The Benefits of Online Reviews for your Business

The Benefits of Online Reviews for your Business

No matter what industry your business is in, a strong online presence is crucial for its continued success. With the explosion of the digital age came a huge shift from traditional marketing toward digital marketing, where the Internet allowed for convenient and ongoing communication between customers and businesses. Online reviews are now the primary way for potential buyers in the market to view actual consumer opinions regarding their purchases and experiences. Review sites don’t only benefit consumers though; they also provide plenty of advantages for the businesses themselves.

How to Change Pay Periods

How to Change Pay Periods

Pay periods determine how often you run payroll and how frequently your employees get paid. The balance lies in choosing a pay period that minimizes the cost of running payroll and abiding by state law, while simultaneously giving employees a pay schedule they can rely on. As businesses grow, there are a myriad of reasons to change their payroll frequencies. Regardless of the reason, there are a few things to consider before making the switch.

3 Major Ways to Retain Valuable Employees

3 Major Ways to Retain Valuable Employees

As a business owner, employee turnover is one of the biggest issues you’re going to face. Many organizations spend thousands of dollars every year recruiting and replacing their employees. While a certain amount of turnover is unavoidable, that doesn’t mean you shouldn’t be taking steps to prevent it.

How to Conduct Performance Reviews as a New Manager

How to Conduct Performance Reviews as a New Manager

Performance reviews are starting to regain traction. Here at Dominion, we’ve heard from current customers and prospects alike that a well-constructed platform and methodology around performance reviews is a valuable thing for their business. But despite the best intentions, at the end of the day, the success of the performance review rests on the shoulders of the managers. Their participation and preparedness are the backbone of driving beneficial performance review meetings.

5 Key Features to Look For in a Benefits Administration Software

5 Key Features to Look For in a Benefits Administration Software

Did you know that 83% of employers have changed their benefits strategy within the last three years? At Dominion, we believe it’s never a bad time to reevaluate your processes. Worst case scenario, you reaffirm that you’re running your business as efficiently as possible. However, many times you’ll find a new software or product that will improve your processes and save you time and money in the long run. So when was the last time you reevaluated your benefits administration process?

4 Reasons to Outsource your Payroll

4 Reasons to Outsource your Payroll

Outsourcing payroll is a common practice in the modern business world. After all, there is no denying the time and money you can save by bringing in a third party software to assist with the intricacies of payroll. While processing payroll in-house is definitely a viable solution, whether it’s through manual bookkeeping or a variety of payroll apps, even small business owners are starting to see the benefits of outsourcing.

The Importance of Job Costing and Management Accounting

The Importance of Job Costing and Management Accounting

Job costing and management accounting work hand in hand when it comes to making important financial decisions for a business. In order to accurately predict the success of major business decisions, owners and CEOs rely on data-driven reports from job costing and management accounting.