Human Capital: Page 24
-
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CBO Gives Mixed Verdict on $15 Minimum Wage
Raising the federal minimum wage to $15 per hour would boost the income of 17 million workers but could also lead to the loss of 1.3 million jobs, according to the Congressional Budget Office.House Democrats have introduced a bill that would gradually raise the federal minimum wage to $15 per hou...
By Matthew Heller • July 9, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Cardinal Health CFO Leaves for Dentsply Job
Cardinal Health CFO Jorge Gomez is leaving the drug distribution company after 13 years and will join dental products maker Dentsply Sirona as its finance chief.Gomez’s departure from Cardinal follows another tough quarter for Cardinal, which, like other drug distributors, has been struggling wit...
By Matthew Heller • July 8, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
VC Industry Makes Slow Progress on Diversity
Venture capital has unquestionably driven economic growth over the past few decades. To what extent isn’t perfectly clear, but it’s a type of financing that appeals to hordes of innovative, forward-looking companies.However, the VC industry is arguably somewhat out of step with the times with res...
By David McCann • July 8, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
IMF’s Christine Lagarde Named as New ECB Chief
Christine Lagarde The European Council has nominated IMF chief Christine Lagarde as the new president of the European Central Bank, giving a self-confessed economic outsider the challenge of helping stimulate the eurozone economy.If confirmed by European leaders, Lagarde would be the first woman ...
By Matthew Heller • July 5, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
What Are the Top Health Benefits Priorities for 2020?
Employers and plan sponsors face no shortage of policy and compliance issues to consider when finalizing 2020 health and fringe benefit offerings, contribution strategies, vendor terms, plan operations, and employee communications.An array of recent and potential changes from Congress, federal re...
By David McCann • June 27, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Yum Brands Names PepsiCo’s Chris Turner CFO
Chris Turner The parent company of KFC, Pizza Hut, and Taco Bell has hired PepsiCo executive Chris Turner as its new CFO, citing his experience with “iconic consumer-oriented companies.”Yum Brands said Wednesday that Turner, 44, will join the company on Aug. 8, assuming global responsibility for ...
By Matthew Heller • June 27, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Retail Veteran Ramsden Named Big Lots CFO
Discount retailer Big Lots has named former Abercrombie & Fitch CFO Jonathan Ramsden as its new finance chief, replacing Timothy Johnson.Ramsden’s appointment marks his return to the retail business after stepping down as Abercrombie’s chief operating officer in June 2016. He has spent the pa...
By Matthew Heller • June 25, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A ‘Strong Travel Culture’ Pays Off for Companies
Business travel costs should, of course, be managed. But CFOs who care foremost about managing the expense may not be aligned on travel priorities with a majority of leaders throughout their organizations.Harvard Business Review Analytic Services surveyed 587 executives and managers who indicated...
By David McCann • June 21, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CEO Departures Hit a 17-Year High in 2019
CEOs are leaving their posts in 2019 at a rate not seen in at least 17 years, according to data from outplacement and executive coaching firm Challenger, Gray & Christmas.The firm says it tracks CEO changes at public, private, and government/nonprofit entities that have been operating for at ...
By David McCann • June 13, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Effective CFOs Don’t Try to ‘Do Everything Better’
CFOs at large enterprises are underinvested in key activities and spend about one day per week on the wrong activities, according to Gartner.To ascertain what the most effective CFOs do differently with their time, relationships, and teams, Gartner conducted more than 100 interviews with finance ...
By David McCann • June 12, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
ABM Industries Nears End of Five-Year Transition
“We’ve just got to get organized!” pleaded comedic actor Jonathan Winters in the 1966 film, “The Russians Are Coming, the Russians Are Coming.”It’s not the official motto of ABM Industries, but maybe it should be. For four years the company has been engaged in an exhaustive, three-phase effort to...
By David McCann • June 4, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Bricker to Step Down as SEC Chief Accountant
Wesley Bricker is stepping down as chief accountant of the U.S. Securities and Exchange Commission after three years in the position.The SEC said Bricker will leave the agency in June and, on his departure, deputy chief accountant Sagar Teotia will serve as acting chief accountant.“Wes is both th...
By Matthew Heller • May 31, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Automate Leadership, Not Leaders
Artificial intelligence: friend or foe? It depends on who you ask, really. While some people can’t wait to see what a technology-driven future will look like, others imagine there is no future — at least one with humans in it.We fear what we don’t understand. Whether cultivated by our uncertainty...
By David McCann • May 30, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Do Clawbacks Cause as Many Problems as They Prevent?
Which is the better way to spur achievement: by rewarding employees for attaining goals, or by penalizing them for failing to do so?While the question has remained a perennial matter of debate, a new scholarly paper observes that “given the financial scandals and crises in recent years, bonus con...
By David McCann • May 28, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Health Care CFOs Broaden Their World View
No one expects the CFO of a health care organization to perform surgery. At the same time, finance chiefs in the field are becoming more engaged in conversations around patient outcomes and society’s broad health care challenges, according to a new Accenture report.In fact, there could be a link ...
By David McCann • May 24, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Is Stop-Loss Insurance Losing Some of Its Value?
There’s an old proverb: “Trees don’t grow to the sky.” That is, even though something may appear to have no barrier to growth, there is still a natural limit.When it comes to medical claims, even after the Affordable Care Act removed caps on health benefit payments, most employers felt there woul...
By David McCann • May 10, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Few Companies Have an Adequate CFO Succession Plan
Let’s just say this is not the pinnacle of risk management: according to a new study, 80% of CFOs said there was no ready-now successor for their role at their companies.And only 38% of finance chiefs said there was any comprehensive succession plan for replacing them, should the need arise.But C...
By David McCann • May 6, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Biotech Firms Need a Plan B for Hiring CFOs
An explosion in the number of publicly traded biotech companies, combined with their strong preference for hiring from within the life sciences industry, has put intense pressure on the biotech CFO market, says recruiting firm Russell Reynolds Associates.Indeed, it seems as if biotechs looking to...
By David McCann • April 26, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Kraft Heinz Names Marketing Expert as CEO
Kraft Heinz signaled a shift in its turnaround strategy by naming a global brand marketing expert to replace Bernardo Hees as chief executive.Miguel Patricio is a consumer packaged-foods veteran who worked for two decades at beer giant Anheuser-Busch InBev, including as chief marketing officer fr...
By Matthew Heller • April 22, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Do Companies Get Their Money’s Worth from ‘Wellness’?
The seemingly unending debate about the worth of employer-sponsored wellness and well-being programs didn’t get any closer to a resolution as a result of two new studies released this week.A survey of 164 large companies by the National Business Group on Health (NBGH) and Fidelity Investments rev...
By David McCann • April 19, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending April 19
Steve Voskuil The Hershey Co has appointed Steve Voskuil to head finance, effective May 13. He replaces Patricia Little, who previously announced her retirement. Voskuil has led the finance function at Avanos Medical since 2014.Jennifer Piepszak has been promoted to finance chief at JPMorgan Chas...
By Joan Urdang • April 19, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Predict Which Employees Will Leave
Almost 3.5 million U.S. workers quit their jobs in January, the highest monthly total ever, according to Bureau of Labor Statistics data. With the economy essentially at full employment, retaining good employees is as crucial as finding new ones.It’s not an issue only for human resources managers...
By David McCann • April 17, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Cable CFO Faces Complexity in All Directions
It’s an interesting time to be the CFO of a telephone and cable services company. The field features fast-changing preferences for accessing and consuming data and content, which in large part is driven by the industry’s equally dynamic technology developments.Other challenges are not so new: the...
By David McCann • April 8, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
No Matter How Bright the Star, One Isn’t Enough
If recent National Basketball Association playoff finals have shown us anything, it’s that two — or even three — star players are better than one, even if that one is LeBron James. The greatest player of all time may be able to get you to Game 7, but if he’s outnumbered he probably won’t be able ...
By John Touey • April 5, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Trump Taps Former Pizza Exec Cain for Fed Seat
President Donald Trump said he is recommending Herman Cain to the Federal Reserve Board, raising fears that the White House is seeking to reshape the central bank with political loyalists.Trump’s selection of Cain, a former pizza executive who ran for the 2012 Republican presidential nomination, ...
By Matthew Heller • April 5, 2019
Previous
