In a recent post on Trendlines, Gary Boomer held forth on the staffing crisis in our profession. Succinct and to the point, Boomer lists four reasons. While all four are valid, my experience over the past five years has identified one as being most significant – Firms with low retention and high staff turnover work their associates too many hours. It’s not rocket science. Read more…
Jun
12
“Thank you” goes a long way. Many firms have survived their “busy season” (whatever that is) and I’m sure management planned some food n’ booze event to thank their staff, but I just want to remind people that saying “thank you” can go a long way for morale, and it’s free. So don’t wait until the end of next busy season to say it again.
There are numerous posts on this site that begin to break the surface of the difference in culture at our firm, but one of the biggest things I’ve noticed is communication. The partners in this firm reach out to us on a daily basis; simple things like, “how’s it going, “hey, nice work on that…” or “I just want to thank you for all your hard work on this.” Or sometimes they just tease me but they know I can handle it. Read more…
Jan
7
In the December 17, 2007 issue of Accounting Today, Gary Boomer asked three questions in his article titled Pricing and Partner Compensation. (1)Does your firm have a documented strategic plan; (2) Does our partner compensation system integrate with the strategic plan, and; (3) Am I still pricing by the hour?
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