EditorialsBy Matt Bud, Chairman, The FENG

A cut in pay

From our daily member newsletter on May 2, 2017

Probably one of the most upsetting and disappointing aspects of searching for a new job when you are “well experienced” is the need to consider positions for which the compensation is considerably less than your last job. I suppose it is part of our mind set as accountants that we tend to view our gradual increases in pay over the years as hard won. I guess that’s because they probably were. The prospect of losing ground from the heights we have obtained is, at best, difficult to face. I can tell you from my personal experience that early on in my search in 1991 I passed on several reasonable opportunities because they were slightly below my former salary. If only [ Read more… ]

Miles of bad advice

From our daily member newsletter on April 2, 2017

If there is any one thing that is consistent among senior executives who are in the job market for the first time in many years, it is their inability to distinguish between good and bad advice. The simple story is that if you hear it from me, Doug Fine or Bruce Lynn it is good advice. If you hear it from someone else, please exercise a little common sense. (Just kidding. I would ask you to apply common sense to the things we suggest as well. They may not be right for you.) Stop me if I am wrong, but none of you were born yesterday. To become a member of our little circle of friends you generally have to [ Read more… ]

The fine line

From our daily member newsletter on February 6, 2017

To call or not to call, that is the question. To write or not to write, that is the question. When is enough, enough? (Or perhaps you should just show up in person and demand to see someone?) At what point do you move from showing your persistence and tenacity to just being a pest? Well, the truth is, I don’t know. I do operate on the principle that if you don’t ask, you don’t get. It comes from my many years as Chief Financial Officer of an Advertising Agency trying to collect bills from our clients. How often I heard the story: “I was just about to put your check in the mail.” Oh sure, now that I called. [ Read more… ]

Coziness is a state of mind

From our daily member newsletter on January 10, 2017

I suppose that at times being a member of the runaway train we call The FENG would appear not to lend itself to a whole lot of warm fuzzies. Ah, if only we could return to those halcyon days when there were only 50 of us and on a good day 15 of us would gather around that small table in the Westport library and discuss jobs we heard about. Friends, although this sounds good, I don’t want to go back. (Besides, we can’t.) Sure we are a whole lot bigger these days, but like love, sharing the warmth of our friendships with more and more people is INCREASING the warm fuzzies, not the reverse. Back in those DARK days [ Read more… ]

Conflicting advice

From our daily member newsletter on January 9, 2017

Wouldn’t it be nice if every time you asked a question, you got the same answer? Unfortunately it seems that every time you ask a question, sometimes even of the same person, you get different answers. Perhaps this is good. It gives you the chance, as an adult, to make your own decisions and choices. I know there are those of you out there who prefer certainty. This is part of the reason we went into Accounting. (Ah, the symmetry of it all.) But, the truth in this world is that everything in this world is someone’s OPINION. (What’s your opinion? Wrong!) When you had to ask for directions (back in the old days prior to GPS), you hoped that [ Read more… ]

OUR SPONSORS:

cfo