Resilience During the Tax Season

April 7

Resilience during tax season

Do you know what a typical tax season 60+ hour work week is doing to your staff?

Burning them out; now, and for months to come.

It’s that time of year again when accountants and bookkeepers seem to be working around the clock. Tax season. And although the season arrives with little surprise, every year is often the same as the last with too much work and too little time to do it in. Because there’s one thing that is unavoidable during tax season, and that’s the looming and immovable tax deadline.

From January to April every year, accounting professionals deal with stress and long hours and, because of all that, often eat poorly and exercise less. Many tell themselves that it “comes with the territory” and just hope to “get through it and live to tell the tale.”

But, in a profession where the need for accuracy and precision is critical, lack of sleep, stress and a steady diet of fast food and coffee are not necessarily the best combinations.

If this scenario describes your employees during seasonal challenges, what do you do to solve the problem? The solution is not accepting the status quo and likely subsequent staff burnout, and implementing positive measures to help employees not only survive the busy season, but thrive.

One of Toronto’s top Chartered Accounting firms, SBLR, recently worked with Thorpe Benefits to design a wellness strategy that promotes resiliency and wellbeing during this challenging time of year. Their strategy is important to the mental and physical wellbeing of their employees and did not take an extensive organizational overhaul. Most importantly, it put employees’ wellbeing first.

One of the great aspects of implementing a wellness program is that they can be tailored to meet the unique needs of each company and its employees. What works for an accounting firm may differ for a manufacturing company. Some companies choose to go all in and invest heavily in unique wellness perks while others choose smaller scale offerings of only what they deem essential elements.

What’s important is that by implementing a wellness program, you’re recognizing that employee wellness plays a vital role in the workplace. Sixty-hour work weeks may be a necessary evil for accountants during tax season, but employee burn out need not be.

If you are also in the accounting field or other professional services firms facing seasonal challenges, please contact us. Our team of industry experts would be pleased to work with you to create a wellness strategy that best fits the needs of your employees and your organization.

 

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