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FIRM PRACTICE MANAGEMENT




         ‘It’s about making sure that                               something firms don’t utilize,” said Chris Cicalese,
                                                                    CPA, associate partner at Alloy Silverstein. “A lot
                                                                    of firms might not be using technology to leverage
         everybody’s working smarter,                               their time in that way, and the technology itself
                                                                    has gotten really good.”
                                                                      The firm also hires per diem employees to
         not harder. There is a point                               help during busy season. The key is to choose the
                                                                    right work for the right contractors, Cicalese said.
         of diminishing returns. When                               Contractors who have previously worked for the
                                                                    firm may be able to work directly with clients,
                                                                    while others are better suited for simpler tasks.
         you’re asking somebody to                                  you’re giving them,” Cicalese said. Other firms are
                                                                      “You have to be strategic in the work that
                                                                    using offshore workers in similar ways, he said, but
         work 16 hours a day, things                                Alloy Silverstein has not made that leap yet.

                                                                    KEEPING STAFF ENGAGED
         tend to get sloppy.’                                       Despite efforts to reform, some firm leaders don’t

                                                                    think the busy season will be going away any-
                                                                    time soon.
         Erin Roche, CPA, CGMA, a tax planning and business strategy expert    Some see positives in business that they would
         and a shareholder at Elliott CPA Group                     like to keep. Roche believes that, when properly
                                                                    managed, the season’s urgency and excitement can
                                                                    result in more engaged and experienced employees.
                            So, instead of requiring every employee to work   She wants to continue to take on “interesting
                          long hours, Smith Adcock has created incentives   and complex work to give that good learning expe-
                          for those who can do so.                  rience to the team members — without going into
                            “We do a purely mathematical tax season   the mentality that we have to be at the beck and
                          bonus,” Chandler said.                    call of the client at any time of the day,” she said.
                            The firm sets 38 as the weekly minimum num-  Cox agrees. “I do think there’s a difference
                          ber of hours. Employees who work hours beyond   between having pressure and stress. I think high
                          that number are paid at their salary’s hourly rate   performers like pressure. You have to provide that
                          equivalent. They may accept the reward in cash or   opportunity for them to be challenged and driven,”
                          paid time off.                            she said.
                            “We expect the minimum, but we are reward-  Cicalese thinks that a busy season will still be
                          ing you with this bonus,” Chandler said. “That sort   required to serve many client bases. “Clearly, it’s
                          of puts it in the staff member’s control over how   working for some people, but I don’t think there’s
                          big a bonus that they want — which lets them   one formula that works for everyone,” he said.
                          take all of their life circumstances into account.”  Even firms that have made headway still see
                            Annual bonuses in this system range from   a long road ahead. Cox and other partners at
                          $3,000 to $15,000 or more, he said.       Saltmarsh are still working long hours themselves.
                            The system, which has been in place for many   But their busy-season reforms for lower-level
                          years, requires some oversight from management   employees have attracted a wave of young talent,
                          to ensure it’s not abused by people exaggerating   she said — and that will eventually benefit the
                          the number of hours they’ve worked, but Chandler   whole firm.
                          believes it has contributed to the firm’s “extremely   “Once we develop our people, there is a light at
                          low” turnover.                            the end of the tunnel, and I do see relief for us in
                            Other firms also have found ways to ease em-  the future,” she said.
                          ployees’ workloads. Alloy Silverstein Accountants   And when that relief arrives, it can be quite
                          and Advisors, a firm of about 40 people in New   sweet. After 23 years at Smith Adcock, Rodney
                          Jersey, has invested in basic automation to scan   Chandler recently worked his first tax season
                          forms and populate databases.             without a 70-hour week — a change he “kind of
                            “It sounds silly in 2022, but that’s still   liked, by the way,” he joked.  ■

         10    |   Journal of Accountancy                                                          October 2022
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