While every demographic of Finance and Accounting talent provides valuable skills to companies in the industry, no two have a bigger impact than Baby Boomers and Millennials. In their own way, each is shaping the environment and altering hiring and retention rates drastically. In order to avoid any information loss or decrease in output between these generations, hiring managers must understand the changes each group is bringing to the Finance and Accounting field.
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Locating and successfully hiring a top Finance and Accounting candidate is cause for celebration. It’s difficult to find great talent, and once they are aboard your team it can be satisfying knowing your critical open position has been filled. But will that top candidate last long? Studies show that one-third of new hires will quit within the first six months of a new role. Losing a candidate during the interview process is one thing, but losing employees months after they start is another issue to address. Companies are having trouble with employee retention for several reasons and are losing top Finance and Accounting talent at alarming rates.
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The 2018 Finance and Accounting Salary GuideGet the most up-to-date Finance and Accounting compensation figures.
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