employee retention

​As a manager or business owner in the accounting industry, regularly recognising and rewarding the efforts and contributions made by your team members is important. Regular recognition is the key to building a more motivated and engaged workforce. It's also essential to retaining employees. Studies show that up to half of employees would consider leaving a business that doe...

​Settling into any new role takes time. Even employees with years of experience in similar industry roles can struggle when faced with new processes, workplace requirements and team dynamics. That's why business leaders and managers must invest in effective onboarding processes to streamline the path to productivity. Implementing the right strategy for an employee's first ...

​Employees have identified learning and development opportunities as key career priorities for years. More than 83% of candidates say that access to learning opportunities determines which roles they'll apply for and which job offers they'll accept. However, upskilling and reskilling shouldn't just be a focus for employees. Business leaders need to prioritise educating their...

​The hiring market in the accounting industry has been candidate-driven for some time. Countless companies are now competing for candidates with critical skills to help their organisations thrive in a challenging economy. This means talented professionals have more freedom to select positions that align with their priorities and values. Positioning yourself as an "Employer...

​In today's diverse working environments, hiring accountants with the right skills and competencies for your open role is insufficient. While the abilities and qualifications of your candidates are essential, it's also crucial to ensure each team member "fits" perfectly with your evolving company culture. After all, hiring candidates with a strong cultural fit means they're...

​Your employees are your most valuable asset. They’re the key to growing your business and maintaining and improving profitability. Today’s companies need access to talented, engaged, and dedicated individuals to succeed. Unfortunately, accessing and retaining talent is becoming increasingly difficult. Skill shortages in every industry and changing employee preferences and...

​In recent years, the workplace has changed on a comprehensive level. According to McKinsey’s study of over 1,000 individuals, today’s employees are eager to find trust, purpose, and social cohesion. Staff want to feel their contributions are recognised, and are keen to access comfort and opportunities in the workplace. Developing an exceptional employee experience is now ...

​Despite an uncertain economy, employees are happy to abandon their roles if it means embracing a better work experience. According to a Gallop workplace survey presented in mid-2023 over 96% of workers are looking for a new job. In a skill-short landscape, where it’s becoming increasingly difficult to find talent for your team, knowing how to boost your chances of retaining...

​Bullying is something no-one should have to deal with. While we often associate bullying with childhood, the reality is that bullies can follow people throughout the entire lives, impacting the performance, and culture of accounting and finance workplaces. While conflicts in the workplace are natural, there’s a difference between misunderstandings and clashes among teams, ...

The accounting landscape has changed drastically in the last couple of years. Job opportunities are becoming more flexible with the rise of remote or hybrid work and the four-day work week, which some businesses are trialing currently. Even the way companies find and assess new candidates for roles has evolved, with an increasing number of virtual and video interviews. On t...

​Why Your Accounting Star Might Resign This YearHolding onto your accounting talent is becoming increasingly difficult. Over the last couple of years, changes in the workplace and the rising threat of the pandemic have prompted thousands of accounting employees to reconsider their roles. A record 4.5 million Americans quit their jobs in November 2021, and similar resignat...

As we are now living in a world that has been changed by the pandemic, your employee retention strategy must be better than ever. A pre-pandemic Retention Report by the Work Institue (2019) found that “one in three workers would voluntarily leave their job by 2023”. And this has only increased due to significant shifts in the market due to Covid-19. The effects of the pande...