Staffing

Pay transparency has been gaining momentum and is considered a step towards pay equity and reducing gender and racial pay gaps.

According to the Federal Reserve Bank of New York, the average reservation wage is up from about $72,900 a year ago.

A global accounting industry survey of more than 6,000 accountants and auditors conducted earlier this year revealed the No. 1 challenge respondents currently face is attracting and retaining skilled talent.

The agency has increased its full-time staff to nearly 90,000, a level not seen in more than 10 years, Commissioner Danny Werfel said.

Professionals on the Move is a round-up of recent promotions and staffing announcements around the profession.

With small steps in every company size or budget, we can create a better workplace environment that promotes trust, respect, understanding, empathy, collaboration and prosperity.

Building an inclusive workplace helps to create a more cohesive and productive team, establish and maintain high morale, and sets up the firm for long-term growth and success.

Connecting with students before they reach college is just one of the many ways accounting firms will have to revitalize their recruiting approach.