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Jacobs & Company, LLP

2161 Palm Beach Lakes Boulevard, Suite #450

West Palm Beach, FL 33409

 

Phone: 561-615-8585

Fax:     561-615-8888

 

Website: www.jacobsandcompanyCPA.com

March 2022

March 2022 Client Profile

Client Profile

Barry is looking for creative solutions to recruit and retain employees. What are some helpful ideas?


The first step is to identify the real cause of your staffing shortage. Are you paying competitive salaries and providing reasonable pay increases? Is there too much time between promotions?


Once you have identified any blind spots, you can likely identify employees who are most likely to leave and intervene with a targeted retention campaign. New hires are likely to be attracted to your newly revamped benefits, too.


Some popular perks to consider include: additional paid vacation days, educational opportunities, alternative schedules that allow employees to work early or late shifts, or even four 10-hour days, which promotes work-life balance.


The pandemic brought to life a new popular benefit—remote work. Some employees may be more productive in their quiet home office, saving you office space costs. Some may appreciate a hybrid approach, working remotely certain days of the week. Your research with current employees will provide information to make informed decisions.


Client Profile is based on a hypothetical situation. The solutions discussed may or may not be appropriate for you.


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