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FIRM PRACTICE MANAGEMENT




         Firms also are seeking help                                  While firms are adjusting their recruiting
                                                                    strategies, they can also consider ways to increase
         from their own staff to get                                the diversity of their pipeline. One idea is recruiting
                                                                    from different institutions than they normally do,
                                                                    such as minority-serving institutions (e.g., histori-
         new candidates in the door.                                cally Black colleges and universities), schools with
                                                                    large diverse populations, and community colleges.
                                                                    There is often untapped potential there that is
                                                                    worth their investment.
                                                                      Virtual recruiting is another strategy firms are
                            By focusing its recruiting efforts on the Uni-  using to reach more candidates.
                          versity of Tennessee, Knoxville, the firm has built   “Virtual works very well for some folks — or
                          up its reputation. The firm regularly participates in   it can have the opposite effect,” said Stacee Rash,
                          on-campus events and connects with professors. Its   CPA, a partner with Martin Starnes and Associ-
                          practice administrator has been building relation-  ates in Hickory, N.C. “There’s a lot of crickets
                          ships with schools for a decade, Parton said. As   sometimes. How do you connect with [candidates]
                          more students share positive experiences with the   through a screen?”
                          firm within their social networks, it becomes easier   The firm’s HR manager, Mia Snipes, has tried to
                          to find the next intern or hire.          counter Zoom fatigue by securing earlier spots in
                                                                    colleges’ recruitment windows, and she has included
                                                                    a video presentation in virtual meetings to “really
           AICPA RESOURCES                                          convey our best face to them,” she said.
                                                                      And the firm has made sure to stay in touch
           Articles                                                 with students and other prospective candidates
           “How Companies Are Responding to Rising Pressure on Wages and   as they develop. Each time the firm’s staff checks
           Benefits,” JofA, Dec. 21, 2021                           in with prospective candidates and students, they
           “Companies Embrace Unusual New Strategies to Survive a Labor Crunch,”   make sure to set a date for a future conversation.
           JofA, Nov. 10, 2021                                        “You have to remember, too, that students’ lives
                                                                    have changed dramatically [during the pandemic],
           “Finding the Best Talent Using Remote Interviews,” JofA, July 1, 2021
                                                                    and their families’ lives have changed,” Rash said.
           “Find Success With Virtual Campus Recruiting,” CPA Insider, April 19, 2021  For example, she said, a hiring manager might learn
           “How Hiring Practices Have Shifted as a Result of the Pandemic,” JofA, April 9,   that a student has canceled plans for grad school
           2021                                                     and now is available to hire.
           “Powerful Internship Programs for Smaller Firms,” JofA, Dec. 1, 2018  Some firms have found success with recruiters.
                                                                      “We’ve got two dedicated recruiters [on staff]
           Podcast episode                                          out in the marketplace. We brought on the second
           “Recruiting, Flexible Working, and Tax Season Issues for Small Firms,” JofA,   one literally within the past few months,” said
           March 15, 2022                                           Alexander, whose firm employs 230 people. “We
                                                                    feel like we need that level of effort.”



         IN BRIEF                           remote work options and hire remote   ■  Some firms are attempting to change
                                            staff from outside their local areas.   the mentality that accountants must
         ■   Accounting firms have embraced   ■   Some firms are increasing their   work extended hours, taking steps
          different strategies to recruit and   recruiting efforts on campus and   such as limiting the hours per week
          retain staff in the face of a tight labor   making internship and job offers to   staff can work during busy season.
          market.                           students earlier than they typically   ■   Firms are taking some of the pressure
         ■  Many firms offer flexible hours and   would.                      off staff by letting go of problem clients.


         To comment on this article or to suggest an idea for another article, contact Courtney Vien at Courtney.Vien@aicpa-cima.com or
         919-402-4125.


         8    |   Journal of Accountancy                                                             May 2022
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