why knowledge maintenance is key

businesspeople discussing chartsdon’t let systems and processes leave with your employees.

by steven e. sacks

there are nearly 80 million baby boomers today, and this cohort ranging from ages 55 to 73 is projected by the u.s. census bureau to reach 83.7 million in the year 2050. by 2030, more than 20 percent of u.s. residents are projected to be aged 65 and over, compared with 13 percent in 2010 and 9.8 percent in 1970.

more: set your staff on the right course | how does your firm leverage its talent? | the lost art of the interview | the 5 keys to success in accounting careers | stop wasting time in useless meetings | is your firm’s culture a magnet?
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a large part of this growth is because of the aging of baby boomers (individuals born in the united states between mid-1946 and mid-1964), who began turning 65 in 2011 and are now driving growth at the older ages of the population. as one source in 2016 put this into perspective, every day, 10,000 people turn 65. there are more than personal financial issues at stake here.
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traditional benefits for remote employees

woman sitting outside with laptop and smartphoneis skimping worth the cost in loyalty?

by jody grunden

traditional benefits often include things that many brick-and-mortar office workers take for granted such as paid time off, health insurance and a retirement plan.

more: keeping the right people on the bus | 10 interview questions for unlocking true potential | toss the org chart for an accountability chart | how core values affect remote work culture
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why do i say these are taken for granted? well, some distributed companies may hire independent contractors to cut down on their expenses when it comes to “frivolous” things like this, but we believe in building a great place to work, and to us that means offering the kind of benefits that make employees feel secure and cared for.
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set your staff on the right course

people standing, holding food and talkinghelp them develop soft skills.

by steven e. sacks

in the famous words found in alice in wonderland, “if you don’t know where you are going, any road can take you there.”

more: how does your firm leverage its talent? | retention starts with the hiring interview | the new way to handle exit interviews | who’ll quit next? | strengthen your firm’s screening practices | smart trust in the workplace | what aspiring accountants need to know
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this is a lesson alice learned much to her frustration. this, too, can be frustrating for professionals entering the workforce, especially in cpa firms. firms often are not clear about establishing and communicating expectations for their new hires. the focus on billable hours takes precedence over building professional and personal growth.
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how does your firm leverage its talent?

five questions you can’t say “no” to.

by steven e. sacks
the new fundamentals

with millennials representing 35 percent of today’s workforce, 50 percent in the next couple of years and 75 percent by 2030, the career mindset will shift even more toward moving onward and upward – and out.

more: retention starts with the hiring interview | how motivation is like bathing | be a talent magnet | make crap a badge of honor | the job interview: a make or break proposition | 10 elements to balancing shareholders’ needs | a leader’s guide to ending entitlement
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unless you are a business owner, the days of 40-year employees have disappeared.

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