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For CPAs and other professionals in the accounting industry, working long hours is common—particularly during tax season. As their average work weeks exceed 40 hours, some accounting firm employees have wondered whether they are entitled to overtime pay. This question hinges on whether they are classified as exempt or nonexempt employees under the federal Fair…
Performance reviews are dead, or so we have been told. The data shows a shrinking support for the traditional method: only 15% of companies have not adjusted their annual performance management process and do not plan to. But the data from our Performance Management, Culture, and Business Results study shed a different light on the…
Have You Audited Your HR Practices? For CPA firms and other businesses in the accounting industry, the stress of delivering optimal results for clients in light of a complex, ever-changing tax code can detract from effective workforce management and compliance with employment laws. However, it is crucial for employers in any industry to periodically review…
Did you know that organizations with formal recognition programs have 31% less voluntary turnover than organizations that don’t have any program at all? And they’re 12X more likely to have strong business outcomes. Do you know what motivates employees, the benefits (and costs) of employee recognition, and how to effectively approach it in your organization?…