Stop Overthinking Every Little Decision and Start Leading Better

March 29th, 2016

Holding a management position is a huge responsibility. The decisions you make impact your entire team and the company as a whole. It’s only natural to feel a bit apprehensive when making decisions of a huge magnitude, but if you constantly second-guess every single move you make, it’s time to put a little more trust in yourself.

Your team looks to you for guidance, but it’s hard to set a strong example for them when you’re always unsure of your own choices. Constant wavering doesn’t make you seem more responsible, it just gives the impression that you don’t know what you’re doing. Learn how to make a decision and stick to it.

5 Ways to Stop Overthinking Every Little Decision

Use these five approaches to stop second-guessing yourself and start leading your team to success.

Set a Time Limit.

Force yourself to stop overanalyzing by setting a time limit for each decision and when the designated time is up, force yourself to make a final judgment. This way, you avoid making rash decisions, but you don’t allow yourself to spend too much time mulling over each situation.

Make It Okay to Be Wrong.

No one makes the right judgement call every time. Accept the fact that sometimes your decision is going to produce great results and other times it will prove to be the wrong move. You’re only human and you’re going to make mistakes no matter how long you spend pondering each move.

Remember That Most Decisions Can Be Reversed.

Jobs in the financial industry do not involve making life or death decisions. Some choices certainly carry much more weight than others, but it’s important to remember that most can be overturned, if necessary. Focus on taking each decision seriously, without seeing the consequences in a purely black or white manner.

Dig Deep to Understand Why You Overthink.

Think long and hard about what it is that causes you to be so overly cautious about each decision you make. It could be self-doubt, a need for perfection, anxiety, or any number of deeply rooted reasons. When you identify the cause, you can understand what’s driving this behavior, which will allow you to better control it.

Employ Distraction Techniques.

Come up with a few distraction techniques you can put into action when you realize you’re overthinking something. This can be anything from heading outside for a walk to occupying yourself with busy work, as long as it refocuses your energy on something positive.

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Are You Taking Compliments Well? Or Overreacting About Someone’s Praises?

February 4th, 2016

If you’re like most people, you work hard each day because you want to be good at your job — not because you’re waiting for someone to compliment your efforts. However, it’s always great to be called out when you’ve exceeded expectations or simply excel in a certain area.

Receiving praise from others is an immediate ego boost. It makes you feel special and provides you with the self-assurance of knowing that other people think you’re talented. While you should definitely feel proud of these kind remarks, it’s also important not to let them go to your head. Don’t let another person’s applauses make you lose sight of who you are and what you want from your career.

How to Gracefully Accept a Compliment

Use these four tips to respond in an elegant manner when someone sings your praises:

Show Gratitude

When someone pays you a compliment, “thank you” is the first thing you should say. This is a simple way to show your sincere appreciation for the kind words. People are never obliged to give you praise, so you should always appreciate it — no matter how accomplished you are.

Take Responsibility

Playing down an achievement and pretending it’s nothing is a common response to praise. If you’re guilty of this, it’s time to stop this reaction immediately! You’re a talented person who should never sell yourself short. Also, rejecting the compliment is insulting to the giver and makes them feel uncomfortable.

Acknowledge Your Team

If your team played a role in the accolades you received, be sure to recognize their efforts. You don’t want to be known as the person who does some of the work and takes all of the credit. Plus, sharing the praise with others makes you appear humble and shows how much you respect your colleagues.

Send the Right Nonverbal Cues

The body language you display when receiving a compliment can send an even stronger message than your words, so be cognizant of that. When thanking someone for their flattering remarks, look them directly in the eyes, uncross your arms and smile. This lets them know that you’re truly grateful for the kind words and really value their opinion.

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Have you Considered using Temporary Workers This Upcoming First Quarter?

December 28th, 2015

The holiday season is officially in full swing, meaning it’s just about time to welcome 2016. Now is the time to start planning for the new year, to ensure it’s the best your company has had yet. Hiring temporary workers can help you get off to a strong start, as you need to be fully staffed to reach your potential. You might be surprised at the amazing success your organization can achieve when all the right people are in all the right places.

3 Reasons to Hire Temporary Workers During the First Quarter

Learn three advantages you’ll enjoy by starting the year with temporary staffers:

Set the Stage for Successful Year

The first few months of 2016 will set the pace for the entire year. Get your company off to a great start by taking on temporary workers to help achieve those lofty goals you set. It’s beyond discouraging for your hardworking staff to realize by February that their best efforts will never be enough to get the company to the next level. Starting the year strong will build momentum and get everyone inspired to work their hardest.

Take Your Time with Hiring Decisions

January and February are traditionally two very popular hiring months, but rushing into such important decisions can be detrimental to your company. Hire temporary workers to fill positions in the interim, so you can take your time finding the best possible candidates. This is also a great way to test out any new positions you were thinking of adding, to ensure there is enough of a need to hire someone on a permanent, full-time basis.

Ease the Tax Season Rush

If your company is highly impacted by tax season, you’re well aware that it kicks into high gear at the end of January. Help reduce the stress of the busiest time of year by hiring temporary employees to take on some of the workload. This will allow your company to assist more clients and provide better service, while your staff enjoys a better work/life balance. Your office environment will be much more pleasant when everyone isn’t exhausted from putting in seriously long hours.

Partner with Accountingpros Recruiting + Staffing to hire the right person for the job every time. All of our temporary/contract and direct-hire candidates are subject to an extensive background screening, ensuring you’ll get only the highest quality employees for your team.

3 Ways to Explain to a Hiring Manager You’ve Been Fired in the Past

June 6th, 2014

No one likes to get fired. Not only does it leave you without a job, it’s also a huge bruise to your ego. However, it’s important not to let the incident define your career history.

If you think getting fired will ruin your chances of finding a great new job in the future, you are sorely mistaken. In fact, it’s a much bigger deal to you than to most hiring managers. Even the highest-performing employees can’t be a good fit for every company. It’s best to volunteer the information yourself, be honest about what happened, and quickly transition to the next topic of conversation.

3 Ways to Explain You’ve Been Fired in the Past
Dreading your upcoming job interview because you don’t want to tell the hiring manager you’ve been fired in the past? Stop worrying and use one of the following three techniques to explain what happened:

  1. Briefly Explain the Situation: Employers don’t expect you to tell a long-drawn-out story about why you were fired. Summarizing what happened in a few brief sentences is all you need to do. Never say anything negative about your former employer and always tell the truth about what happened, as you don’t want to get caught in a lie down the road.
  2. Position it as a Learning Experience: Explain what you learned from the experience and why a repeat occurrence will never happen again. For example, if you got fired because you couldn’t keep up with the heavy workload, emphasize that you learned the importance of asking for help when you’ve taken on more than you can handle.
  3. Explain the Job was a Bad Fit: If you were fired because you just didn’t have what it takes to excel in the position, explain that the job was a bad fit. For example, if you were fired from a job as a collections clerk because you were uncomfortable tracking down customers and asking them to settle their debt, be honest about that.

Need a little help finding your next position? Contact the experienced recruiters at Accountingpros Recruiting + Staffing. We offer a full suite of recruiting and staffing services, including temporary/contract, temp-to-hire, and direct-hire candidates.

 

Building Workplace Relationships When Employed as a Temporary Employee

May 16th, 2014

Feeling like a bit of an outsider at the office? As a temporary employee, it’s easy to feel like you’re on your own in the office ─ especially when surrounded by permanent employees.

Building relationships at a new company can be a challenge for anyone. However, as a temporary employee this process is often more difficult as people know you’re probably only going to be in the office for a short period of time. It doesn’t have to stay this way though ─ with a little extra effort you can use this time to make a lasting impression and greatly expand your network.

4 to Build Workplace Relationships

Whether you’re hoping to impress your employer into offering you a full-time position, make connections that could help you down the road, or simply want to feel like part of the team, you should always strive to build relationships with your colleagues. Get started by following these four tips:

  1. Be Friendly: Take the initiative to introduce yourself to your co-workers and learn what everyone’s role is on the team. If co-workers invite you out to lunch or to happy hours after work, be sure to take them up on the offer. Spending a little time with your colleagues outside the office is a great way to get to know them.
  2. Blend into the Culture: While you want to find a way to stand out, failing to conform to the company culture isn’t the impression you want to make. Observe the behaviors of your co-workers and do your best to mimic them ─ including everything from how they dress to their work ethic.

  3. Act like a Team Player: Earn respect by making yourself a part of the team. Attend staff meetings, contribute valuable ideas to group discussions, and volunteer to help out if someone needs assistance with a heavy workload. Before long your colleagues may even forget you’re not a permanent member of the team.

  4. Exceed Expectations: People want to be around those who inspire them, so work hard to exceed expectations each day. A strong work ethic is always appreciated, so you’re sure to catch the attention of many people in the company if you continuously submit excellent work.

 

Looking for a challenging new position? Contact Accountingpros Recruiting + Staffing. We are the leaders at matching specialized accounting talent with top local companies, offering temporary/contract, temp-to-hire, and direct-hire opportunities.

4 Tips on Making a Great First Impression

May 9th, 2014

Congratulations! After going through rounds of interviews, the company has decided you’re the best person for the job. Starting a brand new position is exciting, but can also be very nerve-wracking, as you want to fit in with your new peers. It’s important to work hard to display your very best self from the start, to ensure you make a great first impression.

Feeling a little nervous about your first day at your new job? Follow these four tips to make it a success:

  1. Dress to Impress: Whether you like it or not, people make judgments about you according to how you present yourself. Try to remember how most people were dressed when you came in the office to interview for the job ─ then step it up a notch. Plan your outfit the night before, so you’re not left to frantically scramble for something clean and ironed on the big morning.
  2. Arrive Early: You never want to be late for your first day of work, so allow plenty of time to get there. For example, if you think your commute should take 30 minutes, allow yourself an hour. Having a little extra time allows you to relax and focus on the events of the day, instead of becoming stressed if you incur unexpected delays.

  3. Ask Questions: On your first day of work, no one expects you to sit down and know exactly what you’re doing. The more questions you ask, the more engaged and excited you appear to be part of the team. In the beginning, no question is too small or too inane, so ask away now and avoid enduring future confusion because you didn’t question something you were unsure about in the beginning.

  4. Take Notes: The first few weeks on the job are always a lot to take in. When you’re learning so much valuable new information, it’s only natural that you’re going to forget a great deal of it. Taking notes during training allows you to have something to refer to, so you don’t always have to ask your co-workers for reminders.

 

If you’re ready to take the new step in your career, contact the expert Spokane-focused accounting recruiters at Accountingpros Recruiting + Staffing. Gain access to professional accounting job opportunities and job search resources!

Tax Break Saves Wealthiest Americans $100 Billion

February 21st, 2014

Some of America’s wealthiest residents have managed to find a loophole that has saved them millions ─ and in some cases even billions in estate tax payments.

In an attempt to curb U.S. economic inequality, billionaires are required by federal law to pay estate or gift taxes of 40 percent on funds left to their children. For example, 80-year-old billionaire Sheldon Adelson, has legally navigated his way out of paying about $2.8 billion in gift taxes since 2010, by moving the roughly $7.8 billion he’s given to his children in and out of more than 30 trusts.

Adelson is not alone in this tactic. SEC filings reveal that hundreds of major executives have utilized these tax shelters. In fact, Bloomberg reported that Richard Covey, the lawyer who discovered the loophole, estimates his discovery may have cost the federal government more than $100 billion since 2000. This represents approximately one-third of all estate and gift taxes the U.S. has collected in the past 14 years since then.

Is the Estate Tax System Voluntary?
It seems the estate and gift tax has become an optional fee for those impacted by it. The popular tax shelter, called the Walton grantor retained annuity trust or GRAT, makes it easy for the wealthiest people in the country to avoid the tax.

The practice discovered by Covey is one of a few methods that work together to make this tax essentially voluntary.

While meager efforts have been underway by President Obama and other Democratic lawmakers to mend the loophole since 2009, no real progress has been made.

In fact, there’s even a strong argument to do away with the tax all together.

GRATs a Common Estate Planning Practice
GRATs have become a common estate planning practice for America’s wealthiest citizens. JPMorgan Chase & Co. even has a special unit dedicated to processing GRAT paperwork.

Bloomberg reported that both Facebook CEO Mark Zuckerberg has set up a GRAT. Lloyd Blankfien, head of Goldman Sachs Group Inc., has also done so.

It seems unlikely that the GRAT loophole is going away anytime soon. In each of his annual budget plans, President Obama has included a proposal to limit the GRAT practice, but hasn’t made it a pressing issue.

Both the House and the Senate have committees working on comprehensive tax overhaul bills, yet neither has plans to address estate or gift taxes.

Campaign donations is largely believed to be a main reason the issue isn’t pushed. Wealthy donors don’t want the loophole to be eliminated and politicians want to please them.

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