Human Capital: Page 57


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    How to Avoid Tax Penalties on Deferred Comp

    It’s that time when everyone is thinking about what needs to get done before the end of the year. One item to add to the list is reviewing the administrative operation of the company’s nonqualified deferred-compensation plans during the past year. No matter how good your plan administration is, e...

    By Andrew Liazos • Nov. 21, 2011
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    How to Train Workers to ‘Get’ the Business

    A picture may be worth not just a thousand words, but a sizable chunk of cash as well, Dallas/Fort Worth International Airport has found.All of the key financial metrics the airport tracks have improved for five years running, says DFW finance chief Christopher Poinsatte. He attributes that large...

    By Nov. 18, 2011
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    CFOs on the Move: Week Ending November 18

    Christopher Hix will become finance chief of chemical firm OM Group, effective January 3. He replaces Kenneth Haber, who had announced he would retire at the end of the year. Previously, Hix was CFO at Robbins & Myers Inc.Cloud-computing company Rackspace Hosting has promoted Karl Pichler to ...

    By Joan Urdang • Nov. 18, 2011
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    Time to Put HR under a Microscope?

    Shifts in business and social norms are putting pressure on C-suite executives to take a new look at their human-resources functions. So suggests Michael Gregoire, CEO of Taleo, a vendor of human-resources technology.One change that has emerged quickly over the past couple years is a spike in the...

    By Nov. 17, 2011
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    Supremes Fired Up over Health-Care Case

    As we predicted in prior articles, on November 14 the Supreme Court decided to hear legal challenges to the Patient Protection and Affordable Care Act, commonly referred to as health-care reform or Obamacare. The central issue in the case involves the constitutionality of the individual mandate; ...

    By Jeff Mamorsky • Nov. 16, 2011
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    Make a Veteran’s Day?

    The shortage of technically skilled workers that is plaguing many industries could be worse, if 200,000-plus people did not leave the U.S. armed services each year. And with troops scheduled to depart both Iraq and Afghanistan in the coming months, there could be even more potential employees to ...

    By Nov. 11, 2011
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    CFOs on the Move: Week Ending November 11

    Echelon Corp. has named Bill Slakey to the top finance spot. He replaces Oliver Stanfield, who is retiring but will remain at the energy control networking firm to aid in the transition. Previously, Slakey was CFO of several public and private companies, including Handspring Inc., Extreme Network...

    By Joan Urdang • Nov. 11, 2011
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    How ‘Good’ Are America’s Biggest Companies?

    Don’t we all want to like and respect our employer? To be treated fairly by companies we do business with? To see companies acting as good stewards of the environment and society?Sure we do. But only relatively recently have people begun to demand that companies excel in those areas and to pay le...

    By Nov. 9, 2011
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    Where Coaching and Mentoring Diverge

    As a football fan, I’ve been thinking this fall about how coaching accounts for much of a team’s performance level. The players’ talent is obviously very important, but good coaches exploit that talent. It’s the same in any sport — and in business.CFOs who act as coaches to their teams have highe...

    By Bud Kulesza • Nov. 7, 2011
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    CFOs on the Move: Week Ending November 4

    Boeing finance chief and corporate president James Bell plans to retire on April 1, 2012. Bell, who has been CFO since 2003 and corporate president since 2008, will be succeeded as CFO by corporate controller and finance vice president Greg Smith, effective February 1.Doug Scovanner, who has been...

    By Joan Urdang • Nov. 4, 2011
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    How to Hire the Perfect Staffer

    Among the multiple hats CFOs wear, “hiring manager” doesn’t always lie at the top of the priority list, transcending fundamental concerns like raising capital and monitoring financial controls. But since finance chiefs will surely interview candidates for key positions on their staffs, and a poor...

    By Nov. 2, 2011
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    Why Your Best Employees Want Out

    Employers don’t seem to understand what drives their most talented employees to bolt, judging from new research by consulting firm Towers Watson.While human-resource professionals at 316 North American organizations identified opportunities for promotion as the top reason that high performers lea...

    By Nov. 1, 2011
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    What Do Your HR Practices Tell Your Employees?

    Can your company’s employees make sense of all those human-resources programs they encounter? Do leaders and managers understand the impact of their human-capital decisions? How well do they communicate the logic and goals of the way employees are paid, developed, retained, and acquired? Does it ...

    By John Boudreau • Oct. 31, 2011
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    CFOs on the Move: Week Ending October 28

    Carol Roberts has been promoted to the top finance spot at International Paper Co. Formerly senior vice president, industrial packaging, she takes over from Tim Nicholls, who will become senior vice president, printing and communications papers, the Americas.Barnes & Noble Inc. has named Alle...

    By Joan Urdang • Oct. 28, 2011
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    People Systems Grow Closer

    Vendors of talent-management software have been touting their supposedly integrated “suites” of applications for years. But they’re finally closing in on a meaningful level of integration, experts in the field say.Most vendors started out with a single application that addressed a particular peop...

    By Oct. 28, 2011
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    The Worst Thing You Can Do to an Employee

    In pinpointing the worst thing you can do to an employee, we’re excluding things that are illegal, unethical, immoral, or unsafe. Otherwise, the worst thing for an employee is obvious to us though perhaps not to others: paying her or him significantly more than a free-market wage.What? The worst ...

    By Polly White and Doug White • Oct. 25, 2011
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    Your Annual Bonus May Not Be Deductible

    It is quite common for corporations to pay bonuses based on calendar-year performance by the following March 15. Great care is taken to pay bonuses before that date so that a corporate tax deduction can be taken in the prior year.Unfortunately, paying by March 15 does not ensure that the bonus is...

    By Andrew Liazos • Oct. 24, 2011
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    CFOs on the Move: Week Ending October 21

    Ed Barnes has resigned as finance chief of JetBlue Airways. Barnes had been at the company since 2006 and was promoted to the top finance spot in 2008. Treasurer Mark Powers will take over as interim CFO until a permanent replacement for Barnes is found.Bank holding company TCF Financial Corp. ha...

    By Joan Urdang • Oct. 21, 2011
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    Changing Companies’ Minds about Women

    Despite significant corporate commitment to the advancement of women’s careers, progress appears to have stalled. The percentage of women on boards and senior-executive teams remains stuck at around 15 percent in many countries, and just 3 percent of Fortune 500 CEOs are women.The last generation...

    By Lareina Yee and Joanna Barsh • Oct. 19, 2011
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    What’s a “Fiduciary”? Keep Fingers Crossed

    A year ago, the Department of Labor proposed an update to Employee Retirement Income Security Act regulations that, since 1975, have defined an employee-benefit plan “fiduciary” as a person who provides “investment advice” to a plan or its participants. However, amid backlash from the financial a...

    By Jeff Mamorsky • Oct. 18, 2011
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    CFOs on the Move: Week Ending October 14

    Media company Bertelsmann AG has promoted CFO Thomas Rabe to the posts of chairman and CEO, effective January 1. He will replace Hartmut Ostrowski, who is resigning from the executive board and will move to the supervisory board.Daniel Heinrich is retiring as finance chief of The Clorox Co., effe...

    By Joan Urdang • Oct. 14, 2011
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    Why Your Top Talent Wants Out

    Employers appear to be missing the boat in their assumptions about what drives valued talent to seek opportunities elsewhere, judging from new research by consulting firm Towers Watson.Human-resources professionals at 316 North American organizations identified opportunities for promotion as the ...

    By Oct. 13, 2011
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    Attack of the Cookie-Lickers

    CFOs, regardless of whether they’re taking on oversight of human resources, increasingly are playing important roles in monitoring and shaping company culture. They’re probably finding out that organizational dysfunction runs deep in Corporate America. A large squad of corporate sociologists migh...

    By Kris Dunn • Oct. 10, 2011
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    CFOs on the Move: Week Ending October 7

    Richard Moss has been promoted to the top finance spot at HanesBrands. Moss, who has been treasurer of the firm since 2006, succeeds interim CFO Dale Boyles. Boyles, in turn, has been named operating CFO.Travel site TripAdvisor has named Julie Bradley as its first finance chief. She is a former C...

    By Joan Urdang • Oct. 7, 2011
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    CFO Slaps Ex-Employer with Bias Suit

    Proskauer Rose, a large law firm well known for defending companies against employment-discrimination lawsuits, finds itself in the ironic position of being sued for discrimination by its former CFO.Elly Rosenthal, 57, is claiming age, gender, and disability discrimination, as well as wrongful te...

    By Oct. 5, 2011