In an effort to enhance the work-life balance of its professionals and boost retention, Rochester, N.Y.-based IPA 200 firm EFPR Group LLP (FY21 net revenue of $28.3 million) is introducing a new reduced annual hours requirement.
Beginning later this year, the firm will require employees to work 2,080 annual hours, a shift from the profession’s long-standing 2,300 annual hourly requirement.
“For decades the public accounting profession has been known for long, grueling hours and it is our fervent hope we will change that narrative,” says MP Jim Marasco. “The intent of our 2080 initiative is to demonstrate that a true balance between work and personal life can be achieved in our industry and that people don’t have to leave the profession to attain that balance.”