Human Resources

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.

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?

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.

Does Michigan Require Employers to Pay for Unused Vacation Time?

Does Michigan Require Employers to Pay for Unused Vacation Time?

Vacation policies come with questions. Among the typical paid time off questions such as is it mandatory to offer vacation time, and how much should I offer, another common question is will I need to pay out any unused vacation time? Common practice and state law around paid time off, and vacation time specifically, vary from company to company and state to state. Let’s take a look at how Michigan handles the payout of unused vacation time.

Employee Exit Interviews: 14 Questions You Should Ask

Employee Exit Interviews: 14 Questions You Should Ask

Exit interviews can be uncomfortable. Some departing employees use the opportunity to vent years worth of pent up frustration. And while negative feedback is hard to listen to, if employees are willing to express how they feel about working for your organization, there might be nuggets of wisdom concealed in their frustration. If you’re willing to conduct exit interviews, it’s worth the time to consider a former employee’s feedback about their experience.

Can Employees Be Fired For Activities Outside the Workplace?

Can Employees Be Fired For Activities Outside the Workplace?

In the social media age, privacy, it seems, is a luxury we can’t always afford when out in public. Almost everyone has access to the internet with the touch of a finger, so the pressure for employees to monitor their behavior, even outside of work, is higher than ever. You never know when you’ll end up the subject of a Twitter, Facebook, Instagram or Snapchat post, even if you don’t have any of those accounts yourself.