What You Ought to Know About Employees Selling Work Passwords under $1,000

Corporate security is threatened with the alarming news that one in five employees would sell their work passwords for less than $1000. Some would even give up their corporate access credentials for less than $100 or equivalent to just the price of a dinner, according to a report by SailPoint—an identity and security management company. ... Read more

The Price of (Not) Providing Employee Training

“Training is not a cost. It’s an investment.”

Research shows that 40% of employees who receive poor training leave their jobs within the first year. The lack of skills training and development are their primary reasons for moving on.

Losing staff is costly

Every year, an average turnover rate of 18% costs organisations with 100 employees around $1 million according to Insync Survey.

Every time a business replaces a salaried role, it costs the company 75% of annual salary for recruitment, selection, induction and training.

To stop the waves of departures from your company, stop looking at training as a cost. It is an investment for your company to grow.

$1 million

Invest, empower and grow

At The Outsourced Accountant, we value our team members as much as we value our clients. We empower our employees because we know it means empowering our business.

On 10 June 2016, TOA team members joined together for a friendly team building competition to promote a seamless and effective work environment.

Showing off team colours — red, pink, yellow, purple, and green — all five teams were challenged with unique events that tested the best of the best in the areas of collaboration; creativity; communication; performance; and sportsmanship.

As a final celebration, the winning team was awarded and the whole TOA team gathered together to capture the memorable event — the Team Building 2016 carrying the hashtag #TOAtogether.

Watch the video below and witness the fun!

Do you share the same value? Outsource with Us! 

To know more about outsourcing, call us at 1300 896 522/0800 452 853, and download our e-book.

7 Qualities of a Good Accountant — that you want to practice

An accountant’s work is often thought of as extremely precise and requires a certain level of level-headedness. They have a detailed-oriented environment where small mistakes can have a huge impact on the business—on how accounting books will look like, how decisions will be made, and the overall financial health of the company. To stay on ... Read more

Find, Nurture, and Keep: 5 Employee Retention Strategies that Work

It’s the staff that adds value. This is true for almost all companies, especially in the accounting and finance industry. Employees can make a great difference between profit and loss. But, no matter how carefully you choose, hire and train the best people, it’s inevitable that your employees will leave. But, there are helpful ways ... Read more