Human Capital: Page 40
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Will Obamacare Destroy Jobs?
Before the recession, Richard Clark’s cleaning company in Florida had 200 employees, about half of them working full time. These days it has about 150, with 80% part-time. The downturn explains some of this. But Mr Clark also blames Barack Obama’s health reform. When it comes into effect in Janua...
By Economist Staff • Aug. 23, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending Aug. 23
Former Caterpillar Inc. CFO David Burritt will succeed the retiring Gretchen Haggerty as CFO of United States Steel Corp. Burritt will assume the post on August 31. Burritt spent almost six years heading finance at Caterpillar after being promoted from corporate controller in December 2004. A lon...
By David McCann • Aug. 23, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Health Care Rises on CFO Priority Lists
CFOs are far more involved in their employers’ health-care strategies than they were before the Affordable Care Act (ACA) was signed into law in 2010, new research indicates.In a Towers Watson survey of benefits managers at 420 large and midsized employers, participants were asked to rate the ext...
By David McCann • Aug. 22, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO Musical Chairs Are Humming Along
Turnover among CFOs at large companies rose for the third straight year in 2013, according to a new report from recruiting firm Crist|Kolder Associates. That continued a long-term trend of higher turnover as economic conditions improve, and vice versa. Among the 668 companies in either the Fortun...
By David McCann • Aug. 20, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Five Ways to Mess Up Gamification
Top companies all over the world are adopting gamification into their core business strategies in order to drive engagement for employees, customers and partners. Through our experience working with some of the world’s largest brands, we have discovered some unexpected pitfalls along the way. The...
By Whitney Cook • Aug. 19, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending August 16
Motorola Solutions Inc. has appointed Gino Bonanotte acting CFO. He succeeds Ed Fitzpatrick, who is leaving the company. Bonanotte had been corporate vice president at the firm.The Mayo Clinic has promoted CFO Jeff Bolton to chief administrative officer, effective November 15. He takes over from ...
By Joan Urdang • Aug. 16, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Avoid Résumé Fraud
Here’s the situation: You’re ready to move on from your job and find another (or perhaps your first) CFO role. But the economy is tough, it seems impossible to get a job interview, and you start revamping your résumé. Maybe if you change a few words around, play up your experience with buzzwords ...
By Marielle Segarra • Aug. 15, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Perks of the Cloud
GoPro, a privately owned company in San Mateo, Calif. that is known for its “wearable” cameras, was founded in 2002 by surfer Nick Woodman. The company, which began selling cameras using 35mm film technology in 2004, has since seen its products go digital and has built up a retail network of 36,0...
By Ed Zwirn • Aug. 15, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Pay-wise, CFOs Gain a Bit on Their Bosses
CFOs’ earnings grew more than CEO pay did in 2012, the third year in a row finance chiefs earned such bragging rights, according to an analysis by Compensation Advisory Partners.The firm looked at total direct compensation for those positions and its components – salary, annual bonus and grant-da...
By David McCann • Aug. 14, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Hey, CFOs in Transition: Don’t Be ‘That Guy’
An executive search professional, my role is to help client companies fill open positions. But I also get many calls and emails from senior financial officers who are looking for jobs. On rare occasions, serendipity intervenes and the person is actually a good fit for a current assignment. Otherw...
By John Touey • Aug. 13, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A One-of-a-Kind Private Exchange
This is the final installment in a three-part series of articles on private health-care exchanges. Part 1 documented growing interest in the products among large companies. Part 2 examined variable aspects of the private-exchange model.As noted in the previous article in this series, definitions ...
By David McCann • Aug. 12, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending August 9
Jeffrey Bairstow has been appointed to the top finance spot at Time Inc., effective September 3. He will take over from Howard Averill, who has been named CFO of Time Warner Inc. Most recently, Bairstow was president of Digital First Media.Revlon Inc. has named Lawrence Alletto to head finance, e...
By Joan Urdang • Aug. 9, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
For Hiring, Honesty’s the Best Policy
Sometimes one gets the feeling that companies would rather go bankrupt than admit any failing, no matter how trivial. Ever seen the movie “Pleasantville”? It’s like that.But perhaps if companies were more honest about what really goes on inside their walls, they’d be less likely to fail financial...
By David McCann • Aug. 6, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending August 2
Bruce Koepfgen, head of finance at Janus Capital Group, has been promoted to president of the investment company. Treasurer Jennifer McPeek will take over as CFO.Richard Bressler has been named president and CFO of CC Media Holdings Inc. and Clear Channel Communications Inc., as well as CFO of Cl...
By Joan Urdang • Aug. 2, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Private Exchange Wars
This is the second article in a three-part series about private exchanges. Part 1 documented growing interest in the products among large companies. Next: a profile of an exchange provider with a model unlike most others.Just what, exactly, is a “private exchange”?Almost everyone agrees that it’s...
By David McCann • Aug. 1, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Help HR’s Grasp Equal Its Reach
“Ah, but a man’s reach should exceed his grasp, Or what’s a heaven for?” The Robert Browning poem that contains those lines, “Andrea del Sarto,” makes me think of challenges facing many human-resources departments today. In the poem, Del Sarto, a 16th-century painter, describes his love for his w...
By John Boudreau and Ian Ziskin • July 31, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Scrambling for the Green
It’s often said that small and midsize businesses are the lifeblood of the economy. And they are, when they’re growing. But what happens when a company runs out of room to grow? At PG Professional Golf, CFO Tony Ford is struggling with that question. The number of golfers in the United States has...
By Marielle Segarra • July 31, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Big Companies Eye Private Health-Benefits Exchanges
This is the first of three articles about private exchanges. Next: What’s the best funding model for benefits plans offered through exchanges? Interest among large companies in private health-insurance exchanges for active employees, which has been incubating for a few years, is poking into the d...
By David McCann • July 30, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Earning Their Keep
In the wake of the financial crisis, Occupy Wall Street protests and the debut of shareholder “say on pay” voting in 2011, investors have ratcheted up their scrutiny of executive compensation at public companies. Not surprisingly, one trend has grown stronger than ever since we last surveyed CFO ...
By Russ Banham • July 29, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Are Companies Bluffing on Health Benefits?
Opponents of the Affordable Care Act have repeatedly labeled it a jobs killer, and many small employers have threatened to reduce their work forces (or say they already have) because of it. Those just above the 50-employee threshold over which they must offer workers health insurance or pay a tax...
By David McCann • July 26, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 26
Time Warner Inc. has named Howard Averill to the top finance spot, effective January 1, 2014. He replaces John Martin, who will become CEO of Turner Broadcasting System Inc. Averill is now CFO of Time Inc.Grocer Supervalu Inc. has appointed Bruce Besanko to lead the finance function, effective Au...
By Joan Urdang • July 26, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A New Breed of CFO
For a group of Silicon Valley CFOs who meet about once a quarter to discuss the challenges they’re facing, the notion that they exemplify a “new breed” of finance chief is an underlying theme.These folks tend to spend less than half of their time on traditional finance functions like reporting, t...
By David McCann • July 25, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Train for Gain
When you consider how bummed out finance leaders are over what they see as a shortage of talent with the skills they most covet, it’s a wonder they can function at all. Here’s what I’m wondering: Might they not, to some degree, be properly held accountable for the shortage? If there actually is o...
By David McCann • July 23, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 19
Tushar Morzaria, CFO of corporate and investment banking at JPMorgan Chase & Co., has been named to head finance at Barclays Plc, effective next February. He will replace Chris Lucas, who plans to retire then.Dale Reid has retired as CFO and executive vice president, finance, at Allegheny Tec...
By Joan Urdang • July 19, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Road Map for Ascending to CEO
So, you want to be the CEO? As CFO and second-in-command, you might consider that a natural progression. But don’t assume that your close working relationship with your boss means you’re deeply familiar with all of a chief executive’s job requirements. Even CFOs with a good sense of that need a p...
By Jay Scherer and Mary Herrmann • July 19, 2013
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