Author: Makosi

During Uncertain Market Conditions, Hedge Your Bets with On-Demand Workers

Hiring poses its fair share of challenges for public accounting’s HR departments, even during the best of times. Now, compound the usual frustration with a global pandemic, mandatory stay-at-home orders, and cross-industry disruption. Suddenly, the ability to predict workforce needs with any confidence isn’t a job skill you’d take for granted. It’s a superpower.  As the coronavirus continues to disrupt daily operations across the country, public accounting firms are staring down the barrel of just one more problem on an already long list. To hire or not to hire? Without the ability to make long term predictions about the state…

Diversity in Public Accounting: We’re Shaking Up Audit Firms Across the Country

Despite popular assumptions about the “face of finance,” inclusion practices and diversity in public accounting have become increasingly central to many firms’ core values. Firms that have committed to diversity are viewed more favorably in the consumer landscape. Plus, they also get the qualitative and quantitative in-office benefits of a diverse workforce.  However, even firms may encounter challenges when it comes to hiring a diverse workforce. Systemic inequality in the university and recruiting systems are top contributors. So how are firms overcoming these challenges? One first step is to outsource diversity to Makosi.  As you read on you’ll find:  A…

Why Technology Will Never Replace Skilled Audit Workers

Today’s public accounting firms need to be more agile than ever, scaling their work to meet clients’ demands at the drop of a hat. And, thanks to technology, they’re equipped to do so. Thanks to AI and machine learning auditing is entering a transformational era. But with this transformation comes concerns over the future role of skilled audit workers. As a tech-forward company, this is a controversial topic for us. After all, our work is twofold: to keep our clients at the forefront of the audit industry, and to support the development of audit professionals. When it comes to discussions…

What COVID-19 Has Revealed About the Real Flexibility of the Modern Workforce

Introduction Suppose a time traveler strode into your office in February 2020 and informed you that within 90 days (or less), the global workforce infrastructure would dramatically shift. Organizations across sectors and industries would encourage their employees to work from home. It would have seemed inconceivable. But that’s exactly what’s unfolding as policymakers and corporate leaders grapple with social safety measures in the wake of coronavirus. And things may never return to the way they were before.  It’s said that adversity doesn’t build character; it reveals it. Similarly, this global catastrophe has revealed the resilience, flexibility, and drive of the…

Mindset Over Skillset

Tapping Into Mindset Theory to Recruit and Retain Talent Introduction It’s easy to run through a checklist of degrees, proficiencies, and extracurriculars when looking for your next employee. But a summary of skills—like that provided by the traditional resume—will not tell you how a potential hire will handle a tight deadline, or communicate with their coworkers in stressful situations. It certainly can’t tell you about their passion or willingness to solve complex problems.  Between the digitization of data and the increasing prevalence of technology in the workplace, the skill sets required to stay competitive and high-performing are rapidly changing. Today’s…

The Benefits and Drawbacks of Workplace Age Diversity

How Focusing on One Generation Affords Makosi a Huge Opportunity Studies show that age diversity in the workplace offers companies a variety of advantages. As a result, 85% of professionals globally believe that an age-diverse team is more innovative, productive, and cost-effective. But with up to five generations of workers sharing a single workspace (from the Silent Generation to Generation Z), it can be difficult for employers to understand and support the career priorities of their entire workforce. For current generations entering the workforce, experience is everything. In fact, 9 in 10 workers would willingly take a pay cut if…

Makosi, A Company Dedicated to The Future of Public Accounting, Helps Clients Stay Ahead of Rapidly Changing Financial Landscapes with Revolutionary Talent Solutions

FOR IMMEDIATE RELEASE | April 21 2020 —Makosi, a technology backed talent platform, is doing more than matching candidates to jobs: they’re revolutionizing public accounting workforce strategy while providing a life-changing experience to their auditors and tax professionals. For too long, HR managers have been limited to two choices: hiring temporary staff or growing the company’s full-time employee base. The team behind Makosi believes there’s a better way. Their “third path” model creates a flexible talent pool that’s easily scalable and can reduce current recruitment cycles from a market average of 90 days to just a few hours.  “Utilizing technology,…

Looking at the Long-Term Costs of Audit Layoffs During COVID-19

Introduction We are living in a historic moment. The novel coronavirus and COVID-19 continue to impact societies and economies around the world. The pandemic is challenging the status quo, and forcing innovative action. We witnessed the signing of an unprecedented economic stimulus package in the United States. And we’ve watched unemployment levels skyrocket, despite attempts to limit layoffs during COVID-19. Across every sector and industry, business leaders face a difficult decision: where to cut costs. For many, the logical solution is reducing staff and limiting payroll expenses. But those who choose to layoff employees, particularly experienced auditors, will face more…

Purpose in the Modern Workplace

Why Today’s Leaders Are Investing in Meaning Introduction The average person will spend one-third of their life at work. That adds up to 90,000 hours or more over the course of a lifetime. And that number is only going up. In the information era, today’s workforce is always on. They’re connected to their work through an endless series of digital channels and devices. Considering this, it should come as no surprise that 9 in 10 workers would willingly take a pay cut if it meant engaging in more purposeful work. As such, companies must embed purpose in every aspect of…

The Hidden Costs of Traditional Staffing Solutions

And the unique benefits of strategic staffing solutions Anyone who has survived their first busy season knows that workflow in the financial sector exists in a constant state of flux. Each year, HR departments stare down the same problem: how to staff up for peak seasons without burning out full-time staff.  While supplemental and temporary employees provide a buffer for your full-time employees, it also takes time and resources to recruit, onboard, and manage them. In addition to being more expensive—many seasonal auditors can make 75% of their annual salary in just a few months—there are also less quantifiable costs…

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