wages

if you don’t eat what you kill, what do you eat?

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credit: telberg photo

clearing up confusion over partner compensation in the one-firm concept. bonus: the four phases of goal-setting.

by bill reeb

we are picking up this column with the goal-setting process. after we have this discussion we can move to the next phase, which is reviewing how we would evaluate the actual performance outlined below, and how that performance assessment would impact pay, assuming the firm was on budget, over budget, or under budget.

more: 3 ways to emphasize the one-firm concept | 8 steps for a successful change process | building competency on every level | change happens: how to master it.
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accountability for partners

for partners, accountability is best described as having a system in place that rewards partners for following processes and procedures, living up to their roles and responsibilities, and implementing the firm’s strategy. and on the other side, it provides sanctions when partners don’t do the above.
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3 ways to emphasize the one-firm concept

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large rocks in road… and 8 likely obstacles.

by bill reeb

in the past, we’ve written a multi-part series on partner compensation that started out discussing the following:

  1. the eat what you kill (ewyk) model of operations and how that impacts partner compensation
  2. the most common criteria used in ewyk partner compensation formulas
  3. the building a village (bav), or one-firm concept, model of operations and why partner voting has to be addressed to clear the way for changing partner compensation
  4. addressing the retirement issue and separating it from partner compensation so that you are finally positioned to create a bav partner compensation model

more bill reeb: 8 steps for a successful change process | building competency on every level | change happens: how to master it.
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based on our experience, these are all issues that need to be discussed and addressed before a firm will make the decision to move from an ewyk to a bav compensation system.
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hiring trends flash warning signs of slowdown in tax & accounting

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cpa firm staffing and wage growth signal weakness.

by beth bellor

not only are several sectors in the tax and accounting industry charting new records in employee numbers, but wages often are up as well, according to new 卡塔尔世界杯常规比赛时间 research.

more on jobs: charts: tax & accounting among biggest jobs creators in u.s.
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but key indexes are flashing signs of a decelerating expansion, possibly augering a slowdown, or even cutbacks, in the months to come.

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 (all data seasonally adjusted)
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

read more →

charts: tax & accounting among biggest jobs creators in u.s.

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also: who’s hiring, who’s not among client business sectors.

by 卡塔尔世界杯常规比赛时间 research

the tax and accounting industry is adding jobs at the rate of 37,000 per year, according to the latest data available, making the profession one of the fastest growing sectors of the u.s. economy.

at the top of the jobs ranking are individual and family services, computer systems design and related services, amusements, gambling, and recreation, home health care services, and warehousing and storage.

meanwhile, if you have clients in apparel, printing and related support activities, commercial banking, department stores, electronics and appliance stores, telecommunications, sporting goods, hobby, book, and music stores, the outlook is not so rosy — they’re all trimming payrolls.

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hiring surge powered by growth in payroll agencies

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join the survey; get the results

tax & accounting industry adds 40,500 new jobs to hit new record.

卡塔尔世界杯常规比赛时间 jobs report
who’s hiring, who’s not, and why?
who quitting for a new job & when?
join the survey; get the results

by beth bellor

payroll is proving to a bright spot and women are making some impressive gains in our look at employment in the accounting profession. the latest 卡塔尔世界杯常规比赛时间 jobs report also finds that tax preparation services employment spiked in march, even when seasonally adjusted.

more on jobs: tax shops bulk up for big busy season | jobs report: 43,000 new hires | tax shops cut 6,200 jobs | tax shops cut staff by 10% | benefits, perks, and incentives: the happy-packs of employee satisfaction | salary survey: top skills getting top pay

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 (all data seasonally adjusted)
  • average hourly wages for key segments
  • typical hours worked per week
  • trends concerning women in the accounting workforce

typically, one respondent tells the 卡塔尔世界杯常规比赛时间 jobs report said she’s “not actively looking” for a new job, “but maybe i could be persuaded.” the reason: “not comfortable with direction firm is taking.”

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tax shops bulk up for big busy season

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wages hit new highs.

by beth bellor
卡塔尔世界杯常规比赛时间

new hiring in the tax and accounting industry may be slowing in many areas, but the latest 卡塔尔世界杯常规比赛时间 jobs report finds gains overall. up is up and we’ll take it.

more on jobs: jobs report: 43,000 new hires | tax shops cut 6,200 jobs | salary survey: top skills getting top pay | accounting wages set new record | all staffed up? new tax prep hiring stalls on eve of busy season | the myth of the staff shortage
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

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2019: how partner greed kills firms

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partners must take a hit to personal incomes to re-invest in their firms. or face obsolescence and slow death.

by rick telberg
the rosenberg national map study 

so far, profitability is way up. at the large firms (those with at least $20-million in annual billings), income per partner averages $635,000. the highest earners are pocketing about $1.2 million. even the lowest-paid partners average of $282,000. but how long can that go on?

more from the map survey: 2019: more focused training | 2019: expect more alliances | 2019 trends: client service changes | 2019: shifts in hiring & office space | 2019: firms grapple with change | staff policies improve, but not mentoring
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the always insightful and provocative allan koltin, of koltin consulting, warns: partners must invest in something besides themselves – if they want their firms to survive.
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employees have better memories than bosses

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two businessmen talking across a deskwhat can forgetting cost you?

by ed mendlowitz
call me before you do anything: the art of accounting

i was lucky to get my second job in accounting, but i received a salary that was $5 lower than my first job (which i had been fired from), so i took the job.

more: working for a jerk | staffers need to speak up with clients | bored by cpe? you’re missing out! | clients buy solutions, not hours | roger is my only client | blown loan covenants and how to recover from them
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i asked for $90 a week. my boss said he would give me the extra $10 in six months after seeing how i worked out, so my starting salary was $80 per week. also, he said i did not have to work any overtime. if i did, they would pay me at straight time rates, but there was no overtime.
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2019: buckle up for a bumpy road

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pro members: click here to get full article. or go pro here.

global trade wars, political winds buffet business.

by kayleigh padar
卡塔尔世界杯常规比赛时间

cpas should be prepared to help their clients navigate an increasingly unstable global economy and burgeoning challenges with technology, particularly cyber threats, according to a new global study of c-level executives.

more surveys & research: jobs report: 43,000 new hires  |  cpa wealth advisor survey  |  survey: clients rush for tcja answers  |  join the accounting firm and operations technology survey  |  mergers vs. clients: winners and losers  |

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

the annual study from atkearney shows a bumpy road ahead for global executives, from the effects of brexit to the increase in targeted fake news campaigns. read more →

economy shakes cpa confidence

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cpa outlook index (aicpa)

but they expect better for their own firms.

by kayleigh padar
卡塔尔世界杯常规比赛时间

trade wars and interest rate trends are undermining accountants’ confidence in the u.s. economy, even as their outlook for their own firms strengthens, according to a new survey of 400 c-level cpas.

more surveys & research: jobs report: 43,000 new hires  |  cpa wealth advisor survey  |  survey: clients rush for tcja answers  |  join the accounting firm and operations technology survey  |  mergers vs. clients: winners and losers  |

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

only 57 percent said they were optimistic about the u.s. economy over the next 12 months, down from 69 percent in the previous quarter. cpas cite trade issues and rising interest rates as the main reasons for their pessimism. read more →

jobs report: 43,000 new hires

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hourly pay averages $33.53, up 4%.

by beth bellor
卡塔尔世界杯常规比赛时间

as 2019 dawns, the most stunning trends in hiring in the tax and accounting industry is in payroll services, which shows year-over-year increases of 7 percent or more in overall employment, according to an exclusive 卡塔尔世界杯常规比赛时间 analysis. meanwhile, tax prep continues its slow slide.

more on jobs: tax shops cut 6,200 jobs | tax shops cut staff by 10% | benefits, perks, and incentives: the happy-packs of employee satisfaction | salary survey: top skills getting top pay | growth slowdown: tax & accounting hiring rates hit headwinds | steady gains in hiring at accounting firms | accounting wages set new record
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 reports:

  • 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 →

tax shops cut 6,200 jobs

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signs of a hiring slowdown? payroll agencies trim hours.

by beth bellor
卡塔尔世界杯常规比赛时间

are the heady days of hiring spikes over? maybe, but the accounting profession still scores far more positives than negatives, according to a new 卡塔尔世界杯常规比赛时间 analysis.

more on jobs: tax shops cut staff by 10% | benefits, perks, and incentives: the happy-packs of employee satisfaction | steady gains in hiring at accounting firms | tax prep services slash 10,000 jobs as busy season begins | tax & accounting wages up 4% | accounting profession shows steady growth | accounting profession growing, but slowly
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

new records are being set in overall staff, in payroll staff, and in bookkeeping. tax preparation services, meanwhile, continue to shed employees. and payroll agencies are cutting back on hours worked.

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 →