recruiting

Number of Accounting Grads Hits New High

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Hiring plans rebound. Heavy demand for post-grads.

Top line: Undergraduate degrees. Bottom line: Post-graduate degrees. Source: AICPA

via AICPA

Newly minted accountants have some of the brightest job prospects in the nation, with nearly 90 percent of accounting firms forecasting the same or increased hiring of graduates this year compared with 2010, and nearly three quarters, 71 percent, of the largest firms anticipating more hiring – an indicator of a rebounding economy.

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10 Ways to Recruit & Retain the Best Talent

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Steve Erickson
Steve Erickson

Rule 1: Deliver a consistent message.

CPA and consultant Steve Erickson offers 10 tips to help firms in hiring and retention:

  1. Increase focus and efforts. Make recruiting a year-round focus, engaging both
    partners and employees in the process.
  2. Build an employee referral network. Use it to find employees and offer your expertise to other accountants while spreading the word about the profession through speaking and writing engagements. Focus on reciprocity–make referrals for other firms and don’t burn bridges. READ MORE →

No Surprise: The Best Firms Pay More

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But they bill for it too.

Annual compensation. Source: INSIDE Public Accounting via CPA Trendlines

The best firms, according to INSIDE Public Accounting, start paying more from the first day and from the bottom up. For instance, IPA’s Best of the Best pay new graduates about $55,000, compared to $50,000 at their competitors — a 10% advantage that generally carries through every job level. READ MORE →

More Accountants Looking to Change Jobs

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Job confidence rises. The Mergis Accounting and Finance Employee Confidence Index, a measure of overall confidence among U.S. accounting and finance workers, edged up 2.2 points to 56.1 in the fourth quarter of 2010, suggesting  an increased numbers of professionals … Continued