Categories Menu

Connect@ADP

Partnering with a more human resource

Winning the War for Talent: BDG CPAs Shares their Challenge – and Their Insight

Winning the War for Talent: BDG CPAs Shares their Challenge – and Their Insight

“You feel that, when your head hits the pillow, you’re doing the best by your employees.” –Neil Della Torre, Founding Partner, BDG CPAs. The accounting profession, like many industries, is currently undergoing a “workforce revolution” where many in firm leadership are taking a close look at their culture and employee engagement techniques. Why? Because they recognize the critical need to combat an industry talent shortage driven by a steady stream of retiring Baby Boomers exiting the accounting business. To fill the void, CPA firms like Becher, Della Torre, Gitto & Company are looking to attract Millennial talent. But we are seeing that the priorities and values most important to this rapidly changing workforce have shifted substantially. Specifically, the demands of Millennial employees have moved away from high salaries to priorities such as work/life balance and benefits that are offered. “Our firm model is to recruit students that could go with a ‘Big Four’ firm. ADP TotalSource® makes our firm more competitive in the market place for staff accountants as...

Read More
Payroll as Pain vs. Payroll as Pleasure: A Chat with Andrews and Company

Payroll as Pain vs. Payroll as Pleasure: A Chat with Andrews and Company

Ask any business owner and you may find that one of the first things they did when starting their business was retain the services of an accountant. Such a partner isn’t there just to help with taxes, but to serve as a trusted advisor who can provide solid advice on managing cash flow, planning for growth, assessing risk and, in many cases, helping with payroll and other HR activities. Because of the advisory nature of their relationship with clients, accountants today have a lot more on their plates than they ever did before. In fact, with the onset of the Affordable Care Act, recent changes to the Fair Labor Standards Act, and ever-changing payroll regulations, I’m seeing that many more small to midsized accounting firms (with five to 15 employees) are thinking about referring out their payroll business or stepping away from offering payroll services completely. The reasons they’re citing? Lack of time and the complexities of keeping up with payroll tax changes and other related compliance issues. Accountant...

Read More
Page 5 of 512345