“The war for talent is over, and the talent won.”
In this episode of The Accounting Talent Podcast, host Rob Brown speaks with Jeff Phillips, CEO of Padgett Business Services and co-founder of Accountingfly, about “talent stacks” for accounting firms. A talent stack creatively combines various types of talent to deliver value efficiently and reliably.
The discussion centers on the current talent crisis in accounting, with more job openings than qualified candidates. Jeff explains that traditional hiring methods are outdated and advocates for creative staffing solutions like remote hiring, freelancers, and outsourcing.
Jeff highlights remote hiring benefits, such as cost savings, quicker hiring processes, and a broader talent pool, citing data from Accountingfly. He also emphasizes the importance of freelance and interim talent to handle specific projects or busy periods without full-time commitments.
Furthermore, Jeff explores outsourcing and offshoring to countries like India, the Philippines, and Mexico to access skilled, affordable talent.
Listen to this episode on Embracing the New Talent Stack
Key Takeaways:
- The talent crisis in accounting necessitates creative staffing solutions.
- Building a “talent stack” with remote hires, freelancers, and outsourced teams enhances value delivery.
- Remote hiring offers faster hiring, broader talent access, and cost savings.
- Freelance and interim talent help meet project-specific needs without long-term commitments.
- Outsourcing to countries like India, the Philippines, and Mexico provides skilled talent at lower costs.
“If you’re not addressing freelance and interim as part of your recruitment strategy, you can’t win the race for talent because you’re leaving candidates an opportunity on the table.”
Watch this episode on their YouTube Channel.
To view more hiring trends in accounting, check out this month’s Hiring Update.
