marc rosenberg
don’t stereotype, but don’t pretend all ages are the same, either.
by marc rosenberg
cpa firm staff: managing your #1 asset
“each generation imagines itself more intelligent than the one before it and wiser than the one that comes after it.” – george orwell
the following was written by scott steadman, who heads up jacksonville, fl-based steadman valuations and forensic accounting llc. read with caution: statements about the traits of an entire generation are, of course, generalizations that do not necessarily apply to every individual in the grouping.
early on, a strong economy and stable lifestyle made baby boomers generally optimistic about their future and the future of the united states. once known as idealistic dreamers, boomers were forced to focus on their economic future and real-world concerns over money and stability. in the movie “wall street,” when gordon gekko said “greed is good,” he was speaking to (and for) baby boomers.
read more →
firms have had to adjust.
by marc rosenberg
the rosenberg national survey of cpa firm statistics
i believe 2003-2007 was the golden age of the cpa profession because the robust increases in revenues and profits were never better. the early and mid-2020s will be named by someone much more clever than me, but many of us feel these current years of prosperity have eclipsed the golden age.
editor’s note: every year, the 2024 rosenberg national survey of cpa firm statistics asks the profession’s top consultants two sets of questions:
paradoxically, firms are still frustrated by too much business and with too few staff.
there are three areas currently causing disruption in our industry:
read more →
six ground rules for optimum results.
by marc rosenberg
cpa firm staff: managing your #1 asset
“the partners may think they know how the staff feel about the firm, but it’s only important what the staff think.” – marc rosenberg
if you truly and honestly want to make your firm a great place for your staff to work, the first thing you need to do is ask them what they think. there are two primary types of surveys:
tips for policies, staff meetings and just plain fun.
by marc rosenberg
cpa firm staff: managing your #1 asset
“i have yet to find a company that has earned high levels of customer loyalty without first earning high levels of employee loyalty.” – frederick reichheld
we have discussed key ways to retain staff. this post looks at scheduling and managing, accountability, communication and ideas for having fun at the office.
organized, effective centralized scheduling enables firms to staff client projects so the client work is promptly completed. other benefits:
plus interview questions, ideas for small firms and more.
by marc rosenberg
cpa firm staff: managing your #1 asset
“in looking for people to hire, you look for three qualities: integrity, intelligence and energy. if they don’t have the first, the other two will kill you.” – warren buffett
“we believe hiring to be the most important first step toward the organization’s success.” – anonymous
this post offers a plethora of ideas and techniques to recruit staff. all of them can be sorted into eight high-level strategies:
…barry melancon annette nellen blake oliver hitendra patil val steed scott peterson kane polakopff anthony pugliese yerry p{utney kristen rampe michelle golden river darren root marc rosenberg bonnie buol rusczyk…
several experts on offer tips on how.
by marc rosenberg
cpa firm staff: managing your #1 asset
“if i have 500 partners and 400 are men, i figure i have 150 underperforming partners.” – a big 4 managing partner
the cpa profession suffers mightily from a shortage of labor. there are several reasons for this, in no particular order:
yes, we included a form. but we almost didn’t.
by marc rosenberg
cpa firm staff: managing your #1 asset
“feedback is the breakfast of champions.” – ken blanchard
“average players want to be left alone. good players want to be coached. great players want to be told the truth.” – doc rivers, nba basketball coach
this post is divided into two sections:
the three types of training needed and 21 best practices for providing it. by marc rosenberg cpa firm staff: managing your #1 asset “training is everything. the peach was once…
plus 17 extraordinary benefits to consider offering.
by marc rosenberg
cpa firm staff: managing your #1 asset
“if you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it, you almost don’t have to manage them.” – jack welch
“pay your people the least possible and you’ll get from them the same.” – malcolm forbes
every cpa industry survey we’ve seen for decades shows that compensation is either no. 1 in importance to staff or close to it.
our feeling is that compensation is the ante to enter or stay in the game. put another way, according to jeremy wortman:
if college graduates are looking for their first job, or if a young person with a little experience is job hunting, compensation is huge. if a person has two offers, one for $60,000 and the other for $65,000, the higher offer will get the person almost every time. but if the offers are $500 apart and the person likes the firm offering the lower salary better, it’s likely that the lower-paying firm will get the nod.
read more →
…(some have expressed that the university education provided during this period has been described as below par due to the circumstances).” higher pay marc rosenberg, of rosenberg associates fame, sees…
do your people know what it takes to get ahead? by marc rosenberg cpa firm staff: managing your #1 asset the cpa firm mergers and acquisitions company prohorizons has surveyed…