Staff Retention: Attract and Keep the Best
People
Why do your best employees leave? Does it seem like you spend far too much
time recruiting? Do your people leave just as they become productive? If you
think your turnover is because the younger generations are different from
earlier generations, you probably are not looking at the real source of the
problem. We will review the facts and research about why people leave. Learn the
changes you should make now!
Topics Discussed
- The real costs of turnover
- Why do people leave?
- Definitive research
- The twelve factors that make employees happy
- Examples of great organizations
- Lifestyle issues
- Exit interviews and stay interviews
Objectives: To better understand what employees want and need in today’s
competitive environment.
Accounting for Equity Compensation Plans: Beware of the
Pitfalls
In today’s business world, there is a war for talent and organizations with
the best talent will win. We clearly need to motivate talented personnel. Equity
compensation plans are useful to retain, reward and recruit. The GAAP and tax
accounting for equity compensation plans is not static and decisions that you
make during plan set-up can have major consequences to your organization’s
bottom line and your management team’s personal tax situations. We will review
nuances and details that impact proper accounting. Whether you are the CFO or
CEO who has not been happy with prior equity compensation plans or the
accountant who performs the intricate analysis and detailed accounting for these
plans - this session will help you understand the issues and get it right the
first time.
Topics Discussed
- Why most equity compensation plans fail?
- Complexity of GAAP accounting for equity compensation plans
- Tax implications of equity compensation plans
- Who and how an equity compensation plan should be administered?
- Compliance issues to consider
- Recommendations to design a better equity
compensation plan
Objectives: Understanding the intricacies of designing an effective equity compensation plan, and
the complexity of GAAP accounting for equity compensation plans.
Inventory Accounting: GAAP, Software and Variance
Recognition
Proper inventory accounting is deceptively complicated. Do you have the
required accuracy? Do you desire to become more thorough in inventory
accounting, or need to refresh, or strengthen your inventory accounting skills?
This session will help you get there quickly! The session focuses on the crucial
components: GAAP inventory, inventory software, and methods for dealing with
variances.
Topics Discussed
- GAAP accounting for inventory
- Differences between GAAP versus cost accounting
- Breaking down all the costs in:
- Bill of Materials
- Labor
- Overhead
- Recognizing variances
Objectives: To better understand GAAP accounting
for inventory, and the many details that must be addressed for accurate inventory
accounting.
Awesome Business Lessons from the Past: Learn from the
Best!
Why not learn, or re-learn, some amazing business lessons from the past that
are still effective today? What did Henry Ford do when annual employee turnover
was 370% and workers demanded more pay? Sound familiar to today’s world? Ford’s
solution worked! We see today’s problems and believe that these problems have
never occurred before. Not true. We will discuss timeless business lessons that
are as practical today as when they were written decades ago. We will review;
‘How to Win Friends and Influence People,’ ‘Today and Tomorrow,’ and ‘The Art of
War.’ Let’s learn from the very best, as these lessons have been battle tested
and proven over time.
Topics Discussed
- The six methods to get others to like you
- How to learn what others want
- What are twelve ways to win others to your way of
thinking?
- How to destroy your enemies
- What are the fundamental principles of Henry Ford’s
success?
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Focus on technology, training and ‘Scientific Method’
- Value of training and education
- The need for fun
- What are the thirteen steps necessary to plan for
success?
- All plans must adjust to changing realities
- What are the traps to avoid?
- How to use these principles to move your organization
forward
Objectives: To learn valuable, time-tested management strategies proven
effective over many decades.