Leadership & people skills

4 traits of high-performing companies

Companies with a well-conceived, well-communicated strategy for interacting with customers are more likely to have financial success, according to a new survey report. The report offers four key findings about how high-performing companies think about and carry out customer-engagement strategies.

How to make flexible working work

While some employers see flexible working policies as an essential talent retention tool, others raise concerns about the impact on organisational culture and relationships with colleagues.

Keys to effective talent retention agreements

The success or failure of a merger or acquisition often rests on whether key employees can be persuaded to stay on as part of the new venture, yet the ideal talent retention strategy remains elusive.

Employee loyalty is a rare commodity

Employee loyalty is an increasingly rare commodity, according to research by the American Management Association. And while companies recognise the consequences for their businesses, such as low morale and increased absenteeism, tackling the trend is not a major focus for the majority of organisations.

Executives report pay increases, say incentives are good retention tool

About three-fifths of executives say long-term incentives motivate them to remain at their current organisation, according to a global survey by the Association of Executive Search Consultants. Most members of the C-suite reported receiving an increase in pay during the most recent fiscal year.

Job-hopping: Favoured by younger workers, frowned upon by older ones

A majority of younger workers in a US survey think changing jobs regularly is a good career move, but older workers disagree. Accountemps said 57% of workers under 35 approve of job-hopping, while 78% of those 55 and older think it’s not a good idea to change employers regularly.

Management accountants increasingly confident in the job market

In the annual Chartered Institute of Management Accountants (CIMA) salary survey, management accountants show high levels of satisfaction with their salaries, with 75% of them reporting that they were satisfied or extremely satisfied with their current salary.

How to behave at your company party

One way to get better employee engagement: Throw a party for your staff at the end of the year. What should be a joyous occasion can be risky, however. Here’s a primer on how to behave.

CFOs getting more requests for pay increases and promotions

Forty-three per cent of CFOs said requests for promotions or more money have increased from two years ago, according to a survey by Accountemps. Workers feel more confident about the economy and about job prospects, so they’re more likely to ask for a better title or pay grade.

Pope Francis on the role of accountants in society

In an address in Rome to World Congress of Accountants delegates, Pope Francis reminded accountants that their work is a service to the community and encouraged the profession to use this perspective, along with creativity, to tackle problems such as providing people with dignified work and opportunities to realize their own development.

How to meet the challenge of the open workforce

Access to a dynamic talent base of freelancers, contractors, and other external staff enables businesses to react faster to new opportunities and drive competitive advantage. But the open workforce model also brings challenges and risks with major implications for management strategy.

Kirtley named IFAC president

Olivia Kirtley, CPA, CGMA, a member of the American Institute of CPAs’ governing council and former chairwoman of the AICPA board of directors, has been elected president of the board of the International Federation of Accountants.

US CEO pay grows at higher rate than CFO pay

Compensation for US chief executives is growing at a faster rate than compensation for CFOs, according to research by BDO. The energy sector had the highest pay rises for executives, and average pay in the retail sector dropped for CEOs and CFOs.
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