|CFO Magazine Launches Human Capital Special Issue
|February 22, 2005|
CFO, the magazine for finance executives, today launched its first special issue dedicated to the topics of human capital management and employee benefits. CFO Human Capital discusses the crisis that many companies face due to the exploding cost of providing health-care and retirement benefits -- health-care costs alone soared to over $330 billion last year.
Because these costs threaten to erode corporate profits, they are now at the top of the priority list for CFOs. According to a CFO Human Capital survey of senior finance executives, human capital management is one of the key determinants of success at U.S. companies. CFOs are leading initiatives to evaluate, analyze, and authorize new programs on everything from pharmacy plans to pensions to child care, in an effort to rein in costs and provide quality benefits packages. CFO Human Capital examines those efforts and looks at some of the solutions.
"Social security is at risk, healthcare costs are reaching crisis proportions, and the workforce is aging and under stress," commented Kevin M.Quinlin, publisher. “Little wonder that what was once the domain of individual business managers or Human Resources professionals now requires oversight and analytic rigor at the highest levels and that’s where CFO Human Capital comes in.”
CFO and CFO.com are owned by CFO Publishing, an Economist Group business. With a rate base of 450,000, CFO is the leading business publication for C-level and senior finance executives. CFO reaches an international audience of corporate leaders with its global group of magazines, including CFO IT, CFO Europe, CFO Asia, and CFO China. Each month, CFO.com reaches an audience of over 235,000 senior executives and provides a comprehensive resource center and strategic forum for online discussions. For more information, please visit CFO.com.