Just got back from a speakers dinner at the River Room Restaurant. It was great to get to know some of the other presenters. I enjoyed all the topics floating around the table: social media, Peachtree, Quickbooks, and the best Italian food in the city. I even had the pleasure of meeting the Singing CPA who will be presenting at the cocktail hour.
I present tomorrow -- Wednesday, August 18 during the 3:20 -5:00 pm session. The topic is Leveraging Today's Employment Market. You can access the Power Point presentation by clicking on the title.
My goal is to provide those who attend with 6 hiring strategies that can immediately impact their organization -- a method for finding the silver lining in these economic clouds. I look forward to delivering on this goal.
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d.h. says:
8/19/2010
nice job Dan. you gave us plenty to think about.
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60% of young male executives want to punch their co-workers in the face?
8/13/2010
How about that for a headline to catch your attention? I heard it on the radio today and had to validate. Sadly, it seems that there is legitimacy to the statistic.
According to the Harvard Business Review 60% of young male executives would punch a co-worker in the face if they could get away with it. When asked about their superiors, 40% would also punch their bosses in the face if there were no repercussions.
The study did show that these violent tendencies decrease with age. Only 20% of male readers ages 50+ share these violent desires.
I think this is another example of an ever increasing degree of frustration, angst and stress brought on by our economic and political climate. We must work together to overcome these elements or our society is in big trouble.
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So, how is the market?
8/12/2010
While all the pundits argue over whether we are in a recovery, or a stalling recovery, or a stalling recovery that is recovering, the job market plods on. Yes, from my vantage point in a 40-year-old Recruiting Firm things continue to improve.
Since the calendar turned over to 2010, every week has shown a bit more demand for talent. Sales have trended upward, and continue to do so. We are still not back to “normal” (as gauged by 12 years in this business); however, I can’t complain about business.
The Accounting Industry usually sidesteps economic dips, but the Great Recession did not leave the accounting profession unscathed. While unemployment rose to over 10% nationally (maxing at 10.8% in Georgia in February, 2010), accountants fared a bit better. According to our data the Accounting / Finance market topped out with a 6% unemployment rate.
Two areas have been hit especially hard:
1.Entry levelaccountants – it has been a tough few years for grads with little to no accounting experience. With the sliding economy, many companies either froze hiring initiatives or went through layoffs. This produced extreme competition and allowed companies to hire experienced talent at the same cost as an unproven accountant. The result is a lot of highly qualified waiters and waitresses living at home and trying to stay positive.
2.Accounting / Finance Executives – The turmoil of the economy resulted in an extremely cautious business environment. Business owners, Presidents and CEOs became risk adverse, resisting any temptation to change out C - level talent – fearful of the impact of any more disruption.
This cautious hiring market can be seen most dramatically by observing our internal statistics for Controller searches. In 2009 requests for Controller searches were down from previous years by 23%. The good news is that right now we are 53% ahead of last year. This is an optimistic sign for the accounting hiring market.
In a nutshell, the economy is improving very slowly. You can see this trend in the accounting / finance hiring market. Companies see continued improvement in the stock market to indicate the end of the economic doldrums. If this could combine with decrease in unemployment, you’d see hiring at record rates versus the slow and steady we’ve come to grow used to over the past several years.
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Tennis Champion says:
8/23/2010
thought your comments in the chronicle were right on. i agree with you more then the rose colored glasses guy. my guess is that this will take many years to dig out of.
David Katz says:
8/19/2010
saw your comments in the ABC today.
out of work CPA says:
8/16/2010
Been on the market for 1.5 years -- fear that I am now unemployable. Before this I had 3 jobs, CPA, a really nice career. So, in essence, you are spot on. I see exactly what you describe.
Dan Erling says:
8/14/2010
Free, Great point. Unfortunately many companies are so tight with their budgets that internal controls have continued to suffer. I do believe that you are correct, it is just that we haven't seen it start to happen.
Dan Erling says:
8/14/2010
Lisa,
Stay positive. These times are like no other. It sounds like you have taken all the right steps. Keep treading water until the market turns. Don't worry about those looks and comments.
Lisa says:
8/13/2010
You have described my situation perfectly. I am waitressing to support myself and pay for the CPA exam and review materials out of pocket. And also trying to stay positive! You can imagine the looks and comments from peers... "So you're still working at Chilis?"
Free Polazzo says:
8/13/2010
Since much of the economic downturn was, in my opinion, a result of the failure of internal controls inside many of our key institutions, I would hope that any recovery will be LED by the hiring of accountants to shore up business processes that help maintain the integrity of the information needed by investors at all levels.
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We lost a really cool kid
8/12/2010
My son, Nelson, met Blake Kuller in the third grade. They became fast friends. They shared birthday parties, movies, and slumber parties. They worked on school projects together, and occasionally got into trouble together.
Blake had Duchenne Muscular Dystrophy (DMD), and maybe the reason that Nelson and Blake had such a great friendship was because Nelson never seemed to notice. Sure, he loved escorting Blake on the only elevator in the school, and he loved riding on the back of Blake's scooter, but most of all he simply loved Blake.
Sadly, on the day before the boys would have entered high-school together we lost Blake. Blake Kuller (14) son of Whalen and Allison Kuller and brother to Jackson (10) Lauren (8) and Ansley (6) passed away early Monday morning at Children's Healthcare of Atlanta's Scottish Rite hospital, where he had been admitted after suffering a fall.
The memorial service honoring Blake will be held on Friday, August 13 at 11:00am in the Dunwoody Baptist Church Worship Center (near the Prayer Garden).
Donations can be made in Blake's name to: Parent Project Muscular Dystrophy (www.parentprojectmd.org) an organization dedicated to funding medical research aimed at finding a cure for Duchenne Muscular Dystrophy.
We will all miss you Blake, but I think Nelson will miss you a bit more.
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Dan Erling says:
8/31/2010
www.youtube.com/watch?v=uo0W8HHnktI -- "Blake Kuller "A Celebration of Life"
qbot says:
8/17/2010
just get good vibes from the pic -- smiles that transcend my computer screen. nice kids - I can tell.
Greg says:
8/14/2010
Nice posting
Dan Erling says:
8/13/2010
Gill, That is an understatement.
Dan
Gill M says:
8/13/2010
Nice work Dan. You must be proud of your son.
Dan Erling says:
8/13/2010
Blake loved being in the Boy Scouts and the Band. In this picture, Nelson and Blake are getting ready for a band performance at Peachtree Middle School under the awesome direction of Terry Shores and Walter Hickman.
Sarah says:
8/13/2010
What are Nelson and Blake dressed for?
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Southeastern Accounting Show
8/11/2010
The Georgia Society of CPAs hosts its annual Southeastern Accounting Show at the Cobb Galleria Centre August 18th & 19th. As usual, the convention promises to be a must-see event for financial professionals, covering CPA firm issues, business & industry topics, technical topics, and personal enrichment. Get the latest on everything from IFRS hot topics to hiring and staffing strategies led by yours truly.
I am looking forward to my session on Leveraging Today's Employment Marketon Wednesday, August 18th during the 3:20-5:00 pm session. I designed this course to provide strategies that participants can immediately implement in their company's hiring plan to attract, recruit, and retain exceptional talent. The strategies covered in this seminar have a proven track record of saving organizations time and money, and I must say the topic has been very popular. I hope you will join me at the session.
Further, we are excited to announce that we will be joining our partners at Sage Software as the entertainment sponsors for the show’s August 18th cocktail reception. Two comedians from our Search for the South’s Funniest Accountant will be performing. Be sure to attend this event for a good time and lots of laughs!
And don't forget to stop by our booth!
Stop by Booth 506! Let us know how you’re doing and “fish” for prizes in our legendary fishing pond. We’ll even supply the rod and bait! Make sure to say hello to Randi Bates. She does a great job with this event.
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DOD says:
8/17/2010
don't worry dan -- we won't bring any eggs -- just kidding. we know you are going to rock the house.
Greg Densure says:
8/14/2010
Thank goodness they aren't holding this thing down at the airpoart again. What was that all about? Much better location. We will be there
FF says:
8/13/2010
gotta love that fishing booth. I'll be there!
rm says:
8/13/2010
glad you're back dan
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Did you hear the one about the Funny Accountant?
8/6/2010
Did you hear the one about the Funny Accountant?
I sure hope so. We've been holding the Search for the South's Funniest Accountant for 6 successful years and we are back with a vengence striving for the best show ever and planning on raising over $20K for Junior Achievement of Georgia.
If you have any interest or know anyone who would be interested in trying out for the 2010 show, please let us know. This is a heck of a lot of fun for a great cause. Tommy Housworth will be back this year to train our comedians, and he is super.
Trying out is easy. All you need is a minute of material and the desire to work hard.
Those picked to particpate will perform at the CW Midtown’s Center Stage (formerly EarthLink Live) in Atlanta on November 4th. The event will benefit Junior Achievement of Georgia, which brings the real world to students, opening their minds to their potential by bridging the business and education communities.
Auditions will be held on Tuesday, September 14th. To audition, all you need is a one minute routine with original material or jokes from your favorite comedians. Just make sure your jokes are PG-13 since the performance will take place in front of professionals. Can’t make it to the auditions, but want a chance to participate? You can send audition tapes to Accountants One, Attn: Randi Bates at 1866 Independence Square, Atlanta, Georgia 30338 by September 10th.
Need a little more incentive to take the plunge and show the world how funny you really are? Well, the grand prize winner will receive an all-expense paid trip for two to Las Vegas, one of our nation’s comedy hot spots. Secondly, you’ll have the opportunity to show all of your associates, friends and family members that you are one big, bad joke telling machine (no matter what they think) as you bask in the glory of being named one of the South’s funniest financial professionals!
Auditions will be held at the Alliance Theatre, located at 1280 Peachtree Street on September 14th from 5 p.m.-8 p.m. If you would like to show off your comedic skills, please reserve an audition slot by contacting Randi Bates at randi@accountantsone.com or by phone at (770)267-4261 to schedule a time. For more information or to learn more go to www.accountantsarefunnytoo.com
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yardbird says:
8/14/2010
credits near the filing cabinet debits near the window
SA says:
8/13/2010
Nice to see you back!
I was so sorry to hear about the loss of your Dad. I only met him once at the comedy show, but what a great character, especially in the low-key world of accounting.