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

By Keiter CPAs

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

Gary WallaceKeiter’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.

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Keiter CPAs

Keiter CPAs

Keiter CPAs is a certified public accounting firm serving the audittax, accounting and consulting needs of businesses and their owners located in Richmond and across Virginia. We focus on serving emerging growth businesses and companies in the financial servicesconstructionreal estatemanufacturingretail & distribution industries and nonprofits. We also provide business valuations and forensic accounting servicesfamily office services, and inbound international services.

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The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.


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