With the holiday season upon us, it is a given that we are going to focus tremendously on the idea of giving - as well as receiving - gifts. We want to make sure that those most near and dear to us are left happy after the holidays are over, which means that there is potential for a lot of spending to be done. However, is there such a thing as too much gifting? I believe that this is where a Long Island accountant can prove to be most helpful, especially when it comes to the realm of business.
Fox Business put up an article that went into detail about small business owners in relation to the various facets associated with the holidays. From what was shown in an American Express OPEN survey, it seems as though holiday bonuses given and gifts swapped, to name a couple of examples, were going to start seeing decreases. This isn't terribly difficult to see why, especially when the government shutdown has left an impact that is still being felt today. However, it is a choice that I can certainly see sparking outrage.
If you think that this choice made on short notice, you would be wrong since there are other facets which had involvement, too. The financial situation that we find ourselves in is not exactly tremendous, which is something that any Long Island accountant would be able to tell you about. According to the poll, 34 percent of business owners have said that they believe that the holiday season approaching would be weak. This is very telling and I am sure that many authorities - CFO Consulting Services included - can tell you the same.
Just how serious is this particular matter, you may be wondering to yourself? The article went into detail about this particular matter, saying that only 27 percent of business owners would be giving its workers bonuses at the end of the year. If you look at the fact that 35 percent of such business owners offered them last year, you can see that there has been a noticeable decrease. While the economic situation we find ourselves in is dire, what does cutting holiday involvement do in the long term?
Morale should be kept alive in any line of work, which I am sure that just about any Long Island accountant will be able to agree with. It is apparent that workers have to be content or else they are not going to be able to perform to their utmost ability. Holiday parties, whether individuals believe it or not, can actually create a much happier environment in the long term. Many people look forward to such events and I do not think that economics should have as much weight on the matter.
Fox Business put up an article that went into detail about small business owners in relation to the various facets associated with the holidays. From what was shown in an American Express OPEN survey, it seems as though holiday bonuses given and gifts swapped, to name a couple of examples, were going to start seeing decreases. This isn't terribly difficult to see why, especially when the government shutdown has left an impact that is still being felt today. However, it is a choice that I can certainly see sparking outrage.
If you think that this choice made on short notice, you would be wrong since there are other facets which had involvement, too. The financial situation that we find ourselves in is not exactly tremendous, which is something that any Long Island accountant would be able to tell you about. According to the poll, 34 percent of business owners have said that they believe that the holiday season approaching would be weak. This is very telling and I am sure that many authorities - CFO Consulting Services included - can tell you the same.
Just how serious is this particular matter, you may be wondering to yourself? The article went into detail about this particular matter, saying that only 27 percent of business owners would be giving its workers bonuses at the end of the year. If you look at the fact that 35 percent of such business owners offered them last year, you can see that there has been a noticeable decrease. While the economic situation we find ourselves in is dire, what does cutting holiday involvement do in the long term?
Morale should be kept alive in any line of work, which I am sure that just about any Long Island accountant will be able to agree with. It is apparent that workers have to be content or else they are not going to be able to perform to their utmost ability. Holiday parties, whether individuals believe it or not, can actually create a much happier environment in the long term. Many people look forward to such events and I do not think that economics should have as much weight on the matter.
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