What is pay transparency and why is it important to employees and job seekers? Pay transparency is the idea that companies should be open with their applicants and employees about pay and what factors they include when making compensation decisions. It has been growing in popularity, and in some states, it’s even a legal requirement for employers. With the current job … Read More
Ask the Tax Expert
Q: All of my employees have received their W-2s and are filing their individual income tax returns. But, oh no! I realized that there is a mistake on one of my employee’s W-2s. How do I fix that? A: If you see a mistake on a W-2 -whether it be incorrect wages, taxes, name, SSN, etc- the first step is … Read More
SECURE 2.0 Update: Where It Stands, What’s Likely to be Included
Substantial retirement reform legislation expected to pass by year’s end being cobbled together from three bills with many similar objectives Provisions in all three bills Some of the provisions that are in all three bills include: Further expand eligibility for long-term, part-time employees to make 401k plan contributions by lowering the service requirement from 3 years to 2 years. … Read More
The Qualities of Great Managers and How to Develop Them
When you think about your favorites managers what about them made them great? Was it the success you earned while working with them? Your employer may have evaluated them based on metrics like team productivity or turnover rates. Great managers are usually good at leading productive, low-turnover teams, but those aren’t the things their employees remember. So what about them … Read More
Blood Drive Saves Lives!
On Thursday, September 22nd, Dominion Payroll hosted our Fall Blood Drive with the American Red Cross. Our Community Room was converted to a donation center with multiple beds and stations. We had employees, friends, partners, and neighbors all signup and stop in throughout the day. We were joined by American Red Cross Regional CEO, James Hatcher and Richmond Mayor Levar … Read More