{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"How to Attract and Retain Top Talent w\/ Rhamy Alejeal","description":"Thank you for tuning in to another episode of Building the Premier Accounting Firm. Today, Roger Knecht and guest Rhamy Alejeal discuss the strategic importance of HR in accounting firms, focusing on how accounting professionals can leverage financial insights to optimize labor productivity and compensation strategies. Learn how to transform HR from an afterthought to a core component of business growth and talent retention. In This Episode: 00:00 Introduction to People Processes 03:42 Rethinking Labor Productivity 12:05 The Importance of HR Processes 20:38 Core Benefits vs. The \u2018Wow\u2019 Factor 26:08 Strategic Investment in Employee Benefits 32:20 Key HR Processes for Business Growth 39:59 Conclusion: Partnering for HR Success Key Takeaways: Quantify labor productivity by viewing payroll as an investment that generates returns, not just an expense, to better attract and retain talent. Evaluate compensation as a total package, including salaries, taxes, workers\u2019 comp, and benefits like sick leave and 401k matches, to measure overall investment against productivity. Prioritize top talent by designing HR processes that cater to exceptional employees, acknowledging their disproportionate contribution to organizational value. Implement structured HR processes for organizational design, job creation, recruiting, onboarding, performance management, and offboarding to enhance efficiency and reduce hiring-to-productivity time. Optimize benefits spending by allocating specific percentages to core, supplemental, and \u201cwow factor\u201d benefits to boost retention and recruitment, moving beyond average compensation. Featured Quotes: \u201cA dollar in benefits spend is worth about $1.70 in salary.\u201d \u2014 Rhamy Alejeal \u201cYou don\u2019t rise to your goals, you fall to the level of your standards, right? Your processes.\u201d \u2014 Rhamy Alejeal \u201cIf you can see that your hiring process is shorter and your retention is longer, then you\u2019re actually achieving what you\u2019re hoping to achieve.\u201d \u2014 Roger Knecht Conclusion: Thank you for joining us for another episode of Building the Premier Accounting Firm with Roger Knecht. For more information on how you can establish your own accounting firm and take control of your time and income, call 435-344-2060 or schedule an appointment to connect with Roger\u2019s team here. Sponsors: Universal Accounting Center Helping accounting professionals confidently and competently offer quality accounting services to get paid what they are worth.   Offers: Partner with People Processes: https:\/\/peopleprocesses.com\/partnerprogram\/ Special Offers for our Podcast Listeners, CLICK HERE to take advantage of them today! Remember this: Accounting Success IS Universal. Be sure to listen to our next episode and subscribe.   Also, let us know what you think of the podcast and please share any suggestions you may have.  We look forward to your input: Podcast Feedback   For more information on how you can apply these principles to start and build your bookkeeping, accounting, & tax business, please visit us at www.universalaccountingschool.com or call us at 801-265-3777.  And know that if it\u2019s about accounting, it\u2019s Universal. ","author_name":"Building the Premier Accounting Firm","author_url":"http:\/\/premieraccountingfirmuac.libsyn.com\/website","html":"