What’s partner material at your firm? Click here to join the survey; get the results. by Rick Telberg CPA Trendlines Early returns from the new CPA Trendlines survey into identifying and managing high-potential professionals suggests that, beyond ability, firms are more intent than ever on finding well-rounded individuals capable of taking initiative and developing new business. Above is a word picture of some of the verbatim responses we’re capturing. What are the traits you look for in new hires? Here are a few of the more interesting answers:
READ MORE →
Now running at new high. Hourly earnings at CPA firms are running at an all-time high, according to new data available to CPA Trendlines. On average, earnings reached $31.20 per hour in 2011, up about 3.2%, for all employees. For just non-supervisory employees, wages gained 21 cents, reaching $24.20. In the last five years, earnings for management-level employees have risen 10.1%, while wages for all employees advanced 9.1%.
READ MORE →
GO PRO FOR INSTANT ACCESS / PRO MEMBERS LOG IN HERE
State-of-the-firm vid lands Rachel Ray TV show appearance.
READ MORE →
GO PRO FOR INSTANT ACCESS / PRO MEMBERS LOG IN HERE
Entry-level auditors at KPMG win class-action certification. A New York federal court conditionally certified a national collective action lawsuit that alleges that KPMG LLP violated the federal labor laws by denying thousands of entry-level audit employees overtime pay. “Denying associates overtime pay is a problem among all of the Big Four accounting firms, not just at KPMG,” says attorney Justin M. Swartz. “We hope that this case, as well as audit, advisory, and tax cases against Deloitte, PricewaterhouseCoopers, and Ernst & Young will reform the accounting industry.”
READ MORE →
GO PRO FOR INSTANT ACCESS / PRO MEMBERS LOG IN HERE
The economy turns a corner. According to a survey of U.S. accounting firms by Sageworks, 92% of financial professionals believe that businesses will either maintain or increase their employee count in 2012.
READ MORE →
GO PRO FOR INSTANT ACCESS / PRO MEMBERS LOG IN HERE
New data shows where many firms are falling short. Accounting firms need to start worrying that their best people could jump ship for the next great opportunity.
READ MORE →
GO PRO FOR INSTANT ACCESS / PRO MEMBERS LOG IN HERE
Learn what it takes to attract the best talent and merger partners. by Robert Fligel, CPA RF Resources LLC For many in the CPA business, organic growth is going to be very slow for the next several years. So, CPA firms seeking growth are: making strategic mergers or acquisitions, or bringing in new partners or groups of partners with strong books of business. But how do you position your firm to be desirable to merger partners or new talent?
READ MORE →
GO PRO FOR INSTANT ACCESS / PRO MEMBERS LOG IN HERE
