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Recruiting Best Practices for Small Business

  
  
  

While Recruiting for Small Firms is geared towards accounting firms, it shares some recruiting best practices that would benefit many small businesses:

  • Articulate your firm's unique differentiator.
  • Conduct a firm needs assessment.
  • Have a strong college and university presence.
  • Develop a formal internship program.
  • Create a prospecting list database.
  • Look for nontraditional ways to find experienced recruits.

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2012 IRS Pension Plan Limits

401(k) Deferral Limit - $17,000

Annual Additions Limit - $50,000

Maximum Compensation Limit - $250,000

Catch-Up Contribution Limit - $5,500

Highly Compensated Employee - $115,000

ESOP 5-Year Distribution Threshold - $1,015,000

ESOP Additional Year Threshold - $200,000

2012 Pension Plan Limits

1989 - 2012 Plan Limits