Staffing: Solved

How to staff for your busy season

Learn how much your firm can save by hiring temporary, remote employees. This downloadable infographic takes you through the cost savings of hiring a remote, temporary employee using cloud hosting; enabling your employees to work efficiently and securely in the cloud.

First, let’s look at how much Tax Accountants are paid, on average in the U.S.

Average base pay is $55K/year and:

• 25% of an in-office workday is spent on non-productive activities.
• 67% of workers said they feel more productive working at home.

Un-accounted costs

• On average, an in-office employee costs $700 per month on IT + $200 per year in office supplies alone. That’s 15% over their average annual salary.

We did the math

Now, let’s look at the numbers. Using industry averages, we’ve calculated how much a 55K salaried new-hire would cost in comparison to an existing employee working overtime hours, and finally, in comparison to a temporary employee who works remotely.

New vs Overtime vs Temporary Staffing

XYZ Tax Practice is considering hiring another accountant to handle the influx of work between Jan 1 – Apr 15.

The Partners of XYZ Tax Practice must decide whether it would be more cost-effective to hire an additional employee, pay their current employee overtime to get the work done or hire a virtual accountant to get the work done remotely.

• A temporary, remote employee costs 50% of what it would cost to hire a new employee.
• A temporary, remote employee costs 40% of what it would cost to require existing employees to work overtime.

If you’ve made it this far… It’s obvious that hiring a remote, temporary employee is the most cost-effective way to make it through the busy season. So, how do you ensure the sensitive files that they are working on stay safe? That answer is easy: Right Networks. By setting your employees up with a Right Networks subscription, you can ensure that your QuickBooks Desktop is backed-up, synced in real-time, automatically updated, and secured. Plus, you can scale the number of subscriptions your firm owns based on the size of your staff.