recruiting

Tax & Accounting Regains 3,800 Jobs

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Tax prep down, payroll sees big swings.

By Beth Bellor

Some of those heady new highs the accounting profession was seeing a year ago are seeing reversals now. We’re looking squarely at you, COVID-19. Feel free to move along anytime.

MORE ON JOBS: Accounting Jobs Recovery Slows | Tax & Accounting Firms Rehire Two-Thirds of Pre-COVID Workforce | Tax & Accounting Firms Rehire Two-Thirds of Pre-COVID Workforce | New Job Cuts at CPA Firms | More Jobs Trends and Staffing
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In this report, CPA Trendlines highlights:

  • Current and long-term 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

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How Job Titles Can Rebrand Your Firm

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Hitendra Patil: "Changing job titles to something more relevantly expressive can help rebrand your firm and even differentiate it competitively."New titles can attract more clients, talent and social visibility.

By Hitendra Patil
Accountaneur

I read with interest Ed Mendlowitz’s recent post “What’s in a Title?”

I wondered:

  1. Why are the job titles in accounting firms what they are?
  2. How did they come into existence?
  3. What was the purpose of designing the job titles currently in vogue across the accounting profession?

MORE ON ENTREPRENEURIAL STRATEGY: Your Clients Hold a Secret Key to Your Practice Growth | The New Needs of People at Accounting Firms | 4 Pillars of Future Firm Foundation | Do You Want a Practice … or a Business? | 3 Apps to Automate Business Networking | Re-Learning the Lingo of the Accounting Business
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Most likely, it is industry practice that creates the sameness in job titles. Ironically, management gurus tell us to differentiate, yet we resort to sameness!
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Managing Partners’ Favorite Staffing Strategies

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Two coworkers playing ping pong in office as another looks on from deskWhat they do now and are considering for the future.

By Marc Rosenberg
On Staffing

I often poll a group of more than 100 managing partners across the country on various practice management issues.

MORE ON STAFFING: Don’t Underestimate Communication with Staff | 19 Questions for Your Next Hire | Staff Performance Feedback Done Right | 21 Staff Training Best Practices | Making Flex Time Work in the Real World | 10 Winning Traits of Accounting Firm Leaders | The Importance of Great Bosses | The 12 Reasons Your Staff Hates Your Firm | What Happened to the Relevancy of the CPA Profession?
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Recently, I polled them on leading-edge staff practices.
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Why Firms Can’t Afford NOT to Develop Women Partners

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Young smiling woman holding tablet in office8 best practices.

By Marc Rosenberg
On Staffing

Let’s open this discussion in very simple terms.

MORE ON STAFFING: Staff Performance Feedback Done Right | Why Staff Scheduling Should Be Centralized | Compensation: Money and Beyond | How to Make Mandatory Saturdays a Thing of the Past | What Staff Mentoring Is and Isn’t | Do Flexible Hours Help or Hurt Us? | 8 Keys to Keeping Staff Engaged | Staffing: What CPA Firms Are Learning the Hard Way
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The CPA profession suffers mightily from a shortage of labor. There are several reasons for this, in no particular order:
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How to Create a Talent Management Strategy

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Smiling businessmen listening to young female during interview5 steps to acquiring the right employees.

By Marc Rosenberg
On Staffing

What is talent management?

MORE ON STAFFING: What Happened to the Relevancy of the CPA Profession? | Staffing: What CPA Firms Are Learning the Hard Way
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It’s an umbrella term for how firms acquire talent, engage people in their firm, develop their skills and retain them. Among many things, it addresses:
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SURVEY FINDINGS: Talent Wars, M&A Frenzy Continue

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Man and two women talking in officePlus a suggestion for renaming the MP.

By Gary Adamson
The Rosenberg MAP Survey

Organic growth continued to be slow and nowhere near pre-recession levels. In fact, this survey and others showed a lower 2015 growth rate than 2014.

MORE FROM THE SURVEY: Next-Gen Leaders Getting Restless | Mergers Keep Racing Forward  | Do You Have a Firm or a Co-op? | Accountability, Equity, Compensation Are Concerns | MAP Survey Top 10 Findings | CPA Firm Revenues Rise a Hefty 8%
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The talent wars are back with a vengeance and firms are generally not finding success in hiring their way out of long-standing succession issues.
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Chris Allegretti Makes Retention a Top Priority at HBK

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Allegretti
Allegretti

Also: Expanding on the notion of ‘most trusted advisor.’

By CPA Trendlines Staff

While hiring top talent is a key concern for Chris Allegretti, chief executive officer of HBK CPAs & Consultants in Canfield, Ohio, he’s even more concerned with his firm’s ability to retain its best people.

HBKlogoMORE from THE CORNER OFFICE: Lou Grassi Focuses on Recruiting, Retention at Namesake N.Y. Firm | Richard Berkowitz Drives Berkowitz Pollack Brant to ‘Warp Speed’ | Randy Myeroff at Cohen & Co.: Winning the Youth Movement | Rick Dreher Innovates Wipfli for Clients, Younger Workers | How Blain Heckaman Drives Value at Kaufman Rossin | WeiserMazars MP Blake Charts U.S. Expansion | Frank Longobardi: CohnReznick’s Battle for Top Talent | The Robo-CPA: Jim Sikich Prepares for Disruptive Technologies |  Exclusively for PRO Members. Log in here or upgrade to PRO today.

“Of  course our job is to recruit the best, but we ‘re also finding that we have to constantly ‘re-recruit’ them by investing in their futures and making our firm the place where they’ll want to stay,” he says.
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Randy Myeroff at Cohen & Co.: Winning the Youth Movement

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Myeroff
Myeroff

“Whoever can connect with today’s youth movement and invest in it the right way is going to win.”

By CPA Trendlines Staff

Attracting and retaining high-caliber, younger workers is far and away the most pressing concern at Cohen & Co. in Cleveland, Ohio.

MORE from THE CORNER OFFICE: Rick Dreher Innovates Wipfli for Clients, Younger Workers | How Blain Heckaman Drives Value at Kaufman Rossin | WeiserMazars MP Blake Charts U.S. Expansion | Frank Longobardi: CohnReznick’s Battle for Top Talent | The Robo-CPA: Jim Sikich Prepares for Disruptive Technologies |  Exclusively for PRO Members. Log in here or upgrade to PRO today.

The CPA firm, which ranks among the nation’s 100 largest, is reaching out to young talent via means that include offering one of the top-ranked internship programs in its northeastern Ohio region, and by simply increasing its hiring of new college graduates.
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