Human Capital: Page
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Who Knew? Early to Rise Works
Finance department job-seekers, take note: When scheduling an interview with a prospective employer aim for a morning slot, suggests a new survey by Accountemp.According to the survey, 69 percent of 1,400 CFOs polled said the most productive time for meeting with job candidates is between 9 and 1...
By Lisa Yoon • Jan. 22, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
IRS Probes Non-Profit Executive Pay
Just when it seems like executive pay policies have taken all the heat they can handle, the Internal Revenue Service aims to fan the fire by stepping up its scrutiny of non-profit executive pay plans.The IRS recently released a Technical Advice Memoranda (TAM) regarding Section 4958 taxes on exce...
By Lisa Yoon • Jan. 21, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Demand For Finance Execs Way Down
Yesterday, CFO.com reported that hiring prospects for 2003 are grim, brother (see “It’s Cold Out There, Baby”).Now, comes news that the employment chill that set in last year wasn’t just limited to mid-level and entry-level workers. According to ExecuNet’s Executive Talent Demand Index (ETDI), wh...
By Lisa Yoon • Jan. 16, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Revising the Comp List
2002 turned out to be a year full of bad news for business. It also turned out to be a recipe for big changes for executive compensation.Enron was just the beginning. Throw in a few more record-breaking restatements and bankruptcies. Add the Sarbanes-Oxley Act, which, among other things, prohibit...
By Lisa Yoon • Jan. 15, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Job-Seekers: It’s Cold Out There, Baby
What’s the forecast for job searches in the coming year? “Cautiously optimistic,” in consultant-speak; lousy, in English.The consultancy in question here is human-resources advisors DBM, which recently released its annual Workforce Predictions Survey for 2003. Apparently, when they say “cautious ...
By Lisa Yoon • Jan. 14, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Perils of Promotion
A company has a CFO position opening up, and the vice president of finance is widely seen as the favorite for the job. The VP, in fact, is so convinced of his lock status that he actually starts living as if he’d already been promoted — buying a Z-4 and ordering season tickets for Red Sox games.T...
By Lisa Yoon • Jan. 13, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Ethics: The Great Divide
“[W]e have really everything in common with America nowadays, except, of course, language,” Oscar Wilde wrote in The Canterville Ghost.Of course, that was in 1887, way before Enron, WorldCom, and “Chainsaw” Al Dunlap were around. These days, Americans and Brits differ in more than just the way th...
By Lisa Yoon • Jan. 9, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Survey: Honesty Still Highly Ranked Policy
What do employees want most from the company’s top bosses? Not necessarily what you might think — or at least, that’s the upshot of a new survey by organizational-consulting firm Right Management Consultants.The survey asked 570 full-time, white-collar employees: “What is the most important trait...
By Lisa Yoon • Jan. 8, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Courting Compensation Disaster?
Quite a few shareholders might soon be placing votes on executive compensation — with the help of their lawyers.In a roundtable discussion called “What’s Wrong With Executive Compensation?” recounted in this month’s Harvard Business Review, Delaware Supreme Court Chief Justice E. Norman Veasey sa...
By Lisa Yoon • Jan. 7, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Where Are They Now?
Like the old soldiers in the barracks song quoted by General Douglas MacArthur in his farewell speech, most old ideas in corporate finance never seem to die. But unlike old warriors, many notions have a way of hanging around way past their prime.Indeed, very little of what made news on the financ...
By David Katz • Jan. 5, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Mo’ Pension Plan Blues
The three-year bear market continues to mar the pension plans of some of the oldest, largest companies.For example, earlier this week IBM. said it contributed $3.95 billion to its U.S. pension plan, enabling it to return to fully funded status, as measured by its accumulated benefit obligation (A...
By Stephen Taub • Jan. 3, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Ford’s New Year’s Resolution: Find Permanent CFO
Ford Motor Co. is starting off 2003 with an usual New Year’s resolution: to find a new finance chief.According to the Financial Times, the automaker is in the early stages of looking for a replacement for Allan Gilmour, whom Ford coaxed out of retirement seven months ago to take the CFO job.In th...
By Lisa Yoon • Jan. 2, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
After Andersen: Surviving the Demise
Only a year ago, Arthur Andersen LLP still looked like it had a chance. Despite threats by the Department of Justice and rumors that major audit clients like Delta Air Lines and News Corp. were jumping ship, the venerable 89-year-old firm seemed as unlikely to sink as the Titanic. “We will surviv...
By Alix Stuart • Jan. 1, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
On Board at Tyco
Jerome B. York, chairman, president, and chief executive officer of Micro Warehouse and former longtime CFO of IBM Corp. and Chrysler Corp., is bucking the recent trend of senior executives backing politely away from outside board obligations.York, who already sits on the boards of Apple Computer...
By Tim Reason and Kris Frieswick • Jan. 1, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
In Search of Skeletons
How nervous is Corporate America these days? Ask Gordon Grand, who leads the financial officers practice at New York-based executive recruiter Russell Reynolds Associates Inc. For the first time in his career, he says, he’s fielding lots of requests to arrange in-depth background checks of CFO ca...
By Tim Reason • Jan. 1, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Incentive Confrontation
One day in November 2001, Corey White showed up for work wearing a sweater. That wasn’t unusual, as autumn had turned cooler in Atlanta — home to Idea Integration Corp., the E-business consulting unit of MPS Group Inc. and White’s employer. But the senior manager wore the sweater for a different ...
By Tim Reason • Jan. 1, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Really Board
Jerome B. York, chairman, president, and chief executive officer of Micro Warehouse and former longtime CFO of IBM Corp. and Chrysler Corp., is bucking the recent trend of senior executives backing politely away from outside board obligations. York, who already sits on the boards of Apple Compute...
By Kris Frieswick • Jan. 1, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Funding Fun House
The news that many corporate pension plans are in trouble, at least on paper, comes as no surprise. After three years of declining stock markets, many large plans cannot help but find themselves underfunded. That such shortfalls have appeared for the first time since the early 1990s and to a degr...
By Joseph McCafferty • Jan. 1, 2003 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Executive Loans Being Eyed
In the runaway movie hit, “My Big Fat Greek Wedding,” the family patriarch uses a squirt of Windex as a cure-all for all that ills his brood.But it’s going to take more that spit and polish to clean up the suspect appearance of executive loans.According to a new study “My Big Fat Corporate Loan,”...
By Lisa Yoon • Dec. 30, 2002 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Minority Report: Companies Still Looking for Diversity
In spite of the weak job market, companies are still spending hundreds of thousands of dollars to recruit and retain minority candidates with executive leadership potential. This, according to a study entitled Diversity Recruitment Report 2002 released today by San Francisco-based WetFeet Inc.The...
By Lisa Yoon • Dec. 19, 2002 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Evaluating Performance Evaluations
“It’s the most wonderful time of the year.” Right?Both lovers and haters of that ubiquitous holiday carol will agree on one thing: the song’s title is definitely not referring to performance-review time. But while the process isn’t a typical perennial favorite of employees, an upcoming study from...
By Lisa Yoon • Dec. 18, 2002 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Snow Job : A Compensation Tale
Getting paid just for showing up sounds like a sweet deal. But does it beat getting paid well after your days of showing up are over?According to a report in the New York Times, arranging for healthy pay checks even after you’ve quit working, is the newest rage in executive compensation. Usually ...
By Lisa Yoon • Dec. 17, 2002 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Over There — Pay Raises Are Good
Despite continuing economic uncertainty, employers in most countries plan to increase worker pay next year by 1 to 3.5 percentage points above inflation. This, according to Mercer Human Resource Consulting’s Global Compensation Planning Survey Report.In most countries, projected pay increases for...
By Lisa Yoon • Dec. 16, 2002 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Sex in the City of London
A new survey British workers by U.K. media-research firm Suntop Media finds many young British aren’t too impressed with their companies’ ethics. They’re also the first to admit their own ethics aren’t the best, either.Thirty percent of employees are ambivalent about their employers’ ethics. Only...
By Lisa Yoon • Dec. 12, 2002 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Raises? Get Out The Microscope
In case you missed the news from the other two salary surveys released this week, The Conference Board wants you to hear it from them, too: Raises are going to stink next year.In yet another report on salary-increase budgets for 2003, planned pay increases for next year are getting trimmed from e...
By Lisa Yoon • Dec. 11, 2002