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...
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Maintaining Morale: Easy Strategies for Employee Recognition
10 days ago by Steve Merritt -
The First 90 Days: The Guide to Effective Onboarding For Accounting Employees
10 days ago by Steve MerrittSettling 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 ...
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How Agile Accounting Employees Will Support Your Success
6 months ago by Steve MerrittThe Accounting landscape is evolving at an incredible rate, driven by rapid digital transformation, new customer trends, and market dynamics. To grow in this space, businesses need more than an innovative mindset; they need resilient, adaptable, and agile teams. Agility is no longer just a concept prized by software developers and technology vendors; it's something every bu...
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8 Easy Ways to Keep Accounting and Finance Teams Motivated
7 months ago by Steve MerrittMotivation is the lifeblood of a successful accounting and finance team. Motivated employees are more productive, engaged, and creative than their counterparts. They're also more likely to stay with your business and adapt rapidly to changing workplace dynamics. That's crucial when the accounting and finance industry is navigating constant evolution and growing skill short...
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What You Need to Know About Managing Poor Performance in Your Team
8 months ago by Steve MerrittManaging poor performance in the accounting and finance sector isn't simple, but countless business leaders must handle it regularly. Performance issues emerge for various reasons. Stress and anxiety caused by problematic company cultures or external factors like economic distress, personal problems at home and a lack of skills or motivation can lead to issues with product...
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Staying Motivated in Your Current Accounting and Finance Role: 6 Strategies That Work
10 months ago by Steve MerrittMotivation is essential to career success. The more motivated you feel in your accounting role, the more likely you are to unlock superior levels of productivity and efficiency. Plus, highly motivated employees are generally more satisfied and fulfilled by their roles. However, motivation can be difficult to maintain as accounting roles grow more challenging and complex. W...
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Ensure your Accounting Job Descriptions are Inclusive and Engaging in 2024
10 months ago by Steve MerrittThe recruitment landscape constantly evolves, influenced by changing candidate and employer priorities, introducing new finance roles, and adopting new technologies. Yet even in this fast-moving landscape, one thing remains consistent: the importance of job descriptions. More than just a laundry list of the essential skills candidates need to thrive in a role, job descript...
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Assessing Cultural Fit When Building Your Accounting Team This Year
10 months ago by Steve MerrittIn 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...
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The Ultimate Guide to Creating an Effective Talent Plan
11 months ago by Steve MerrittYour 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...
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Enhancing Employee Experience: Key Goals for a Productive 2024 Workplace
11 months ago by Steve MerrittIn 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 ...
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11 Reasons Accounting and Finance Employees Look For a New Role
about 1 year ago by Steve MerrittDespite 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...
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How to Thrive In The First 30 Days Of Your New Accounting Role
almost 2 years ago by Steve MerrittIn the Accounting landscape, people are beginning to seek new jobs, focusing on finding the best remuneration, work/life balance, company culture, and growth opportunities. According to a survey shared in Entrepreneur, approximately 46% of workers plan on finding a new position in 2023. If you’re going to take the next step in your career path this year, it’s important to ...
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5 Warning Signs Your Top Accounting Employee Is About To Leave
almost 2 years ago by Steve MerrittFinding the ideal talent for your accounting team is the first stage of building a successful business. Once you’ve attracted top-performing candidates to your workforce, you also need to ensure you’re taking steps to keep them around. In today’s skill-short landscape, employees have endless opportunities to switch employers and businesses whenever they’re unsatisfied with...
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Mastering the Onboarding Process for your Accounting Team
almost 2 years ago by Steve MerrittDesigning the perfect accounting team doesn’t start and end with choosing the right candidate for each role. Ensuring each employee can achieve their full potential means creating a long-term development plan which aligns your new staff with your company culture and goals and the results you want to achieve. The correct development plan doesn’t just prepare your candidates ...
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