OUTLOOK & ANALYSIS

Beware the Work-Life/Workload Doom Spiral

man on spiral staircase

Five strategies for keeping your firm out of it.

By CPA Trendlines Research

Is your firm in a doom spiral?

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Here’s what it looks like:

  1. A CPA quits or retires.
  2. The firm can’t attract a replacement.
  3. The firmwide workload remains constant.
  4. Increased workloads get redistributed.
  5. A CPA quits because of stress.
  6. Workloads increase again.
  7. Someone else quits. No one gets hired.
  8. The firm turns away clients.
  9. Revenue drops. Salaries stagnate.
  10. Uncompetitive salaries hinder hiring.
  11. A CPA quits or retires.
  12. Repeat.