Episode 4

Accounting Firm Talent Retention Tips Post Covid

On behalf of the Accounting Influencers Broadcast Network, this is the "Insights in Accounting" show, going live every Tuesday. This show is about filling in the knowledge gaps in your busy lives as accountants and leaders in practice, plus bookkeepers, finance leaders and the software/fintech industry that serves them. It's what you missed and you didn't know you missed, and why it's important.

Episode 4. In today's interview, "Talent & Retention Strategies for Accounting Firms"

Key takeaways from this episode include:

tracing the origins of the great resignation as people change their priorities, especially in accounting

the role of low salaries, limited career opportunities, feeling unvalued , strained relationships with bosses in churn of accounting firm team members

how accounting firms can be more proactive in keeping their people

why many accounting conferences keep putting on the same speakers and topics as the risk of repeating the same messages

some of the flexible working options for accountancy firms to increase the chances of keeping staff

the importance of competitive benefits and why these go beyond a competitive salary

why a healthy culture in accounting firms is no longer optional to retain people

the two investments accounting firm leaders need to prioritise to stay relevant and competitive

the role of financial literacy and prudent practice management to create the means to invest in people

Action: if you haven't already, find out what your people need, what drives them and what they think makes your firm a great place to work

Original source:

https://www.accountingtoday.com/opinion/time-for-a-great-reassessment-in-accounting


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Mentioned in this episode:

Dead Show / Youtube

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About the Podcast

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Insights in Accounting
Critical insights, commentary and analysis of key issues, trends, news and events in the accounting and fintech world

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About your hosts

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Rob Brown

Rob Brown hosts the multiple accounting podcast and chair conferences, panels and events globally for the accounting and fintech profession. He is co-founder of Accounting Influencers Roundtable (AIR) which helps vendors, experts and influencers serve the accounting and finance world. He is a dynamic speaker and accomplished expert on trust, reputation, employer brand, talent, career development, succession, gen z/generations, employee advocacy and executive presence. Rob is author of the bestselling book Build Your Reputation (Wiley) and his TEDx talk ‘The Personal Brand of You’ has been viewed 400,000 times on YouTube. He is a stroke survivor, has epilepsy, is a committed Christian and has a black belt in kickboxing. He is based in Nottingham UK, home of Robin Hood, plays chess and backgammon, loves orange chocolate and is allergic to grapefruit.
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Martin Bissett

Martin is the founder of the Bissett Group of companies that provide practice and personal growth communities, content, and continuing education exclusively to the accounting and bookkeeping professions worldwide. Previously he established a high six-figure consulting firm while serving as a keynote speaker with over 100 one-off and repeat engagements to his name, as well as becoming the most published author on his topics of specialism with 11 books including 1 bestseller.

Since 1998, Martin Bissett has played a major part in working with over 1800 accounting firms in over 40 countries. These projects have led to those firms acquiring over £500m of recurring fees before inflationary increases, referrals and upselling are factored in. He stopped keeping track of this number over 5 years ago. Martin now advises a range of accounting practitioners and fintech companies at board level.