Human Capital: Page 31
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Wage Hikes: Proceed with Caution
The idea that boosting the minimum wage can help low-wage workers is not a new idea. The Fight for $15 movement, for example, has steadily gained momentum over the last four years. Several cities and states are set to phase in an increase to a $15 minimum wage over the next few years.Aparna Mathu...
By Aparna Mathur • Feb. 16, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending Feb. 10
Clothier Perry Ellis International has chosen David Rattner to lead the finance function. He succeeds Anita Britt, who is retiring at the end of March. Previously, Rattner was corporate controller and vice president, finance, at Elizabeth Arden.Jack Fortnum will retire from the top finance spot a...
By Joan Urdang • Feb. 10, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
On the House
Executive compensation packages often include perquisites, or perks, so companies can attract top executive talent. From flights in private jets to sporting-event tickets, executive privileges—which can go unnoticed by investors—really add up. Take our quiz to find out how much executive perks ar...
By CFO Editorial Staff • Feb. 7, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Companies Shaken by Travel Ban
From his vow to shred the current regulatory framework to championing a major cutback in corporate tax rates, President Donald Trump made a number of promises during his campaign for office that positioned him as business-friendly.Companies didn’t have much to say, at least publicly, about anothe...
By David McCann • Feb. 6, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Can Companies Bar Workers from Filing Class-Action Claims?
This article is a follow-up to Wednesday’s story on the growing threat of class-action lawsuits against companies over wage-and-hour practices.The Supreme Court’s mid-January decision to take on a trio of cases related to class actions may serve to decide a hotly contested issue that’s of great e...
By David McCann • Feb. 2, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Cost-of-Employment Increases Wane
The cost of employment rose only slightly in the fourth quarter of last year due in part to a reduction in the amount U.S. companies paid to provide health benefits to workers, according to new data from the U.S. Bureau of Labor Statistics.The Employment Cost Index released on Tuesday reflected a...
By Sean Allocca • Jan. 31, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Rein In the Soaring Costs of Specialty Drugs
The National Business Group on Health (NBGH), a nonprofit association of 420 large U.S. employers, on Monday released a policy issue brief offering recommendations designed to help stem the skyrocketing costs of “specialty” drugs.The rate of increase in the cost of employer-provided health benefi...
By David McCann • Jan. 30, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Starbucks to Hire 10,000 Refugees After Immigration Ban
Starbucks pledged to hire 10,000 refugees in direct response to Donald Trump’s executive order indefinitely barring Syrian refugees from entering the country and banning travel from six other Muslim-majority countries.The coffee retailer’s chairman and CEO Howard Schultz said in a memo to employe...
By Sean Allocca • Jan. 30, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Innovative Office Spaces Attract Millennials
A growing number of businesses — ranging from startup technology companies to professional services firms — are using innovative office spaces to court millennials, currently the largest and a highly coveted segment of the workforce.With millennials taking leadership positions at companies, techn...
By Tere Blanca • Jan. 25, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
WME-IMG CFO Liddell Takes White House Job
After about two-and-a-half years as finance chief at WME-IMG, Chris Liddell is leaving the talent agency to oversee special projects for the Trump administration.The native New Zealander will take the title of assistant to the president and director of strategic initiatives. His appointment was a...
By Matthew Heller • Jan. 20, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Trump Praises Wal-Mart, GM for U.S. Job Moves
Wal-Mart and General Motors won the blessing of President-elect Donald Trump after they announced plans to add jobs in the U.S.Whether the announcements really amounted to anything new is debatable and the additional jobs represent only a small increase in the companies’ total U.S. workforces. Wa...
By Matthew Heller • Jan. 17, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending Jan. 13
Martin Chavez has been appointed deputy CFO at The Goldman Sachs Group, and will become finance chief at the end of April when current CFO Harvey Schwartz becomes co-president and co-COO with David Solomon, now co-head of the investment-banking division. Chavez most recently was chief informatio...
By Joan Urdang • Jan. 13, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Amazon to Increase U.S. Workforce by 50%
Amazon said Thursday it will add 100,000 full-time jobs in the U.S. over the next 18 months, many of them at the new warehouses it is building to fulfill orders quickly and cheaply.The e-commerce giant has been opening new fulfillment centers around the country as it pushes to maintain its edge i...
By Matthew Heller • Jan. 12, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
2017 Promises to Be a Wild Year for Health Care
In the health-care arena, this new year is shaping up as one that’s likely to be filled with uncertainty, opportunity, and change.Brian Marcotte Health careFor large U.S. employers like the 420 that are members of the National Business Group on Health, the issue of greatest concern is obviously t...
By Brian Marcotte and National Business Group on Health • Jan. 6, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Trump Names Wall Street Lawyer to Head SEC
President-elect Donald Trump on Wednesday named Jay Clayton, a Wall Street lawyer who has defended large banks including Goldman Sachs, to serve as chairman of the U.S. Securities and Exchange Commission.Clayton, a partner at the law firm of Sullivan & Cromwell, would replace Mary Jo White. H...
By Matthew Heller • Jan. 4, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Don’t Count on ACA Repeal Anytime Soon
Exactly where a repeal of the Affordable Care Act will reside on the priority lists of Congress and President-elect Donald Trump remains to be seen. It appears, however, that companies shouldn’t count on a swift demise for the law.President Obama is scheduled to meet on Wednesday with congression...
By David McCann • Jan. 4, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Trump Names China Critic as U.S. Trade Rep
President-elect Donald Trump on Tuesday nominated attorney Robert Lighthizer, a critic of China’s trade practices and an advocate of greater protectionism, as U.S. trade representative.The selection of Lighthizer is another signal that Trump is poised to take into government the aggressive trade ...
By Matthew Heller • Jan. 3, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending Dec. 23
Stanley Sutula III has been chosen to fill the top finance spot at Pitney Bowes, effective Feb. 1. He takes over for Michael Monahan, who will stay on as chief operating officer. Most recently, Sutula was controller at IBM.Stanley Sutula III Robert Seidel has been promoted to finance chief at FAR...
By Joan Urdang • Dec. 23, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
‘Constant Battle to Drive Profit’ in Hotel Business
The ultimate cyclical industry, always flowing and ebbing in tandem with the economy, the hotel business is in something of a holding pattern these days.Carrie McIntyre Like most industry players, Interstate Hotels & Resorts — which manages 427 properties flying the flags of the best-known br...
By David McCann • Dec. 19, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending Dec. 16
William Osbourn, Jr., will head finance at Xerox following its split into two companies at the end of the year, and current finance chief Leslie Varon will retire after a period of transition. Most recently, Osbourn was co-CFO of Time Warner Cable.William Osbourn, Jr. Rent-A-Center has announced ...
By Joan Urdang • Dec. 16, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
ACA Is a Drain on Corporate Coffers
Proponents of the Affordable Care Act say the law did not adversely impact employers and employer health plans. That’s not true.Christopher Condeluci Although not as significant as the impact on individual-market health plans, health-plan requirements under the law — such as covering adult childr...
By Christopher Condeluci • Dec. 15, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Square-Off: Should the Affordable Care Act Be Repealed?
One way or the other, opinions on the merits of the Affordable Care Act run deep. But whatever your position is, if you think the question of whether the law should be preserved or cast aside is a matter of black and white, consider this:In a survey of 446 U.S. employers, published earlier this y...
By David McCann • Dec. 14, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Grocery CFO Battles Food-Price Deflation
Richard Phegley is keeping his head above water, even if pricing for his company’s products has been underwater for months.Richard Phegley While the retail grocery industry has been plagued by deflation all year, Smart & Final Stores, where Phegley is CFO, is on track for flat profits this ye...
By David McCann • Dec. 14, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Modify, Not Replace, the ACA: Corporate Health Leader
The Affordable Care Act should be “substantially modified,” not “repealed and replaced,” in order to preserve the public exchanges and insurance reforms under the law.Brian Marcotte A complete repeal of the ACA, even with a long transition period, could trigger a death spiral in the public exchan...
By National Business Group on Health and Brian Marcotte • Dec. 14, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Affordable Care Act Is a Big Success for Everyone
To read the press accounts, you would think the Affordable Care Act is nothing but a string of failures. Large premium hikes, insurers pulling out of markets, and policies with shrinking coverage.Robert Field Robert FieldBut the full story is very different. The ACA has achieved impressive succes...
By Robert Field • Dec. 14, 2016
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