CPA Practice Advisor

FEB 2015

Today's Technology for Tomorrow's Firm.

Issue link: https://cpapracticeadvisor.epubxp.com/i/460060

Contents of this Issue

Navigation

Page 6 of 35

February 2015 • www.CPAPracticeAdvisor.com 7 FEATURE T ax season is tough on everyone, but managers need to make a special efort to watch out for the well-being of their teams. It's critical to prevent burnout and disen- gagement from jeopardizing morale and productivity. Here are seven tips for managing employees — and keeping motiva- tion up — during this busy time. ‹ 1 › Ensure bench strength. Make sure you have t he r i g ht t a lent on b o a r d b e f o r e t h e storm hits. Creating a d y n a m i c m i x o f f u l l-t i me employe e s a nd h ig h l y skilled interim professionals enables y o u t o s t a f f u p o r d o w n b a s e d o n w o r k l o a d demands all year long, and the benef its are par ticu- larly evident at tax time. I n t h e p r o c e s s , y o u i nc r e a s e t he job s t a- b i l i t y a n d m o r a l e o f y o u r f u l l - t i m e employees. Work i ng with a fnancial stafng frm can take much of t he st ress aw ay f rom the process of recruiting a nd h i r i ng t hese rei n- forcements. ‹ 2 › Monitor workloads. Keep a close watch on how well your sta f f i ng st rateg y is work i ng. I f it appears employees are still str ug - gling with sizeable challenges, it can sig n i f ica nt ly ta x t hei r endura nce (pu n i ntende d). By c ont i nu a l l y monitoring workloads, you'll be able to s pot d rops i n ef f ic ienc y or a higher-than-average rate of error and take prompt action. ‹ 3 › Identify roadblocks. Tink back to your p r e v i o u s t a x season. Did you r team spend exces- sive time on veri- f ying the accuracy of late submis- sions from clients? Was there trouble a t de a d l i ne t i me b e c au s e a f e w returns that required follow-up had been forgoten? Did employee ill- nesses come at just the wrong time? Te list goes on. But the point is that avoiding past mistakes can be a motivator for your team, who won't need to wonder, "Didn't we just go through this issue last year?" ‹ 4 › Delegate efectively. Adding staf is not t he on l y w ay to succeed in moti- vating employees during tax season. As a manager, part of your respon- sibility is to delegate tasks in a way that best addresses the needs of your busy periods. A ssess the abi lities and experience of your staf mem- bers to determine the best candi- dates for tasks you feel are appro- pr iate for delegating. T hen ma ke sure the people you've identifed are able — a nd w i l l i ng — to absorb new work. A word of warning: Ta x season when t he work load is espec ia l ly heav y may not be the best time to test an employee's sk ills in a new area. ‹ 5 › Promote teamwork and collaboration. Employees' stress l e v e l w i l l b e r e d u c e d i f t h e y have a feeling that "we're all in this together." To pro- mote this k ind of team cohesion, establ ish per iod ic goa ls, such a s celebrating completing the frst 500 tax returns or reaching the half way point in the work cycle. G e t t i n g t h e t e a m's b u y - i n i s especially crucial when everyone is u nder i ntense pressu re, so ma ke sure all employees understand what t he g roup goa l s a re . E nc ou r a ge information sharing and be willing to step in and help out if the team is short-handed. ‹ 6 › Let staf know work-life balance is still an option. Yes, it's possible for accountants to have a l i fe out side t he of f ice du r i ng t a x season. Be sure they under- stand that the goal is not to w o r k t o t h e p o i n t o f burnout, which increases errors and jeopardizes customer satisfaction. E nc ou r age you r te a m to t a ke lunch outside the ofce and not to burn the midnight oil every evening or sacrifce entire weekends to work. To stem a high turnover rate among its young recruits and underscore the importance of balance, one CPA f i r m i n it iated m a nd ator y of f ice closings at 5:30 p.m. on Wednesdays and Fridays during tax season. ‹ 7 › Praise and reward. P u b l i c l y p r a i s e the team in com- pany newsleters, t h r o u g h e m a i l s a nd at meetings. A nd don't w a it to rew a rd your staf for their hard work . Employees who k now t hey sta nd to be r e w a r d e d f o r o u t - s t a nd i n g p e r f or - m a nc e approac h t h e i r j o b s w i t h g r e a t e r e n t h u - s i a s m a nd c r e - ativity. Paul McDonald is senior executive director with Robert Half, the world's frst and largest specialized stafng frm. Over the course of his 30-year career with the company, he has spoken extensively on employment and manage- ment issues based on his work with thousands of companies and job seekers.

Articles in this issue

Links on this page

Archives of this issue

view archives of CPA Practice Advisor - FEB 2015