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FASB sparks debate with proposed expense rule Members of The Financial Accounting Standards Board recently discussed the challenges and benefits of a proposed accounting rule that would require companies to break out expenses in their financial statements. While some say the new standard will help investors and analysts connect the dots between income statements and cash flows, others say the standards won’t be an easy adjustment. Read more in CFO Dive.
Our CEO Kate Duchene shares her thoughts on the latest #JobsReport released October 6th Job gains surpassed expectations by nearly twofold as employers added 336,000 jobs in September – the largest gain since January. The labor market has shown continuous resilience, yet it remains imbalanced.
Creating a Cohesive Team for Corporate Transformation Projects Our CEO Kate Duchene and business strategy expert Antonio Nieto-Rodriguez co-authored an article in Harvard Business Review about the latest shift in workforce strategies. What we've seen through our research indicates organizations will increasingly lean on a 50-50 split of inside and outside talent to power their transformation initiatives. Read more about how this highly flexible workforce model embraced by Hollywood for decades is now starting to emerge in other industries.
RGP Study Finds Financial Services Firms Are Challenged With Managing Data-Intensive Projects “More financial services leaders are navigating talent shortages and their own skill gaps, by matching critical needs with experienced outside talent.” – Senior VP of Revenue Irene Hendrick Financial services firms are finding it difficult to manage initiatives that are integral to their success – only 15% say all their critical projects since 2020 have achieved or exceeded goals. Read more about how the rapid pace of change in financial services has created a greater need for surge staffing, and how this new workforce blend requires openness, agility, collaboration, and digitization.
How to Avoid the Churn That Comes with Agility Agility and the ability to pivot in the face of change are key skills for leaders to have in today’s environment. To avoid churn, organizations should set and communicate an overarching goal that doesn't change, while understanding and allowing that how teams achieve that goal may change as needed. Read more in Harvard Business Review.
More Than Half of US Workers Considering Post-Retirement Employment More than half of US workers are considering post-retirement employment according to a new report by Empower. The biggest motivators for those open to work after retirement are personal fulfillment, a sense of purpose and potential financial needs. Read more in Staffing Industry Analysts.
Explore this great Harvard Business Review article, co-authored by our CEO, Kate Duchene. The article cites new RGP research that confirmed leading companies will increasingly lean on a combination of about 50% inside talent and 50% outside talent to power their transformation initiatives. The full findings from the survey of more than 1,000 global companies will be released later this year.
How the Top Financial Services Firms Are Unlocking Mission-Critical Project Success Nearly three-quarters of financial services executives surveyed by RGP said a lack of capable talent in key project roles made it more difficult to successfully deliver important strategic initiatives. “Many firms are navigating talent shortages and their own skill gaps by matching critical needs with experienced outside talent," says Irene Hendrick, RGP Vice President, Revenue. Learn more about our research and how financial services firms are navigating the challenges:
Are you a data-driven audit professional ready to shape the future of financial services? RGP Search is thrilled to partner with a distinguished financial services client on a transformative journey within their audit team.
In honor of Hispanic Heritage Month, RGP is pleased to partner with ALPFA (Association of Latino Professionals for America), offering our employees additional development and mentoring support, along with the opportunity to share more about their exciting careers at RGP. We are committed to creating a welcoming environment that empowers and supports our Hispanic and Latinx workforce. We hope you will join us in supporting and celebrating the community this month and throughout the year.
