{"id":125454,"date":"2024-05-30t11:56:10","date_gmt":"2024-05-30t15:56:10","guid":{"rendered":"\/\/www.g005e.com\/?p=125454"},"modified":"2024-08-29t23:53:09","modified_gmt":"2024-08-30t03:53:09","slug":"beware-the-work-life-workload-doom-spiral","status":"publish","type":"post","link":"\/\/www.g005e.com\/2024\/05\/30\/beware-the-work-life-workload-doom-spiral\/","title":{"rendered":"beware the work-life\/workload doom spiral"},"content":{"rendered":"

\"man<\/strong><\/p>\n

five strategies for keeping your firm out of it.<\/strong><\/p>\n

by 卡塔尔世界杯常规比赛时间 research<\/em><\/p>\n

is your firm in a doom spiral?<\/p>\n

more: <\/b>business model transformation: do it or die<\/a> | misperceptions, corrections, accountancy and lemonade<\/a> | whole person retention: when it\u2019s not just the money<\/a> | global trends show many dissatisfied cpas<\/a> | more big firms shut their doors to new college grads<\/a> | seven enticements to keep talent on board<\/a> | employee retention is easier than attraction<\/a> | let interns fix the staffing shortage?<\/a> | disruptors: talent crisis? what talent crisis?<\/a> | three ways to raise the bar for your business<\/a> | accountants\u2019 advice: be careful, quick, creative \u2026 and lean<\/a>
\n\"goprocpa.com\"exclusively for pro members. <\/span><\/strong>log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/h4>\n

 <\/p>\n

here\u2019s what it looks like:<\/p>\n

    \n
  1. a cpa quits or retires.<\/li>\n
  2. the firm can\u2019t attract a replacement.<\/li>\n
  3. the firmwide workload remains constant.<\/li>\n
  4. increased workloads get redistributed.<\/li>\n
  5. a cpa quits because of stress.<\/li>\n
  6. workloads increase again.<\/li>\n
  7. someone else quits. no one gets hired.<\/li>\n
  8. the firm turns away clients.<\/li>\n
  9. revenue drops. salaries stagnate.<\/li>\n
  10. uncompetitive salaries hinder hiring.<\/li>\n
  11. a cpa quits or retires.<\/li>\n
  12. repeat.<\/li>\n<\/ol>\n


    \nand so it goes, around and around, down and down.<\/p>\n

    this does not end well<\/strong><\/p>\n

    this cycle, all too common, does not end well. among management\u2019s many priorities \u2013 keeping up with technology, marketing the business, workflow efficiency, quality control \u2013 staying out of the doom spiral should rank high.<\/p>\n

    as fewer and fewer recent graduates opt for careers in accounting, recruitment gets more and more difficult. and retention of current professionals gets more and more important.<\/p>\n

    who wants to quit?<\/strong><\/p>\n

    but retention isn\u2019t getting any easier. according to a survey conducted by the pennsylvania institute of cpas, something like 14 percent of cpas have little or no desire to stay with their current firm. roughly one in five wouldn\u2019t mind ditching the accounting profession altogether.<\/p>\n

    and who wants to quit?<\/p>\n

    women<\/strong>, who make up slightly more than half of the profession, are more likely to leave because of work-life imbalance.<\/p>\n

    immigrants<\/strong>, half of whom say they would leave their jobs if another job accommodated their needs outside of work.<\/p>\n

    gen z<\/strong> (whippersnappers born between 1995 and 2004), who place greater importance on work-life balance than any previous generation.<\/p>\n

    here are some stats from the survey, answers to what would increase cpas\u2019 desire to stay with their firm or in the profession.<\/p>\n