How Firms Deal with Staff Scarcity

Source: Accounting Office Management & Administration Report

Here are some strategies used by firms to attract and retain staff:  

• More technology such as paperless offices and Citrix

• Flexible work policies

• Faster promotions

• Employees given opportunity to work in all areas of the firm

• Laptops for all staff

• Offsite access to network so staff can work from home

• Window offices for all staff

• Better communication

• More time off

• Four-day work week off-season

• Counseling

• More recognition

• Bonuses

• More continuing education

• More parties and events

• Free lunches during tax season, and breakfasts and lunches on Saturdays

• Annual retreat for the entire firm

• Massages

• ESOPs

• Continually upgrading equipment

• Career counseling and mentoring programs

• Free parking

• Bringing more staff into the management process

For the complete article, see Accounting Office Management & Administration Report, February 2005, p. 1.