Corporate Tax Hiring Trends With Tax Reform

For those of us who experienced the impact of the last major tax reform under President Ronald Reagan, I have a prescient message for you “ there will be a lot of new opportunity for tax professionals.” During the TRA 1986  there was a surge of hiring in corporate tax organizations as company executives scrambled to figure out the impact of tax reform legislation on their businesses. Behind  the scenes, we see companies already scrambling to get ahead of the changes about to appear with tax reform. The surge in new jobs and opportunities President Trump talks about is real and it is about to impact the corporate tax profession. The number of tax search experts at the top of our profession who were around at that time you can count on one hand and we all know what is about to happen with tax reform from our previous experiences. There are no computer bots ready to figure out the tax impact for companies as it takes pure human intelligence to research the impact on every tax organization.

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Kat Jennings

This is your last chance to sign up for the Corporate Tax Department Compensation. We thank you for coming to TaxConnections for accurate corporate tax compensation information. Allow me to tell you more about who we are and how we access this valuable compensation information for you. Prior to founding TaxConnections (a tax media network for tax professionals), we were internationally recognized for our ability to find tax professionals around the world for clients.

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Kat Jennings

Thank you for coming to TaxConnections for accurate corporate tax compensation information. Allow me to tell you more about who we are and how we access this valuable compensation information for you. Prior to founding TaxConnections (a tax media network for tax professionals), we were internationally recognized for our ability to find tax professionals around the world for clients.

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While working with a client recently, I invited them to join me in looking at my private desktop computer screen at all of the candidates that had been contacted on the search. I wanted them to see all of the research we conducted for them and the list of Tax Manager candidates we contacted for this particular role. It is an extraordinary body of work by our team. It brought back memories of the McKinsey Study in 1997 on the War For Talent.

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Strategies that motivate management to listen to the Tax Department is what we will address in this week’s post. Although there are dozens of topics I could address,  this post will address a couple of challenges faced by most anyone leading a tax organization when it comes to compensating your tax team.  This post will also provide solutions; these are solutions intended to make your job leading a tax organization easier. Although I know better than to put “ Head of Tax” and “Easy” in the same line, leading a tax organization is one of the toughest jobs out there today. Read More