Retention Strategies

Mar 28 2024

Tell Your Story

2024-03-28T14:48:13-05:00March 28th, 2024|Diversity & Inclusion, HR/Organizational Development, Inspired Ideas Blog, Next Generation, Recruiting, Retention Strategies|

I knew very little about the accounting profession or CPAs before joining the ConvergenceCoaching® team and I didn’t even know that my family had a history with the profession. Me, the family member who researches the family tree! Sure, I knew my grandma was “good at numbers” and my grandpa worked “in accounting” for Northern [...]

Sep 27 2023

10 Steps to Ensure Your Salaries Are Competitive

2023-09-27T15:11:13-05:00September 27th, 2023|HR/Organizational Development, Inspired Ideas, Inspired Ideas Blog, Recruiting, Retention Strategies|

Compensation is a critical component of attracting, motivating, and retaining your team members. It’s not the only component (and sneak peek – #7 below encourages you to address those other components with your team members). However, when compensation isn’t at the level expected by recruits or existing team members, it can reduce the attractiveness of [...]

May 11 2023

An FAQ for Firing Clients on National Fire Some Clients Day™

2023-05-17T09:52:19-05:00May 11th, 2023|Inspired Ideas Blog, Leadership, Retention Strategies|

By now, I hope you've heard that we've declared the first Friday after May 15th and October 15th each year to each be National Fire Some Clients Day. We truly believe that firing clients can be both an immediate, emergency measure to make breathing room for both leadership and team members in your firm and it can [...]

Oct 5 2022

An FAQ for Firing Clients On October 21st

2023-03-30T08:23:32-05:00October 5th, 2022|Governance/Decision Making, Inspired Ideas Blog, Leadership, Next Generation, Retention Strategies|

By now, I hope you've heard that we've declared October 21st National Fire Some Clients Day. We truly believe that firing clients is an immediate, emergency measure to make breathing room for both leadership and team members in your firm. Firing clients symbolizes your firm's commitment to right-sizing your capacity going into the Spring busy [...]

Sep 21 2022

Curbing the Cost of Talent Turnover

2022-09-21T08:57:15-05:00September 21st, 2022|Inspired Ideas Blog, Leadership, Next Generation, Retention Strategies|

Call it the Great Resignation or Big Quit … the fact is talent turnover is happening and it is costly. Leaders cannot blame this attrition on economic and demographic conditions alone. Instead, complacency of firm leadership also feeds this costly loss of talent. But you can take steps to minimize the costs and challenges that [...]

Sep 2 2022

Overcome the Top 6 Excuses for Not Firing Crummy Clients

2022-09-02T10:45:45-05:00September 2nd, 2022|Client Retention, Inspired Ideas Blog, Leadership, Retention Strategies|

We are in the midst of the “Great Resignation,” an inflationary period, changing and increasingly complex regulations and standards, coming off of a pandemic that literally rocked our world, and experiencing the highest volume of work most firms have ever seen. To compound this, we are seeing declining accounting undergraduate and Master’s degrees, lower college [...]

May 4 2022

Don't Be the Borg: Onboarding is NOT an Assimilation

2022-05-04T14:23:29-05:00May 4th, 2022|Inspired Ideas Blog, Leadership, Recruiting, Retention Strategies|

“We are the Borg. Lower your shields and surrender your ships. We will add your biological and technological distinctiveness to our own. Your culture will adapt to service us. Resistance is futile.” -The Borg, Star Trek Sounds eerily like some kind of red-flag, hazardous onboarding speech, doesn’t it? Onboarding a new team member is often [...]

Go to Top