Human Capital: Page 32


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    Trump’s Pension Policy

    With Democrats worried about the repeal of the Affordable Care Act and Republicans focused on reinvigorating their legislative and administrative agendas, national pension and retirement policy questions aren’t at the forefront of Donald Trump’s first-100-days agenda. But given recent regulatory ...

    By Rob Massa • Dec. 9, 2016
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    How to Retain Young Finance Pros

    Employers should take note: young finance professionals prioritize job mobility and career progression over company loyalty. In order to cultivate and retain top talent, it’s important to recognize that while “jobs for life” are a thing of the past, there are ways to harness the ambitions of our ...

    By Warner Johnston • Dec. 8, 2016
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    Obamacare Fuels Rapid Rise in Health Spending

    The Affordable Care Act has triggered “dramatic changes” in healthcare, with health spending in 2015 growing at its fastest rate since 2007, according to a new government report.Spending rose 5.8% to $3.2 trillion, or $9,990 per person, last year as Obamacare expanded health insurance coverage th...

    By Matthew Heller • Dec. 5, 2016
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    ‘Remote Team’ Doesn’t Have to Mean ‘Remote Leadership’

    There is a sure-fire way to improve workplace morale and productivity while cutting costs at the same time. It’s simple: tell your people to stay home. What’s less simple is optimally managing remote teams.The topic is timely and relevant, because the prevalence of such teams is accelerating. Acc...

    By Ian Stewart • Dec. 1, 2016
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    CFOs on the Move: Week Ending Nov. 25

    Molson Coors Brewing has named Tracey Joubert to head finance. She takes over for Mauricio Restrepo, who has resigned. Joubert has been finance chief of the firm’s U.S. division since 2012.Dianna Cervantes Retailer DSW has promoted Jared Poff to the top finance spot. He has been at the company si...

    By Joan Urdang • Nov. 23, 2016
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    After 42 Years with One Company, a Retiring CFO Reflects

    One day, Jeff Burchill answered a want ad in the newspaper for a job with a property insurer, Protection Mutual. It was October 1974. Gerald Ford was president, Bill Gates and Steve Jobs were 19, the Dow Jones Industrial Averaged closed the year at 616, and the price of gasoline in the United Sta...

    By Nov. 23, 2016
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    State Minimum-Wage Votes May Pressure Congress to Act

    Employees at low-paying jobs in four states can expect a raise next year after voters passed proposals on Election Day to increase the minimum wage. Arizona, Maine, and Colorado plan to gradually increase the wage floor to $12 from an average of just under $8 by 2020. Washington will hike an alre...

    By Sean Allocca • Nov. 17, 2016
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    Trump’s Obamacare: What Employers Can Expect

    In the aftermath of last week’s election of Donald Trump as president of the United States and the Republicans’ retention of control over both the House and the Senate, many are beginning to assess the impact of a Republican controlled Congress and presidency on the future of the Affordable Care ...

    By Amy Gordon and Susan Nash • Nov. 16, 2016
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    Uncertainty Flares Again for Health Benefits

    For years after the 2010 enactment of the Affordable Care Act, CFOs were frustrated by uncertainty over how the law would impact costs as its various provisions were rolled out. Repeated and prolonged litigious and legislative battles over the ACA exacerbated the murky outlook.The anxiety has dec...

    By Nov. 11, 2016
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    From Base Stealer to Bone Healer: A CFO’s Journey

    You might not think of urgent-care centers, where you can come in off the street for quick treatment of a flu or stomach ache, as retail outfits. After all, they don’t sell clothing, makeup, auto parts, or other actual products the way classical retailers do.Justin Irizzary But Justin Irizarry do...

    By David Katz • Nov. 11, 2016
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    Employers Warm to Telemedicine Benefits

    Telemedicine may no longer be a novelty, with nearly three in five large U.S. employers now providing cost-saving digital healthcare benefits to employees.The Mercer National Survey of Employer-Sponsored Health Plans found that 59% of employers offer access to a telemedicine program, compared wit...

    By Matthew Heller • Nov. 3, 2016
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    CFOs on the Move: Week Ending Oct. 28

    Allen Mistysyn has been promoted to CFO and senior vice president – finance at The Sherwin-Williams Co., effective Jan. 1. He takes over for Sean Hennessy, who will become senior vice president – corporate planning, development, and administration. Mistysyn joined the firm in 1990 and is currentl...

    By Joan Urdang • Oct. 28, 2016
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    White House Cracks Down on Non-Competes

    The Obama administration has announced new steps to curb the misuse of non-compete agreements as part of its effort to stimulate competition in the U.S. labor market.The White House is targeting, in particular, agreements that prevent low-wage workers who are not privy to trade secrets from movin...

    By Matthew Heller • Oct. 27, 2016
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    Mixed Blessings: Sears Taps New Finance Chief

    Being promoted to CFO of a floundering big box retailer dubbed as a “significant default risk” is bound to be a mixed blessing. But that’s exactly the position Jason Hollar finds himself in today after Sears Holdings named him finance chief, replacing Robert Schriesheim.Jason Hollar Jason Hollar,...

    By David Katz • Oct. 14, 2016
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    The Holes in Human Capital Metrics

    After many years marked by varied, mostly unsuccessful initiatives to prod companies to disclose more information about their human capital, the movement is finally gaining some traction. At least two groups of institutional investors representing trillions of dollars in assets under management (...

    By Oct. 11, 2016
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    GAO Finds Misuse of ACA Reinsurance Fees

    The Obama administration is illegally depriving taxpayers of their share of billions of dollars in reinsurance fees collected from Affordable Care Act health plans, according to the Government Accountability Office.The Obamacare reinsurance program was intended to stabilize premiums in the first ...

    By Matthew Heller • Oct. 3, 2016
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    CFOs Seek Ways to Lower Pension Risks

    Decisions about the transfer of pension risk are a conundrum for many CFOs. Here are five articles about trends and strategies for managing pension plan risk.Pension Risk Transfers Gain Appeal and ImportanceCompanies can lower their risk and reduce costs by offering participants a lump sum or tra...

    By CFO Editorial Staff • Oct. 1, 2016
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    CEO Pay Ratio Lower than Expected: Mercer

    Results of a new Mercer survey on CEO pay ratio suggest that the average ratio may be much lower than previous reports indicated.A controversial regulation under the Dodd-Frank Act requires that beginning in 2018, publicly held companies must disclose the ratio between CEO compensation and that o...

    By Sept. 28, 2016
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    Why You Should Rein In Office Political Debates

    Following last night’s uber-contentious presidential debate, water-cooler chatter was presumably quite lively this morning at many companies.Earnest conversations about current events can contribute to productive bonding among employees. At the same time, companies should walk the proverbial fine...

    By Sept. 27, 2016
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    Finance Execs Favor Trump over Clinton by Large Margin

    Donald Trump is the overwhelming choice for the next president of the United States among finance executives and other CFO readers, with about 55% of 576 respondents favoring him compared with about 35% for Hillary Clinton.The real estate businessman was also the respondents’ preferred choice on ...

    By David Katz • Sept. 13, 2016
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    Pension Risk Transfers Gain in Appeal and Importance

    Decisions about the transfer of pension risk is a conundrum for many CFOs. While the benefits following such a transaction are usually clear and compelling, the process of getting there can be difficult and time-consuming. Mid-size companies with smaller finance and human resources staff can find...

    By Robert Scharff • Sept. 9, 2016
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    CFOs on the Move: Week Ending Sept. 9

    Verizon Communications finance chief Francis Shammo plans to leave his post on Nov. 1 and retire at the end of the year. Matthew Ellis, CFO-operations finance, will replace him. Shammo has headed finance since 2010.Matthew Ellis Medical-device firm The Cooper Cos. said chief strategy officer Albe...

    By Joan Urdang • Sept. 9, 2016
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    Amid Stiff Challenges, Callaway CFO Calls His Job ‘Best in the World’

    It seemed certain that Robert Julian’s career would end where it began: at a large industrial manufacturer.Robert Julian, CFO, Callaway After all, he’d held a series of progressively more responsible positions at several companies of that description: Rockwell Automation, Honeywell, Cisco Systems...

    By Aug. 22, 2016
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    Andrew Levy Named CFO at United Continental

    United Continental on Thursday named veteran airline executive Andrew Levy to fill the CFO position that had been vacant since the departure of John Rainey a year ago.Levy was formerly president and chief operating officer of Allegiant Travel, where he guided the restructuring of ultra low-cost c...

    By Matthew Heller • Aug. 18, 2016
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    Aetna Joins Insurer Exodus From ACA Exchanges

    Aetna is reducing its Obamacare footprint, joining other major insurers in withdrawing from Affordable Care Act exchanges amid concerns about the viability of the health insurance coverage marketplaces.For the 2017 plan year, the nation’s third-largest insurer said Tuesday, it will only sell plan...

    By Matthew Heller • Aug. 17, 2016