RECRUITING high impact board members is a priority for 61 per cent of non-profit organisations in the US, according to a survey of more than 203 senior executives from such organisations
RECRUITING high impact board members is a priority for 61 per cent of non-profit organisations in the US, according to a survey of more than 203 senior executives from such organisations. Another 37 per cent said attracting and retaining skilled staff is a major obstacle to generating income, as are:
Expanding current donor bases 77%
Increasing donations from current donors 40%
Cultivating the right board culture 32%
The survey also found a majority of non-profit organisations are primarily focused on donors and fundraising, rather than basic operational improvements that might actually enhance their ability to generate funding.
Source: Accenture
Finance managers brave additional reporting
SEVENTY-FIVE per cent of Australian finance managers say their organisations’ staff turnover figures has not increased in the months since additional financial reporting requirements were introduced. According to the survey of 97 Australian finance managers, 53 per cent say financial reporting has challenged and enriched their development, while 69 per cent say their current role has changed to that of financial advisor, compared to 28 per cent who see themselves as ‘number crunchers’.
Source: Robert Half Finance & Accounting
Sick employees forced to work
THIRTY-ONE per cent of employees say they have been made to work through an illness, even when they’ve felt like dying. A survey found 14 per cent of staff claim they have been forced to attend medical appointments outside of working hours despite feeling extremely unwell on the job, while 55 per cent of workers say they’re suspicious that bosses make them feel like they’re faking it.
Source: Linkme.com.au
Small business dissatisfied with government efforts
MORE than half (55 per cent) of small businesses are dissatisfied with the State Government’s contribution to their sector. A further 46 per cent of small businesses feel that the Federal Government’s performance in contributing to small business is poor. On a more positive note, 73 per cent feel more confident about sales, marketing and customer relationships.
Source: MYOB
Accounting rules impact shareholder equity
NEW accounting rules proposed by the Financial Standards Accounting Board (FASB) are expected to cut shareholders’ equity of the Fortune 1000 by 10 per cent in the US. The new rules would require companies to include the funding status of pension plans on their balance sheets. An analysis of decreases since 2004 has shown the following industries are at risk of suffering decreases in shareholder equity:
Manufacturers of durable goods 25%
Communication and utilities 13%
Financial services firms 2%
Source: Watson Wyatt
Australian companies fail to meet needs
FORTY-FOUR per cent of employees believe that the companies they work for simply do not have a handle on which work processes and procedures are or are not working well. Astonishingly, of the organisations that are aware of problems, 34 per cent are simply not doing anything about it. According to the 591 respondents, 57 per cent of companies do not fairly reward good performance, nor address underperformance.
Source: Talent2
Aussie workers prefer work to come to them
A MASSIVE 90 per cent of Australian workers prefer to be headhunted rather than experiences the fear of rejection and fierce competition that comes with applying for advertised jobs. More than half (58 per cent) of the 470 respondents said they had never been headhunted, and have always responded to ads, despite hating it.
Source: Linkme.com.au
