Does Your Company Culture Say What You Want About Your Company? Time to Evaluate.

Company culture impacts employee engagement, retention rates, profitability and more. Culture also helps determine whether a job candidate will be a good fit with your organization. Learning to identify and describe your company culture will help you decide whether it needs modification and how to implement change.

Identify Your Company Culture

Begin by identifying your company culture. For instance, ask your employees to rate your culture through small-group interviews. Ask questions such as, “What would you tell a friend about your organization if they were about to start working here?”, “What is the one thing you would most like to change about this organization?”, or “Who is especially respected around here and why?” Also, ask your employees to complete surveys. You may purchase surveys with questions that have been proven reliable and validated or create your own. The results will guide you on what to do more or less of and what to stop or start doing. Further, objectively watch your employees interact. How do they engage and resolve conflicts? How do senior leaders interact with middle managers and employees? How do middle managers interact with employees? And, watch your employees’ emotions to determine their values. Are your employees engaged, interactive, excited, happy and friendly at work?

Describe Your Type of Culture 

You may find that your culture is best described as hierarchy, market, or adhocracy. In a hierarchy, the culture is a traditional top-down organization with several layers of management between leadership and employees. Employees at all levels have clear lines of decision making, authority, rules, procedures, and accountability that typically lead to streamlined production. In a market culture, the focus is on the company’s external environment over internal environment. For example, every position may be directly tied to customer support or profitability. In an adhocracy, culture is defined by assumptions that innovative initiatives lead to success. The focus is on developing new products/services. The culture emphasizes individuality, risk taking, and wearing multiple hats.

Modify Your Company Culture

See how your culture fits with the culture you want and modify accordingly. For instance, to create a hierarchy culture, hire more project managers and managers to implement processes and procedures for employees to follow. To create a market culture, consider adding financial incentives tied to customer satisfaction, consistency, product development or profitability. To create an adhocracy, adopt values of creativity and entrepreneurship.

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Technology: Use These Tech Tools to Minimize the Time Spent on Mundane Tasks

No matter your industry or size of your company, technology plays a large role in daily operations. Choosing the right technology for your needs can streamline processes and increase productivity. Consider taking advantage of these tech tools to handle mundane tasks.

Social Media Tools

Use social media tools such as Hootsuite, Buffer, or CoSchedule to interact with employees, job candidates, and customers. For instance, create a platform for scheduling, monitoring, and responding to social conversations. Also, immediately address customer questions and concerns to resolve issues and build brand loyalty. Plus, receive analytics to assist with creating your short- and long-term social strategy for growth.

Email Marketing

Use email marketing platforms like MailChimp, Constant Contact, or ActiveCampaign to personalize your process for moving prospects through your customer funnel. For instance, implement a platform to directly connect with customers and track campaign performance. Also, integrate your platform with third-party services to increase your effectiveness.

Workflow Automation

Implement workflow automation tools such as OnTask, Integrify, or monday.com to streamline operational tasks. For instance, workflow software can increase productivity, speed up processes, and improve accuracy on procedures such as contract management, vendor communication, recruiting, onboarding, and processing invoices. Also, workflow automation supports your ability to grow and scale your business. After you implement flexible internal processes, employees at all levels can use the procedures in any department.

Internal Communication Tools

Take advantage of internal communication tools like GChat, Microsoft’s Teams, or Slack. For instance, many email providers or software companies offer tools for answering quick questions, participating in group chats, sharing documents, or making calls through the internet. Many of these tools are successfully used at companies of all sizes, industries, and employee demographics.

Internet of Things

Incorporate the Internet of Things (IoT) into daily tasks. For instance, involve a voice-activated intelligent work assistant in preparing a conference room, beginning and ending a meeting, and a seemingly endless variety of other skills. Also, use sensor performance and other monitoring technology to control utility costs, track inventory and other assets, and improve processes.

Artificial Intelligence  

Make artificial intelligence a part of your business processes. Gain insight into customer purchasing behavior by collecting data and determining usual patterns and trends to more effectively market your products/services. For instance, use social media behavior and app location to share ads relevant to your local customers in real time.

Blockchain

Add blockchain technology to your business processes. Blockchain is an open access shared ledger that records transactions between parties and allows users to agree on its contents. New information is added in blocks, creating a chain. Because the ledger is verified by miners, it ensures accuracy and creates an audit trail. Past records can be viewed but not altered without the majority’s consent. Because blockchain is an excellent accounting tool, accountants spend less time on bookkeeping, reconciliations, and other mundane tasks and more time on interpreting the information and making decisions.

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Are You Taking Too Long to Contact Potential Candidates? Are They Losing Interest?

If you have a slow hiring process, top candidates most likely will lose interest in working for you. Candidates who move fast want to work in a fast-paced culture where quick decisions are made. Keeping job vacancies harms production, revenue, and employee morale. As a result, you want to speed up your hiring process to bring aboard the most in-demand talent.

Common Reasons for Delayed Hiring

Your hiring process may be delayed for various reasons. For instance, there may be more job openings than candidates to fill them, especially when labor markets tighten. Or, candidates’ resumes may remain untouched in a hiring manager’s inbox. Additionally, hiring managers may be unclear on what they need in a candidate until they see it.

Why Delayed Hiring Hurts Your Business

Delayed hiring hurts your business for multiple reasons. For instance, you will lose the majority of top candidates in the late stages of your recruitment process because they typically will have multiple offers and will be more inclined to accept one. You will have to hire a lower-quality candidate at a potentially higher salary to fill the role. Also, the longer you keep a role vacant, the more productivity and revenue you lose. Further, a company image of being slow at making hiring decisions implies that making other business decisions will be slow, as well. Strong contributors will not want to work for your company.

Steps to Speed Up the Hiring Process

Fortunately, there are steps you can take to speed up the hiring process. For instance, benchmark your hiring efficiency according to where your jobs are located, your company’s size, level of the position, the measure of local talent supply and demand, and other pertinent variables. Because some roles will be harder than others, put time-to-fill in the right context. If a more-thorough hiring process for a specific role will result in a higher-quality hire, accept the longer timeframe. Also, engage in workforce planning. Allocate recruiting resources in line with your business needs so that hiring managers can see where and when demand will be greatest, and plan accordingly. Additionally, keep your pipeline active so you have available candidates when a position opens. Use candidate relationship management (CRM) tools to keep track of interested candidates. Further, keep your scheduled interview times as much as possible. Set a plan for interview guides, assessment criteria, and how feedback gets submitted to whom. More structure leads to a better candidate experience and better hire.

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7 Podcasts That Will Help You Land a Job

Have you been listening to podcasts to help land your next job? You can learn cover letter and resume tips, networking tricks, interview secrets, personal branding ideas and more. Take advantage of these podcasts to move closer to getting the role you want.

1. CareerCloud Radio

Do you want to brush up on the fundamentals of getting a job? Then subscribe to CareerCloud Radio. Gain insight into what to include on your resume, how to answer interview questions; how to negotiate salary; and other nuts and bolts of the job search. Guests include resume writers, career coaches, recruiters and job seekers. Be sure you listen to “Great Resumes and Good Advice.”

2. Career Relaunch

Are you transitioning to a new career? Gain the inspiration, help and motivation you need to get through up and down times during your transition. Host Joseph Liu, a career change and personal branding strategist, interviews professionals from all backgrounds who successfully transitioned between dramatically different roles. Don’t miss the episode “Making Your Next Career Move with Khai Yong.”

3. The Pitch

Similar to the TV show “Shark Tank,” The Pitch lets entrepreneurs share their ideas and potentially negotiate funding. Hear intriguing business ideas and learn how to sell someone on yours. A must-listen-to episode is “Shift.”

4. Manager Tools

Are you climbing the corporate ladder? Then subscribe to Manager Tools. Whether working toward your first management role or continuing to move up in the ranks, learn about performance reviews, coaching, office etiquette, delegation and other skills. Definitely catch “The Bridge Between Feedback and Coaching.”

 5. Sleep With Me

Do you need a good night’s sleep before an interview? The host rambles on about stories that grab your interest in the beginning but become drawn out until you fall asleep from boredom. Remember to listen to “Club Senseless.”

6. How Did You Get Into That

Do you need help mapping your career plan? Host Grant Baldwin interviews professionals with unique jobs to gain insight into how they got into them. Listen to fan favorite “How to Become a LEGO Master Builder with Chris Steininger.”

7. Side Hustle School

Whether you want to keep your side gig where it is or turn it into a full-time venture, learn the basics behind increasing your cash flow with a side gig. Host Chris Guillebeau interviews inventors, artists and entrepreneurs to see how they came up with their idea, overcame challenges, and received impressive results. Don’t miss the episode “Where to Find Hustle Ideas.”

Find Accounting or Finance Work in Chicago

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7 Steps to Keeping Your Remote Workers Engaged

If your company employs remote workers, you face unique challenges keeping them engaged with the rest of the team. Fortunately, many of the motivational methods used in the office also can be used with remote workers.

1. Provide a Communication Platform

Because remote workers need to be included in team projects and company news, provide a platform for effective communication. When employees remain informed about company issues, they remember they are part of a larger organization and play a vital role in its success. Remote employees also feel like valued members of the business when their colleagues and manager regularly keep in contact with them.

2. Recognize Results

Since remote workers are often more productive than office workers, provide recognition for their accomplishments. Ensure the recognition is highly visible to co-workers, so they know the contributions being made on a regular basis. The company website and online collaboration tools make recognizing remote workers simple.

3. Clarify goals

By clarifying goals, remote workers know what your expectations are and whether they are being met. Provide remote workers with clear direction on company objectives and paths for reaching them. Give regular feedback on progress, so remote workers can resolve issues, remain on task and improve performance.

4. Emphasize Production

As long as deadlines are being met, focus more on what remote workers are producing than when it is being produced. Since remote workers know how to organize their time for maximum results, it is more important they understand workflows and keep up accordingly. Benchmarking success based on results builds both trust and long-term employee happiness.

5. Get to Know Remote Workers

Show a personal interest in your remote workers. For example, meet with them individually to learn about their family, friends, hobbies and other interests. Also, find out what their career goals are, what fuels their passion and how you can help them succeed. On a regular basis, offer words of congratulations or support as their circumstances change.

6. Schedule Regular Check-Ins

Establish a regular check-in system with remote workers. Keep in mind potential differences in work schedules, personalities and time zones. Discuss times when remote workers generally can answer phone calls, emails and other messages, so you can touch base. Talk about their successes, obstacles, issues and concerns each week. Provide the resources and support necessary for your remote workers to succeed. If possible, have them come to the office at least once a quarter to participate in meetings, spend time with colleagues, and increase camaraderie.

7. Invest in Professional Development

Provide remote workers with ongoing professional development opportunities. Encourage them to enhance their skill set and reach career goals. Remote workers can participate in webinars, seminars, conferences and trade shows. They gain insight into the industry, stay current on developments and trends, and become even more valued members of your organization.

Find Engaged Staff Through Casey Accounting and Finance Resources

Find engaged staff members by partnering with Casey Accounting and Finance Resources, a leader in Chicago employment!

 

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Strong Economy, Robust Hiring, and 8 Staffing Trends!

As recruiting for talented staff becomes more difficult, Casey Accounting & Finance Resources is experiencing record levels of placements for accounting and finance talent.  Our secret to success?  Dedicated recruiters with an average of over 10 years recruiting accounting & finance talent.

As the demand for increasing workforces continues, Staffing Industry Analyst has identified eight trends affecting staffing including the following:

  • The global economy is doing OK
  • Technology/automation
  • Skills shortages
  • Legislation
  • Gig economy
  • Public perception
  • Procurement sophistication
  • Rise of Asia

For additional information on these 8 trends, please click here: Read More

 

6 Tips to Prevent Yourself from Being Burned Out

Career burnouts can be caused by multiple triggers. A heavy workload, lack of control and an adverse work environment may be factors in feeling burned out. Rather than letting them overwhelm you, take action to maintain your work-life balance.

1. Learn to Say No

Do you say “no” to requests that do not fit your job description or schedule? You cannot spend your time responding to others’ needs while not filling your own. Avoid taking on tasks that you need to stay late for or that are not part of your work responsibilities. Take on tasks that interest you and can be adequately planned for during the workday.

2.Compare Your Regular Tasks and Job Description

Are you taking on more work than you should be? Make a list of your regular tasks, then compare it to your job description. If you discover you are taking on responsibilities beyond what you should be assigned, bring the discrepancy to your manager’s attention. You may be able to shift some of your workload to colleagues and free up time for other tasks.

3. Cultivate Workplace Relationships

Are you developing friendships with co-workers? Sharing thoughts and experiences makes people feel validated and supported. You can discuss positive events in your life, ask for help during challenging times, and return the favor as needed. Surrounding yourself with positive people will keep you focused, energized and progressing in your career.

4. Take Time Off

Do you frequently take time off? Even if you cannot spend two weeks on vacation, you could plan a long weekend for rest and rejuvenation. Regularly taking three- and four-day weekends is more effective than taking several weeks off a few times a year. To further reduce your feeling of burnout, limit your use of digital devices after work hours. When you get home, either put your smartphone away or turn it off so you do not check email or text messages. Whatever needs doing can wait until tomorrow.

5. Change Work Area

Can you change the area where you perform your work? Perhaps you can move your desk to another part of your office or work in another department. You could talk with your manager about working remotely one day per week. Changing your scenery can stimulate your mind and encourage you to continue performing your tasks.

6. Meditate

Have you tried mediation? The centuries-old practice has been proven to reduce anxiety, depression, and other symptoms of burnout. Meditation develops an awareness of present-moment experience with a compassionate, non-judgmental approach and can improve your focus. Typically, meditating for as little as 10 minutes a day can rewire your brain to relax and be more productive.

Change Your Accounting or Finance Role

When it comes time to change your accounting or finance role, reach out to Casey Accounting and Finance Resources, a leading staffing agency in Chicago!

 

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