Magellan Blog

How to Reduce Employee Turnover Amongst Your Construction Team

Turnover in the construction business can lead to project delays, scheduling nightmares, cost overages and in the worst cases, threats to workers’ health and safety. It’s expensive to hire replacement talent and ensure that employees are properly-fit tested and ready to take on their new positions. Research has repeatedly shown that new hires make the most on-the-job mistakes. One recent survey showed that up to 40 percent of construction workers were unhappy with their jobs due to factors ranging from pay rates, practice management and promotion prospects to hours and lack of opportunity to use their professional skills. Approximately one-third said they were [...]

How to Reduce Employee Turnover Amongst Your Construction Team2015-02-13T16:35:37-06:00

The Top Apps for Accountants

Are you familiar with the apps that you need most in your career as an accountant? Here’s a snapshot of six of the most popular options (click on any of the names to find out more information) available on your mobile device. powerOne Finance Pro Calculator Features include commonly used calculations including those for 401k plans, auto loans and leases, bonds, break evens, currency conversion and cash flow. In addition to a general business calculator, numerous other options also are included. Graphs help you visualize information if you’re calculating an amortization or loan. This can be very helpful when explaining related details to [...]

The Top Apps for Accountants2015-02-05T21:12:13-06:00

What You Can do as a Manager to Improve Your Finance Team’s Productivity

You can’t force productivity. You have to aid, inspire, nurture and support it – every day, all the time. You have the best intentions when it comes to motivating your finance team or revamping your less productive processes, but inevitably something gets in the way. It may be an unexpected resignation, customer demand or other unplanned emergent situation, or just the normal tick-tocking away of your day, so it’s over before you know it. How can you make your finance team more productive and keep this priority in the forefront? Encourage Cooperation Anything you can do to remind team members why their jobs [...]

What You Can do as a Manager to Improve Your Finance Team’s Productivity2015-01-30T15:48:15-06:00

How to Justify Your Value as a Financial Analyst

The Bureau of Labor Statistics estimates that the number of financial analysts in the U.S. will increase by 15.5 percent by 2020. At a median pay range of $78,380 and with superb perks in the forms of bonuses and other incentives, it’s a highly lucrative – albeit fiercely competitive –  career path. While working as a financial analyst requires constant preparation and hard work, it has the potential to deliver not just attractive monetary rewards, but also the genuine satisfaction that comes from being an integral part of the global business landscape. There are numerous steps you can take to groom yourself as [...]

How to Justify Your Value as a Financial Analyst2015-01-29T15:15:30-06:00

3 Ways You Can Rethink Managing Your Manufacturing Line

Today’s manufacturing managers need to reinvent an industry backed by more than a century of tradition. Especially since the global economy has recovered from its most recent recession, plant leaders need to be more creative than ever before in how they approach and relate to the factory floor. The Focus in on Profits. As you ask workers to meet output targets, open the books and show them how they contribute to company profits. Gear your communications and recognition efforts so that everyone gets a share in the fruits of a job well done. Launch a scaled-up rewards program. This means the benefits get [...]

3 Ways You Can Rethink Managing Your Manufacturing Line2015-01-12T17:04:45-06:00

How to Work Well With Your New Team as a Temporary Worker

From 2009 to 2012, the number of Americans working in temporary help services rose by nearly 30 percent – three times that of all private job sectors. This rate continues to rise as companies realize the benefits of a temporary workforce. These pluses include increased flexibility as employers gauge the economic recovery and acclimate to the provisions of the Affordable Care Act and other legislation. Temporary work is a great solution for employees, as well. As a temporary worker: You can achieve balance in your life. Control your schedule as you juggle work with other interests and concerns such as child care or [...]

How to Work Well With Your New Team as a Temporary Worker2015-01-06T21:49:15-06:00

What IT Candidates Should Feature on their LinkedIn Profile

Virtually all – 94 percent and growing, to be exact - recruiters use social media to find job candidates. And of all your online job search platforms, LinkedIn remains the prime venue for telling others who you are, how you can help them achieve success and why you deserve to be noticed. IT professionals above all others should be cognizant of their LinkedIn profile and its content – keeping it sharp, cutting edge and relevant so that your personal and professional brand immediately stands out from all the rest. Complete Your Profile Use your LinkedIn professionally to position yourself as a specialized IE [...]

What IT Candidates Should Feature on their LinkedIn Profile2015-01-06T21:36:27-06:00

3 Benefits of Pairing with a Specialized Staffing Agency

Up to 90 percent of companies rely on staffing agencies to help optimize the effectiveness of their hiring processes. When you partner with a specialized staffing firm, your investment will be realized many times over as they enable you to slot the best qualified candidates into the right jobs. Here are some reasons why pairing with a niche staffing firm can ensure that you stay on time, on budget and on point with your recruitment strategy: Cost Savings Successful recruitment takes a lot of time and resources – and it’s an ongoing priority. By working with a specialized staffing partner, you can turn [...]

3 Benefits of Pairing with a Specialized Staffing Agency2015-01-06T21:26:35-06:00

Transitioning Jobs? How to Leave Your Accounting Job Professionally

Has the time come for you to leave your job? It’s likely to happen as you grow in your career – generally after anywhere from two to six years in an accounting or finance position, especially during the early stages of your professional life. The class and grace that you display during your resignation will help ensure an easier transition and a smooth future working relationship with your boss and colleagues, as well as keep your hard-earned reputation intact. Work with a Recruiter As you pursue your next opportunity, partner with a recruiter who knows and specializes in the accounting industry. Recruiters are [...]

Transitioning Jobs? How to Leave Your Accounting Job Professionally2015-01-05T16:37:34-06:00

Are Your Finance Manager Salaries Competitive Enough to Attract Top Talent?

In order to succeed in today’s competitive business environment, companies worldwide depend on the talent and expertise of their finance managers. The salaries of these mission-critical experts vary by industry, company, location and experience. How can you ensure that the compensation you’re offering candidates will keep you in the lead for attracting top finance talent? Current Pay Scales Industry sources report pay scales for finance managers ranging from a national average of approximately $80,000 to more than $100,000. Philadelphia area compensation fits this national picture. US News & World Report sets the median pay for US finance managers at $109,740, with the lowest [...]

Are Your Finance Manager Salaries Competitive Enough to Attract Top Talent?2014-12-03T15:50:29-06:00