On behalf of the Accounting Influencers Broadcast Network, this is the "Insights in Accounting" show, going live every Tuesday. This show is about filling in the knowledge gaps in your busy lives as accountants and leaders in practice, plus bookkeepers, finance leaders and the software/fintech industry that serves them. It's what you missed and you didn't know you missed, and why it's important.
Episode 4. In today's interview, "Talent & Retention Strategies for Accounting Firms"
Key takeaways from this episode include:
tracing the origins of the great resignation as people change their priorities, especially in accounting
the role of low salaries, limited career opportunities, feeling unvalued , strained relationships with bosses in churn of accounting firm team members
how accounting firms can be more proactive in keeping their people
why many accounting conferences keep putting on the same speakers and topics as the risk of repeating the same messages
some of the flexible working options for accountancy firms to increase the chances of keeping staff
the importance of competitive benefits and why these go beyond a competitive salary
why a healthy culture in accounting firms is no longer optional to retain people
the two investments accounting firm leaders need to prioritise to stay relevant and competitive
the role of financial literacy and prudent practice management to create the means to invest in people
Action: if you haven't already, find out what your people need, what drives them and what they think makes your firm a great place to work
Original source:
https://www.accountingtoday.com/opinion/time-for-a-great-reassessment-in-accounting
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A reminder of 5 great shows in the Accounting Influencers Broadcast Network:
❶ Success in Accounting - MONDAYS. Our flagship main show featuring panels, highlights, combinations, panels, topics, live interviews and best ofs.
❷ Insights in Accounting - TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.
❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
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Mentioned in this episode:
Dead Show / Youtube