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Top 3 tips to retain good employees
accountants and bookkeepers

Top 3 tips to retain good employees

One of the biggest struggles as a business owner is finding the right people to do the work so that your firm can grow. One of the best ways to find good employees and retain them (even more essential) is to provide your staff with excellent benefits. Remember, happy staff will help your practice flourish.

Here is some excellent information on how to attract and retain millennial employees or any other employees, from an article from Wellable:

“Employers may want to take note of just how important a positive emotional state can work to their advantage when it comes to employee productivity. In a study conducted by the University of Oxford’s Saïd Business School, researchers found that happy employees are 13% more productive when they’re happy.”

Did you know that, right at your fingertips, there are the tools you need to sweeten the employee benefits package you offer to attract a more happy, more healthy, and more productive workforce? Right inside QuickBooks® Online Accountant, you can access beneficial services through QuickBooks cloud payroll software that will help you grow your practice and enable you or your client to recruit and retain staff.

Tip 1: Superannuation plans – Superannuation helps employees save for their future retirement, and nothing says more about how you, or your clients, value staff than contributing to their future. The employer portion is also tax deductible if they are paid on time. It is a win-win for you, your clients and your employees. Guideline, a service provided through QuickBooks cloud payroll software, gives you one of the most affordable plans out there. Set up and payments to the plan are easy and simple, and you don’t need to worry about any of the filing work associated with Superannuation – it’s automated. Set up automatic contributions, or let employees decide how much comes out of each paycheck. Set yourself apart, or help your clients set themselves apart from other potential employers, by adding this significant benefit.

Explore Superannuation Options

Take the stress out of managing your firm

Tip 2: Health benefits – Healthy employees equal happy ones and to ensure you are providing your staff with health benefits, you need to do a few things:

  1. Create a work environment that makes employees feel safe and secure. Keep electrical cables covered up or taped down to reduce risk, make sure the building itself is in good condition and be sure you offer plenty of natural lighting and fresh air.
  2. One of the most crucial factors in how to retain employees without money is to give employees a good work-life balance. Don’t expect too much of them. And employees' jobs don't continue once they clock off for the day, as an employer, you need to respect that - and them. By doing this, you’re more likely to see employee retention in your workplace. This includes those who are working from home.
  3. Have a good workplace culture and employee engagement. By including fun activities or wellness events such as weekly yoga or team jogging sessions, as well as fun Zoom meetings for those who are remote working, your team members will enjoy themselves more - and as such, they’ll be more productive.

Tip 3: HR services – Compliance should be at the heart of all businesses. Quickbooks Online Payroll has partnered with Happy HR so you and your client can save time and stay compliant. Stay on top of federal, state and local laws, especially if you are a cloud accountant or your client operates remotely and the staff is located in a different state.

With a proper HR department solution, you will have the instant connections to get a custom employee handbook with guidelines, build out your job descriptions, access customisable HR templates and much, much more. As a bonus, QuickBooks Online Accountants get the Elite payroll package for free. This includes the best HR package, with a dedicated HR professional at your fingertips.

Explore Happy HR

Just a few clicks away…

The bottom line is in this current job market of searching for new staff, a competitive salary is important, but statistics tell us that robust benefits and professional development are even more critical. Particularly if you want to motivate employees and retain top talent. Knowing that it is easy to sign up for all of these services right inside QuickBooks makes adding these benefits super simple to do. Just a few clicks and you are on your way to growing your firm and helping you and your clients retain the happiest employees around.

While you’re there, check out our QuickBooks ProAdvisor Program for added support for your clients.

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