What everyone really wants to know is how much interim staffing will cost them before they put too much confidence in any one solution. This article discloses a real-life savings analysis for several different types of projects in comparison to Big4 accounting firms.
In this article, I will address how corporate tax departments should optimize their use of
independent contractors to get more bang for their buck. Many department leaders understand how to use an independent tax consultant to fit their rudimentary needs as listed here: Block and tackle for...
The matter of diversity in the workplace is rising to the forefront as new ESG standards come into the mix. This article will explain why tax is going to struggle to meet a specific area of ESG racial diversity standards.
There is an impending labor shortage in tax that will impact how investors view your company.
Looking back at the Global Tax Market Assessment, it was predicted 2020 would host an
extremely active, candidate-driven market. Little did we know that a global pandemic would strike during peak...
The mass exodus of tax professionals due to retirement has begun, and we already see signs of its significant impact on departments nationwide. One less recognized result is Millennials will be the most recruited cohort throughout the next five years. It is important Millennials create a...
We’ve transitioned into an employer-driven market, but that doesn’t mean Hiring Authorities will have it easy. This article uncovers some situations you may encounter during a major market disruption.
As a hiring authority in the tax world, it is your job to ensure effective hiring practices. If you are not targeting appropriately when beginning a job search, you are harming your tax department by inevitably having your search take longer than it should. This article will address the...
Although remote work flexibility has been an option for a lot of projects historically, very rarely have projects been completely remote until now. This article will look at the historical aspects of remote tax consulting, the changes we see today from COVID, and how consultants can ease the...
The coronavirus pandemic has given the Big4 a convenient pretext to promote their
managed services outsourcing model as a novel, client-driven solution. All the rage in the
late 80s and early 90s, it’s pretty telling that none of the large, complex companies that
initially entered into those...
In recent months, remote work has become the norm. As we move forward into the “new normal,” we are beginning to see a number of emerging implications for the tax industry. While there are upsides to working from home, we believe tax departments will soon encounter complications in two key areas.
When I wrote “Working Remote: 3 Keys To Success” back in April, I did not expect to be writing about the same topic six months later. Everyone has a different idea of the ideal work circumstances; some prefer to be in the office, others prefer working from home, but some don’t have a choice in...
For the last article of my Strategic Hiring series, I will break down how tax leaders should hire and retain talent in a department upgrade or rebuild, by identifying what roles and areas need to be upgraded to navigating the hiring process in a manner that reduces the risk.
In the tax hiring climate of the COVID era, more and more companies are trying to fill searches on their own due to budgetary constraints and the impression that COVID left many candidates/talent to be sought. As Managing Director of Executive Search at TaxSearch, I have learned from my recent...
As a Recruiter with TaxSearch, during this market turndown, I completed four searches
that utilized succession planning components. I have seen firsthand that being able to paint
a holistic picture for potential candidates effectively attracts top-level talent. This article
will explore four...
Let’s talk about money! I have provided unmeasurable insight into the Top 5 Interim Staffing
Solutions and the Advantages & Disadvantages of them, but let’s get serious. What everyone
really wants to know is how much interim staffing will cost them before they put too much
confidence in any...
In the last article of this series, Hiring for an Open Role, I discussed strategies, considerations, and challenges tax leaders must account for when identifying and recruiting for a replacement of an existing open role. While this is the most common hiring situation tax leaders encounter, many...
Over the past few years, the Gig-Economy has exploded with options for individuals looking to escape 9-5 desk jobs. The sudden shift to remote work caused by COVID-19 opened the tax profession's eyes to a unique opportunity.
Pre-COVID, in our 2020 Global Tax Market Assessment, we took the stance that U.S. tax
departments were not ready to embrace the remote-work structure, despite seeing a rising
uptick of European Tax Departments moving in that direction. Given recent circumstances
under the pandemic, we...
They say no good deed goes unpunished... While stimulus packages were absolutely a good deed, it is time to pay the piper and it appears the tax industry is the one being charged.
THE SUDDEN SHIFT TO REMOTE WORK CAUSE BY COVID-19’S HAS CHANGED EVERYTHING. FOR THE FIRST TIME MANY INDUSTRY LEADERS ARE REALIZING THE TREMENDOUS OPPORTUNITY THE TALENT ECONOMY PRESENTS.
In my last article, Strategic Hiring – An Introduction, I introduced 3 different hiring scenarios tax leaders are likely to face regarding staffing: hiring for an existing open role, hiring for newly created roles and hiring to upgrade or rebuild a tax function. Each scenario deserves exclusive...
The corporate culture, country culture, how a company is organized, and where its executives sit, have a significant impact on how they consider and prioritize the interests of their stakeholders; e.g., shareholders (pensioners and savers), employees, customers, and the governments in which they...
The coronavirus pandemic has highlighted the viability of remote work in many industries, a
revelation that will likely impact many future business decisions worldwide.
In TaxSearch’s 30 years of recruiting experience, we have observed that there are two prominent hiring windows each year for tax professionals. Based on our annual period with the most job requisitions, 70% of the year’s hiring typically occurs during the Spring hiring season, which runs from...
The coronavirus pandemic has highlighted the viability of remote work in many industries, a revelation that will likely impact many future business decisions worldwide.
Gain more insight into this topic during a webinar on Wednesday, June 17, at 1:00 pm (EST).
Registration is now available.
The Big4 have dusted off their 1990s-era outsourcing model with renewed promises to solve the challenges generated by legislative and regulatory pressures, all while incorporating emerging technologies.
As rudimentary number-crunching and compliance tasks are automated, the decreased need for low or entry-level tax staff may discourage many up-and-coming accounting professionals from entering or remaining in tax.
As most of you know, I have been in the business of executive recruiting since 1980 and established TaxSearch, Inc. in 1987. Since that time, I have experienced six major market turndowns.
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