Employers Demand Workers Return As Job Market Shifts

Companies such as Vanguard Investments, Paycor Software, and Disney have all demanded that workers either come back to in-office work full-time or adhere to a hybrid model. In many cases, those not adhering to the work orders have been notified that non-compliance may lead to termination.

Employees at some companies have challenged the new directives saying that in-office work is unproductive and that commuting is inefficient. Given the current work environment, many HR Managers knew that this response was predictable.

But employers have grown tired of the empty desk syndrome. Many say that bringing workers back in house is necessary for problem solving, new hire training, and to enforce corporate cultures.

Most of these companies sent directives out in the middle of last year, trying to get their workforces back in-house. But given the tighter labor market of last year, most companies fearing turnover didn’t enforce those directives.

But that’s no longer the case. As the job market shifts with companies facing a recession, the employee’s leverage over their employers has shifted.

For most of last year, the average office occupancy in the ten major U.S. Markets remained below 50%. HR Managers and other advisors have now empowered managers to actually enforce their “come back to the office” directives.

We’ll see in the coming months what changes will occur.

Let me leave you with this.

As we near the end of January, it should be noted that tax season is in full swing. You should have made your fourth quarter estimated tax deposits by the beginning of last week.

W-2’s and W-3’s are due by the end of the month. Many 1099’s and the 1096 are also due by January 31st, but exceptions do apply.

Partnership 1065’s and S Corp Returns are due March 15th. This means that if your final answers to our year end questionnaire are not received by March 1st, we cannot guarantee the return’s timely processing.

Personal Income Tax Returns, C Corp, and Estate Income Tax Returns are due April 18th, 2023. Please make sure that the final answers to our tax organizers and year end questions are received no later than April 1st to ensure timely processing.

Our system is all about quality. We wake up every day wanting to do the best work of our careers. There’s no magic in what we do, and it takes time; time to do it correctly.

Please get us your work today.

Accounting Solutions Ltd. stands ready to complete our mission and purpose of protecting you,your family, and your business. Whether you need Employee Retention Credits, M&A Due Diligence, Payroll Services, or Accounting and Tax Work, you have but to ask. I’m here and I remain,

Sincerely yours,

Chris Amundson
President
Accounting Solutions Ltd.
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