Are you constantly asking your accounting staff to stay back or if they can just finish up this one last task? It happens and it’s OK, if this is a once in a while occurrence
Accounting work can be quite a time consuming, not to mention the attention to detail it requires. It can also get really stressful during busy times like tax season and end of the financial year. As a business owner, we are sure you do not get any pleasure from making your team work extra hours but many get into a situation where they’re understaffed or don’t have people with the right skills.
Extending working hours seems like the practical response when there’s just too much work but we need to ask ourselves if this tactic actually works. Are extended working hours actually doing what we believe it does — resulting in more and better output?
Problems related to extended working hours:
Staff turnover increases
This is pretty self-explanatory. A team member may really enjoy their job and like working for their manager but at the end of the day, they have to look out for themselves. And the easiest way out of a bad situation is to simply leave.
No matter how good the job or the money is, if you’re getting overworked you’re going to need a break. Many employees hesitate to ask for leave, especially during busy periods so instead they ‘call in sick’. Whatever the reason the conclusion is that they can’t and don’t want to be there.
A recent study of 65,000 U.S. employees has found that our productivity drops by 11 percent immediately after 8 hours of work, then keeps decreasing by as much as 19 percent for every hour we keep spending at our computers. In addition, when staff
Increased mental and health problems
One of the biggest problems of extended working hours is the amount of stress it creates. Whether you know it or not, staff take on this stress which leads to a plethora of health and mental problems. Below are just some of the most compelling statistics associated with being stressed when hours are extended:
The number of hours in a day are limited and are divided into personal time and work time. When working hours become extended it not only impacts the morale of the team but it actually takes away their personal time. Maintaining a healthy
A solution to extended hours
No accounting practice owner wants to be the bad guy and ask his team to stay back. However, there are a number of ways to
To know more about outsourcing and how it can better team morale and stop you from extending working hours call us on 0870-803-1033 or email firstname.lastname@example.org
My name is Vishal Kurani, the author of the QXAS blog and I appreciate you stopping by! I help accountants gain Accounts Outsourcing knowledge through my easy to follow blogs and guides. Download my free guide "The Accountants Guide to Making Payroll Profitable" to learn how to make payroll profitable for your accountancy practice.