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When my wife and I began to gather receipts and other scraps of paper for our taxes this year, I called our long-time accountant with a routine request for an organizer to help us make sense of all the numbers. 'I already sent it to you,' the accountant hissed. But no matter how disorganized my wife and I may be, we knew we had not received that vital piece of mail.I called her back a few weeks later with a follow-up query. 'I don't really have time to handle individual tax returns this year. I've got all the business I need,' she snarled. 'I can't find any trained people to help me.'And so, w... view article details

Paid Vacation Before Your First Day on the Job? How does the idea of taking a vacation before you've started a job sound? The pre-cation is a fairly new development in hiring perks, and both new hires and the companies giving them out are reaping the benefits. Pre-cations may be particularly valuable to new hires that have recently left a job that was very frustrating or energetically draining. These workers are often exhausted to near burnout, and although they are grateful to have a new opportunity, they are often not in the best shape (physically and mentally) to start out on the r... view article details

Ways to Gain Negotiating Leverage Even When the Salary is Fixed Is it fair for a company to offer a job with a non-negotiable salary? Sometimes life isn’t fair. This is especially true in the job market, where one person might quickly land their dream job and increase their salary by $10,000, while the next person might be unemployed for months, be forced to tap into their savings, before finally taking an unfulfilling job at a low salary. I recently came across the following question: “How fair is it for a company to offer a job with a non-negotiable salary? It is considered an entry-lev... view article details

A company's pay structure is the method of administering its pay philosophy. The two leading types of pay structures are the internal equity method, which uses a tightly constructed grid to ensure that each job is compensated according to the jobs above and below it in a hierarchy, and market pricing, where each job in an organization is tied to the prevailing market rate.A company needs job descriptions for all its positions so that people know where they fall within the organization. A pay structure helps answer questions about who's who, what each person's role is, and why people are compen... view article details

Pay Yourself Right When Being Your Own Boss The dream of working independently is a reality for almost 10 million people in the United States, or roughly 10 percent of the workforce, according to the Bureau of Labor Statistics. The rewards of self-employment include independence from supervision, the ability to set your own hours, and the satisfaction of knowing you are writing your own ticket. And yes, if you want, you can often work in your bathrobe. Technology makes it easy to work wherever you go. With an up-front investment of a few thousand dollars in a computer, bandwidth (telephone,... view article details

Landing an accounting job often comes down to how well candidates handle the interview. These days, more firms are turning to competency-based interviews to assess candidates. For accountants, this means showing skills that extend beyond just number-crunching. The thought of facing competency interview questions usually makes candidates break out in a cold sweat. But there is no need to panic. With ample preparation, one can answer competency interview questions like a pro. Understanding Competency-Based Interviews Competency interview questions aim to assess when a candidate has the skills n... view blog & white papers details

Do you ever wonder about the retirement plan that your organization has set up for you? Maybe they promise that they will give you a certain amount of money every month after you finish working? This is known as a defined benefit plan. A defined benefit plan is worth understanding. Unlike other retirement plans, a defined benefit plan guarantees you a fixed monthly payment for your life post-retirement. Let's dive into what a defined benefit plan is in more detail. What is a Defined Benefit Plan? A defined benefit plan is a retirement plan where an employer will promise you a certain benefit ... view blog & white papers details

Attracting and retaining top talent is one of the key goals that organizations have. There are a variety of ways to do this successfully. One of these methods is to implement an employee benefit plan into your total rewards strategy. An employee benefit plan is a key tool that can make your organization competitive in the job market. The landscape of employee benefits is changing, however, which means that organizations need to review their employee benefit plan and total rewards strategy. Let's begin though by looking at what an employee benefit plan is. What Is an Employee Benefit Plan? An ... view blog & white papers details

Employee benefits are part of a competitive salary that all employees aim to have. But how can companies know if the benefits they provide are enough? Various employers rely on employee benefit surveys as a valuable tool for this assessment. Read on and dig deeper into how a simple survey can make a big difference and how you can utilize it. Understanding Employee Benefit Surveys Employee benefit surveys provide employers with valuable insights into their benefits programs. By participating in surveys, you learn what matters to your employees and how satisfied they are with your current offeri... view blog & white papers details

Cybercriminals want your identity and bank account, making it crucial to protect against such threats. Due to data breaches, most people have had their personal information compromised. Since you work at least 40 hours a week, identity theft insurance makes sense as an employee benefit. Knowing that their identities and finances are safe in the worst-case scenario will please your employees. That said, companies must offer identity theft insurance as identity theft rises. Keeping valued employees safe and loyal is a small price. Identity Theft Insurance Protects Employees in the Digital Age Sa... view blog & white papers details