How to Create a Safe Space for Your Team to Share Their Thoughts
Your team members’ diverse personalities impact communication. Whereas some members naturally speak up, others might need encouragement to share their thoughts. As a manager, you should recognize your team members’ communication differences and provide relevant resources to help everyone feel comfortable sharing their ideas. Addressing diverse communication styles and offering support help create an environment […]
Building Stronger Teams Through Stay Interviews
A stay interview focuses on the employees you want to keep. Employees can share honest reasons why they want to stay or leave. Acting on employee feedback improves the workplace and strengthens retention. A manager, supervisor, executive, or other leader conducts a stay interview with a direct report to uncover specific actions they can take […]
Power of Appreciation: Why Thanking Your Staff Matters
Most employees feel motivated to perform their best when they are recognized and appreciated. Therefore, you should regularly thank your accounting and finance staff for their contributions and positive impact on the organization. Include a range of rewards to accompany staff appreciation when relevant. According to the 2024 State of Recognition: Optics vs Impact by […]
Building a More Effective Communication Framework
Building a more effective communication framework benefits your accounting and finance team. Prioritizing what to say and how to say it helps your team understand and act on your ideas, suggestions, and feedback. You can use the “What, So What, Now What” framework outlined in a Harvard Business Review article to effectively communicate your message. […]
Understanding and Conquering Imposter Syndrome
Like most employees, you probably have experienced imposter syndrome at some point in your career. Perhaps you started a new job and felt you had less experience than needed. Or, maybe your manager assigned a project you felt unprepared to lead. Don’t worry, you are not alone. Imposter syndrome is quite common and affects as […]
Employee Attraction and Retention
Employee retention is a top priority for most employers. High retention rates provide many advantages: Elevated candidate attraction Increased employee engagement Better performance Greater productivity Stronger job satisfaction Higher employee morale Lower hiring, onboarding, and training costs Healthier bottom line Employer reputation As a result, you should take steps to strengthen employee retention. These tips […]