Gardner's Accounting and Finance Update
March 2009
Hi Everyone. To describe this market as 'unique' would be quite an understatement. It is certainly the farthest reaching and most invasive 'recession' most of us have seen in our careers. Because the market is filled with so many counter intuitive messages, it is difficult to make sense of what we are witnessing and experiencing.
A perfect case in point: The number of people registering for unemployment is higher than we have seen in years. On a daily basis, newspapers and media outlets across the country proclaim "layoffs, layoffs and more layoffs." One would intuitively expect that professionals at all levels of Accounting and Finance would be among the casualties because, after all, most organizations regard Accounting and Finance as G&A, or, simply put, 'overhead.' However, there is not a plethora of Accounting & Finance professionals out of work in New England. By and large, most A&F professionals are still employed and staying put. This is one of the many paradoxes of this strange market.
Gardner Resources Group, having been part of the recruiting landscape in New England for more than a decade, understands how difficult it is to navigate any job market, especially one that appears to have all the ingredients of a perfect storm. The waters are indeed choppy. If we can assist anyone you know by acting as a sounding board, assisting with a job search or simply giving helpful advice, feel free to pass along our contact information and we will do the best we can to help out during these tumultuous times.
Lastly, we have included a few brief profiles of some of our top talent. If you are looking to hire candidates and would like more information on these people or others we are representing, please don't hesitate to contact us at 781-444-8787. Gardner Resources' open jobs are posted on our website at www.grgc.com.
Gardner Resources wishes you and yours all the very best and a strong and swift recovery in the near future!
Article: How Safe is Your Money?
By Michael Cecere, CPA
Gray, Gray & Gray, LLP
With turmoil and uncertainty surrounding the financial markets, including bank takeovers and mergers, many people have a single overriding concern: How safe is my money?
The short answer is, "Pretty safe." The federal government's reaction to the current economic and financial crisis has been swift. The government has expanded and increased insurance coverage to help alleviate fears and preserve the nation's financial institutions.
This makes it unlikely that a collapse of the banking system will occur. Still, it is important that you understand what kind of insurance is protecting your money. More importantly, you need to realize that, despite federal and industry insurance programs, some of your funds may still be at risk.
Read more... |