Art of Accounting: People Who Hold Themselves Back by Holding Back Others

Accounting Today

Many bosses hold back their subordinates without realizing they hold themselves back even more. I see this a lot. For myriad reasons bosses would restrict raises and bonuses for those immediately under them. Examples are a CEO in a not-for-profit kept raises to a minimum for the CFO; a bookkeeper gives low raises to her main assistant; and a manager at an accounting firm suggests low raises for his direct reports.