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- W255367057 abstract "Today's CPAs come from very diverse backgrounds and have very different expectations from the employees of a generation past. Students and new hires in the accounting profession have made it very clear they value balance in their lives--and workplace flexibility is a necessary component. Workplace flexibility, once considered a female issue, may have been only the canary in the coal mine in the past. But in today's world, the desire to find a work/life balance is gender-neutral and actually may be a generational theme. In a 2002 Catalyst study of men and women aged 25 to 35, 37% of respondents said they used flexible arrival and departure times and an additional 46% said they wanted this option; 6% worked a compressed workweek and 67% said they wanted to do the same; 17% telecommuted and 67% hoped they could; 4% worked reduced hours, 36% said they wished for the same option; and 4% had had a leave of absence, which another 43% wanted. Smart organizations and associations are addressing the needs and expectations of employees and implementing flexible work arrangements. In May 2003 the first Work/ Life Conference held by the AICPA, the American Woman's Society of CPAs (AWSCPA) and the American Society of Women Accountants (ASWA) brought together a diverse group of accounting professionals to discuss flexibility in the workplace. They discovered that work/life programs and policies were not luxuries. Deloitte & Touche conducted a study of why women were leaving and found it was to go to more flexible firms--unfortunately for Deloitte & Touche, they took their training with them. It's generally agreed that it costs 150% of a person's salary to replace a good employee. Employee dissatisfaction has a negative impact on a firm's bottom line. In 1999 workplace stress cost American business $3 billion, and that figure continues to rise. Kathy Lingle of the Alliance for Work/ Life Progress says, Researchers have found that people who have little control of their work life have a 70% higher risk of dying from heart disease than those who can decide what they will do and when. Studies show that as employee satisfaction and loyalty increase, so do service quality and value. Customers and clients react favorably to employees who are satisfied. Even more telling is that 73% of Fortune magazine's 100 Best Companies to Work For had higher-than-average return on investment. A recent study by Sears found that a 5% increase in employee satisfaction led to a 12% increase in sales. …" @default.
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- W255367057 date "2005-09-01" @default.
- W255367057 modified "2023-09-26" @default.
- W255367057 title "Not Your Father's CPA Firm! Mary Kay Humfeld Talks about a New Employment Model" @default.
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