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Author: | Scott, R., Jr. |
Title: | Pay your staff for performance |
Journal: | Journal of Accountancy
2000 : DEC, VOL. 190:6, p. 63-70 |
Index terms: | MANAGEMENT PAY PROFIT |
Language: | eng |
Abstract: | "Mush, you husky", is meaningful encouragement to sled dogs, but the rest of us need something more. Ask managing partners which incentives best inspire strong staff performance and opinions range across the board. Some practitioners credit cash bonuses as motivators, and others cite the effectiveness of flexible work arrangements, lunchtime yoga classes and office concierges. Still, every CPA knows the bottomline profits of an accounting firm depend on staff productivity times adequate billing rates and hard-working staff members are the key. |
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