More than 300,000 accountants and auditors in the U.S. quit their jobs between 2019 and 2021. While some accountants are quitting due to factors outside of firm leaders’ control, such as changes in the market, others are quitting due to burnout, little opportunity for growth, and the threat of new technologies such as generative AI. […]
Among all the challenges today’s accounting firms face, burnout is perhaps the most alarming. A recent survey revealed that 99% of accountants and financial professionals are experiencing some level of burnout. This can lead to increased mistakes on the job. Because burnout is measured by factors that include an emotional detachment from work and a […]
Strategies to manage work-life balance and burnout are becoming increasingly important for accounting firms. Between the significant shortage of accountants, new tax and regulatory changes, and higher demand, it’s no wonder accountants are burning out at rapid rates and leaving firms understaffed. Nearly 80% of finance accounting managers are worried about retaining high-value CPAs or […]
Strategic workforce planning leads to better business, HR, and talent outcomes – but only if your workforce adopts the planning tools that make those outcomes possible. User acceptance is a key metric measuring adoption. Once you’ve figured out the technical (e.g., features, functions), cost, and compliance complexities of implementing new workforce management software, clients are […]
Keep reading to learn more about strategies for fighting burnout and the potential benefits of coAmplifi, a powerful tool that aids in team organization and communication. Understanding Burnout and Its Effects Burnout is a state of chronic physical and emotional exhaustion resulting from prolonged exposure to stressors in the workplace. It can manifest as feelings […]
Digital collaboration tools include a wide range of technology. Video conferencing, instant messaging, and project management solutions contribute to productivity. A workforce management system is a single software platform that combines these key workforce functionalities. Many companies have deployed workforce management systems to support team collaboration, hoping that everyone will find it easy to meet, […]
Even if you follow a time management system, you won’t be successful at achieving your goals if interruptions, distractions, and non-priority tasks derail you. Spending time on things that aren’t a priority is one of the biggest obstacles to successful time management. If you always feel busy but aren’t getting a sense of achievement, you’re […]
According to a Timeview survey, 88 percent of people don’t use a dedicated time management system at work but “make do with a calendar, their email inbox, a to-do list or work it out as they go along.” The same survey found that over 90 percent thought better time management would reduce their workplace stress. […]
“The purpose of an employee management system is to help improve workforce productivity, identify ways to engage and retain talent and alleviate administrative burdens for HR professionals. Achieving greater efficiency through the use of technology can also help control costs and minimize compliance risks,” according to payroll services provider ADP. Accurate Time and Attendance Tracking […]
This is where all-in-one workforce management software like coAmplifi comes into play, offering a comprehensive solution for organizations to streamline their operations working in blended remote, hybrid, and onsite work arrangements. The Future of Work in an Ever-Changing Work Environment We’re now living in the work-from-anywhere era where many team members want to avoid being […]
People are one of the most important resources for any business, no matter what industry. Workforce management, which refers to the strategic use of a company’s workforce, focuses on optimizing an organization’s most treasured resource – its workforce – in support of performance excellence. Goals of Workforce Management Workforce management refers to the strategic use […]
Gartner defines this management style as “a pattern of manager behavior marked by excessive supervision and control of employees’ work and processes, as well as a limited delegation of tasks or decisions to staff.” Are Details Important? Micromanagers prefer to focus on details instead of the big picture, asking for excessive documentation on processes and […]
