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CPA Executives Predict HR Headaches

Please note: This item is from our archives and was published in 2007. It is provided for historical reference. The content may be out of date and links may no longer function.

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Staff-related issues will account for four of the top five challenges facing organizations in upcoming months, according to a survey of more than 1,350 CPA decision makers.


Ninety-five percent of respondents saw employee and benefit costs as a challenge of some type, with 25% classifying it as a major challenge. Rounding out the top challenges were the availability of management, professional and technical skills, regulatory requirements and staff turnover and retention.

More than 85% expect pricing and cost increases for employee salaries and benefits, with almost 45% predicting healthcare costs to increase by more
than 8%.

Source: AICPA Business and Industry Economic Outlook Survey , 2nd quarter 2007, http://fmcenter.aicpa.org .