Getting and Keeping the Best: The Battle Continues

By Steven E. Sacks, CPA, CGMA, ABC In the years following the Great Recession, companies have decided to do less with more. How they make a decision on whom to keep is open to much debate. Are the… Read More

Allocating Firm Resources: Don’t Forget Your Younger Professionals

By Steven E. Sacks, CPA, CGMA, ABC CPA firms always have their eyes on the bottom line with as much, if not more, intensity than on the top line. Salaries and benefits take up a considerable chunk of… Read More

Staff Orientation: A Little Investment Goes a Long Way

By Steven E. Sacks, CPA, CGMA, ABC I have addressed some aspects of staff retention in earlier posts. Another critical component to retention is staff orientation. Because of the accounting profession’s regulation-heavy nature, firms have provided CPE in… Read More

Find Innovative Ways for Staff Advancement (and Retention)

By Steven E. Sacks, CPA, CGMA, ABC Younger professionals are looking for CPA firms that will enable them to move up the career ladder faster than the traditional time. Depending on the existing firm structure and size, there… Read More

The Exit Interview: A Way to Keep the Door Open

By Steven E. Sacks, CPA, CGMA, ABC A more mobile (read temporarily stationed) workforce should make CPA firms think seriously about how effectively they handle staff departures. In fact, the whole process of recruitment and retention needs careful… Read More