Finding the balance for mid-sized firms
April 10, 2015

In today's modern workplace, there are more options for how business can be conducted than strictly the traditional fashion. There are various firms across the country that are doing away with many traditional practices but remain steadfast to the core values of accounting. A current trend that is emerging on a global scale is telecommuting. While this practice is not necessarily new, it is taking on different shapes and prevalence in the world of business. Firms of all sizes are taking a look at the benefits and possibilities of telecommuting and determining whether it's a viable option.

The desire for telecommuting
Working from home, or from other locations, has quite a few benefits for an accountant. Not only are employees saving the time and stress of commuting to work, but studies have shown across multiple fields that employees are more productive and happy when they work from home. In a recent survey, 70 percent of respondents would rather telecommute than work in their office, reported AccountingWEB. The percentage jumps to 81 percent when the age group is specifically narrowed to individuals between 35 and 44, noted the source.

However, the news outlet also asserted that there was a large element of jealousy present among those who are not permitted to work remotely. Even those who have a larger salary than their colleagues who utilize a home office are often jealous of the fact that they're at home. Maybe age is a factor here, as the younger generation is sometimes more adept with the electronic aspect of the job and are therefore able to be more flexible with location. Whatever the reason may be, it is important for firms to examine the pros and cons of telecommuting options.

Could it work?
Telecommuting can be tricky, and it really depends on the size of the firm and the atmosphere of the office. Small accounting firms might not want to allow remote work, as cutting down the team members in the brick-and-mortar building might lead to feelings of jealousy. It might decrease morale if some are absent while others are not.  However, according to Global Workplace Analytics, telecommuting has increased more than 80 percent since 2005, so perhaps the trend will not feel so out of place in accounting firms.

Mid-sized firms might be the perfect candidate for some telecommuting employees. Generally, they're large enough to have a few team members out of the office and it won't seem deserted. As long as there are rules set in place and appropriate security measures clearly outlined, telecommuting could seriously be a viable option for mid-sized firms. 

Nexus: G-WEBCD6