Human Resources Management
Scenario:You are the HR – Talent Vice President for an accounting firm that has just made an acquisition in the NY metro market. You now will have 4 offices in the area, One in NYC with 200 employees, Melville -Long Island, Paramus -N.J., and Stamford- Conn.
Each of the 3 satellites has 50-75 employees. 80% of your employee base are accountants. You need to hire 18 new accountants for next October to start. These are what are commonly referred to as first yr. associates as they usually are working in their first job after graduating college (but this is not a set -in stone rule). Half for NYC (9) and 3 for each satellite office.
They are all required to have 4 yr. degrees in Accounting plus a fifth year of finance as required for future CPA compliance.
The targeted starting salary is 64k plus 6k bonus the first yr. All benefits are standard/competitive to the industry. The business allows work at home 2 days a month during non-busy season (and during COVID 4 days a week with one day in the office).
You consider your firm a leader in the middle market right after the Big 4. You compete with Marcum, BDO, Mazar, Eisner/Amper, Reznick/Cohn, and Friedman for local talent.Please develop a strategic plan to recruit 18 Accountants for entry level roles.
You must have all hires made by May 1, 2020. You have a 20k budget and 1 regional recruiter and 1 administrative staff to support your hiring.Your plan must include:
1. Where will your firm recruit (provide details and #s)? Include, Web sites, in-person locals, and other possible locations? What types of costs may be incurred (list if free or Travel/Expense willbe involved)?
2. How will you market or solicit resumes (will you advertise, where, and what will it cost)?3. What are additional requirements you will set for this position (GPA, work experience, other, etc.)?
4. How many candidates do you think you will need to interview and why?
5. Provide 5 important interview questions that will be beneficial in determining KSA’s or fit.6. Who will do the interviewing, how many interviews and logistics (where,when,how)7. How will you decide on those to be offered a position?
8. How will you keep them engaged, or warm, from offer to start date?Make sure to include answers to each of the 8 elements required (number each answer).
