industry’s total full-time workforce is expanding at an annualized 1.2% rate as wages advance 3.4%. but there are some notable exceptions.

in this report, 卡塔尔世界杯常规比赛时间 analyzes:

  • current hiring trends in each of the bookkeeping, payroll, tax and cpa segments of the profession,
  • average hourly earnings for each segment,
  • average hours worked per week by segment, and
  • trends regarding women in the accounting workforce.

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never charge by a time unit

money on one side of scales, watches on other3 flaws with this business model.

by rob nixon

i would love to meet the person who invented time-based billing. i think this person is a complete business moron and i would have much pleasure in highlighting the unethical behavior that this method causes. this is probably the same person who invented write-offs as well. what a complete idiot.

the premise is that if you get the charge rate right and the time to do the job right, then the price is right. nothing could be further from the truth.

more on strategy: feel good about yourself | you can’t lavish time unless you have time to lavish | changing accountants: 2 true tales | your clients on your terms | how much should partners make? | be a history maker | why ‘steady as she goes’ isn’t enough | how to calculate a value price | boost efficiency and your bottom line | marketing must generate leads
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

time-based billing does not value the project. the only value of a project is what the market is prepared to pay for it. i am going to challenge your thinking of time-based billing and encourage you to adopt a new model of value pricing.
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how much should partners make?

scale with coins on one side, alarm clock on the otherdo they deliver or develop?

by rob nixon

how much should a partner of a multipartner accounting firm be paid? should it be equal pay because you have equal shareholding?

more on strategy: the entrepreneurial accountant: an oxymoron? | how to structure your firm for success | why average project value matters | do your clients want more? | the bizarre habits of accountants | 12 traits of a better you
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if it is going to be equal pay then each person must pass the checklist of the ideal partner. it’s my opinion that most should not be paid equally.
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accounting profession shows steady growth

bonus: our statistical snapshot.

by beth bellor

hiring in the accounting profession no longer racks up double-digit increases, but there’s growth in more areas than not.

more on jobs:

true diversity: the next frontier for the accounting industry | wages up, headcounts down at tax & accounting firms | accounting employment creeps back up | tax & accounting industry shows signs of slowdown | cpa firms post 5% growth rate

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

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how accountingfly is revolutionizing the way cpas are hired

jeff phillips, accountingfly

business model shifts focus from headhunting for talent to attracting it.

by ian welham
the accounting success podcast

jeff phillips, a former monster.com executive, is changing the way cpa firms find and hire accountants – automating the process, improving results and lowering costs.

relatedhow summit cpa group is pioneering virtual cfo services  |  more in talent & careers |

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

the accounting profession is in the middle of a perfect storm.

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wages up, headcounts down at tax & accounting firms

are these the signs of a business model makeover?

by beth bellor

the tax and accounting industry is marking its 15th consecutive month of jobs growth, led by cpa firms and payroll services, according to the new 卡塔尔世界杯常规比赛时间 research study on jobs trends. the new analysis shows wage increases coming even as the pace of hiring is weakening and hours worked hits a four-year low.

more on jobs: tax & accounting salaries increase 2.8% | accounting profession growing, but slowly | accounting employment creeps back up | regional cpa firms go head-to-head with big four in talent wars | global talent wars hit home for local firms | tax & accounting industry shows signs of slowdown
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

in this report, 卡塔尔世界杯常规比赛时间 highlights:

  • current hiring trends in each of the bookkeeping, payroll, tax and cpa segments of the industry.
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

read more →

is it time for a partner compensation tune-up?

six questions to ask, nine standards to follow.

by august j. aquila
what makes a great partnership

ever wonder what the most appropriate partner compensation system is for your firm and how to assess partner performance?

more on great partnerships: the 3 types of partners you need | 6 focuses for managing partners | 10 steps to transitioning to a new mp | what managing partners should be doing | do your partners pay their own way? | 7 keys to becoming an equity partner | how and why to achieve partner unity | how you can get partners to change | why expectations must be defined | are you driving your best partners crazy? | 7 warning signs for your firm
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

a firm’s compensation system is a reflection of its culture and external competitive factors.

when was the last time you gave your partner compensation system a checkup?
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analysis: global tax talent shortage mounting into ‘perfect storm’

click read more>>> to download full pdf

good for talent; tough for employers: retirements, turnover, and outsourcing.

by rick telberg
卡塔尔世界杯常规比赛时间

“change is coming to the tax profession potentially as a ‘perfect storm’ in 2017,” according to some leading executive recruiters, explaining the upcoming tax reform is still unknown but will likely result in tax professionals needing to quickly change and adapt to new rules and regulations.

more careers & hiring: accountants without borders: tight talent pool drives salary increases nationwide  |  how to create a talent management strategy |  survey findings: talent wars, m&a frenzy continue  |  why job descriptions matter  |  how to develop home-grown future leaders  |  new staffing strategies for the next-generation accounting firm

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

“additionally,” they say, “u.s. corporate tax departments will potentially explore outsourcing arrangements. citing the arrangement between pwc and ge, they ask, “is this a one-off situation or a transformational trend?” in the pwc/ge deal, ge hived off its tax department to pwc, which then assumed the ge tax department’s activities as an outsourcing engagement.

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accountants without borders: tight talent pool drives salary increases nationwide

in the war for talent, “local” cpa firms face new threats from distant, bigger rivals.

by rick telberg
卡塔尔世界杯常规比赛时间

the traditional business model of the so-called “local” cpa firm is being challenged anew by the emergence of a single, unified coast-to-coast talent market that’s undermining the pay differences between big-city and small-town firms.

more on jobs: where the jobs are (and what you need to get them)  |  cpa firms post 5% growth rate | how to set your firm apart to recruits
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

that’s bad news for traditional firms trying to control staffing costs. but great news for a new generation of top talent.

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