A little help from outside

Article Abstract:

Horwath Sideny, an accountancy firm, is to appoint an external managing director to implement the company's medium-term growth plan.

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A caring Big Five try to keep staff by preserving their sanity

Article Abstract:

In the Big Five accounting sector, companies are focusing more on employee retention than employee recruitment. Consultants often quit because of stress and lack of work-home life balance. To retain and motivate employees, employers have created technological "solution centers" nearer their homes, increased employee-management feedback and flexible hours, formed a network of people to take care of home repairs while employees are at work, and developed exercise opportunities. As a result, at Andersen Consulting, the firm now loses about 14-15% of consultants annually, down from 17.5% in 1998.

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Pruning partners helps practice to blossom

Article Abstract:

The Melbourne accounting firm McDonald Carter was able to downsize operations by retiring some partners without affecting business operations. By the end of 2000, the firm will have reduced its partners by three. The firm, which is growing at 12-15% a year, expects to earn fees of $3.1 million by year-end 2000.

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