Gary Wallace Quoted in Virginia Business: “Labor Squeeze” at Accounting Firms

Keiter’s Managing Partner, Gary Wallace, was featured in a recent Virginia Business article, in “Falling Short: Accounting firms feel labor squeeze.” Gary and other industry peers discussed challenges and opportunities in addressing the shortage of public accounting professionals.

Wallace shared the following insights on Keiter’s approach to attract and retain accounting talent in this competitive labor market:

• Keiter had to innovate its benefits package in response to the pandemic; “The leave package for new parents has been broadened to include employees who need to care for extended family members.”
• “People are interested in what is the company’s vision. What are its values?” Our values of collaboration, innovation, relationships, and accountability guide us when making decisions that directly impact our team members’ lives such as our caregiving leave.
• We have taken a collaborative approach with assisting entry level candidates in reaching 150 hours. We have resources available such as paid exam fees and a bonus for passing the exam.

These focus areas are a part of our approach to provide an employee experience that offers benefits and career paths focused on each team member’s overall wellbeing. Find out more about how Keiter supports its team members here.