Why It Matters: Internal and External Equity in Compensation

Internal equity and external equity make up fair pay. Both are important for attracting and retaining the best employees. Prioritizing fair pay helps close the gender gap. Following processes to sustain fair pay throughout each employee’s tenure with your company also promotes this initiative. Discover why internal and external equity in compensation matter and how […]

Does Your Accounting Team Prioritize Cybersecurity?

Cybersecurity for companies is increasing in importance. This is especially true for accounting teams. Hackers know that systems used by accountants have confidential information that can be used for personal gain. This is why your business, including your accounting team, needs to prioritize cybersecurity. Otherwise, your organization may lose revenue, clients, and its reputation.   […]

Providing an Equitable Workplace Instead of an Equal One

Although “equality” and “equity” are different by only two letters, their meanings are significantly different. Whereas equality involves giving all employees the same resources, equity involves distributing these resources based on individual needs. Although equity and equality are important to all employees, understanding the issues is especially critical for managers and leaders. Knowing how equity […]

What Can You Do About Disruptive Change?

In order for companies to thrive this year, they need to respond to the trends that impact how organizations operate. This includes looking beyond financial goals and focusing more on employee needs. Effective responses to the following trends can help establish transformative growth for increased business success. Companies that make modifications in line with the […]

How to Add Internal Talent to Your Interview Process

Hiring for your accounting and finance team is a challenging process. You want a candidate with the right combination of education, skills, and experience to succeed in the role. This is why hiring internally can be so appealing. You know the candidate already was vetted, understands your company culture, and likely needs less time for […]

Redefining the Value of Work: Managing the Employer-Employee Relationship

As the coronavirus pandemic continues to go on, the employer-employee relationship continues to be tested. Moving forward during this time of uncertainty requires defined expectations of what this relationship should look like. Although employers and employees may consider each other family, the reality is that they are not. The problem with thinking of employees as […]