US CPA firms that offer modified work arrangements have significant advantages in terms of recruiting and retaining female employees, according to research by the American Institute of CPAs (AICPA).
Approximately half of the firms surveyed by AICPA reported that flexible schedules (56%), reduced hours (50%), compressed work schedules (49%) or telecommuting options (56%) helped attract employees, while about 80% of firms said those arrangements helped retain employees.
AICPA’s Women’s Initiatives Executive Committee chair Jacquelyn Tracy said: “While perspectives are changing, women are still more likely to handle duties involving child care and managing households. At the same time, many younger workers expect employers to offer them some flexibility as to where and when their work is done.
“Modified work arrangements allow women to more successfully manage their careers as CPAs and the priorities in their personal lives.”
Read the full article in the International Accounting Bulletin here