Overview
According to a recent study, over 70% of accounting professionals suffer from burnout, leading to feelings of exhaustion, inefficiency, and dissatisfaction with their careers. Recurring challenges for accounting and finance professionals include long hours, repetitive work, pressing client demands, and changing rules and regulations. Together, these conditions contribute to chronic workplace stress.
Burnout is real, and firms that ignore this common problem pay a high price. Nearly three out of five employees in accounting and finance professions report psychological harm from work-related stress, including an overall feeling of lack of interest, motivation, or energy. Fortunately, individuals and organizations are beginning to take career burnout more seriously, especially in the post-pandemic era. This course looks at the causes of accounting burnout and examines strategies organizations are implementing to address and reduce a well-known but often overlooked problem.
Major Topics:
- The causes of burnout in the accounting profession
- Effects of burnout on employee well-being
- Strategies to protect employee well-being in a highly demanding profession
- Organizational costs associated with employee burnout
- Tools used to measure employee well-being
Learning Objectives
- Recognize the key indicators of employee burnout
- Understand the costs associated with professional burnout
- Identify and implement strategies to reduce burnout individually and at an organizational level
- Be familiar with the ways remote work can contribute to and/or alleviate burnout
- Understand the different approaches firms utilize to address burnout