To attract top talent, managers need to know what makes candidates walk away. The Salary Guide reveals the top five deal-breakers for finance and accounting professionals:
Vague job responsibilities (40%)
High staff turnover (36%)
No salary range provided in job description (36%)
Requirement to work fully on-site (35%)
Mismatched job title for experience level (33%)
Clear, honest communication is fundamental when hiring. To avoid losing great finance and accounting candidates, companies need to be specific about job duties, transparent about company culture and upfront with salary information.
Artificial intelligence (AI) in particular is transforming finance and accounting, creating new demands for data and tech-savvy professionals. Companies are actively seeking data scientists, engineers and analysts who can wrangle complex financial information using AI tools.
The emergence of AI means professionals at all levels will need to adapt. Visionary and innovative companies are:
Rolling out ongoing learning programs
Providing focused AI training
Emphasizing ethical AI use and result verification