Human Capital: Page
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 David McCann • Oct. 13, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 David McCann • Oct. 5, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Corporate Culture Quantified?
James Heskett’s 1992 book, Corporate Culture and Performance, is still considered a classic business work. Heskett and co-author John Kotter had been looking to establish a relationship between corporate culture and performance. They saw that companies with strong cultures had both good and bad p...
By David McCann • Oct. 4, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Staffing: From the Garden or the Market?
It’s great to see the amount of fresh produce that’s available this time of the year. Whether you pick it from your garden, buy it at the store, or get it as a gift, there’s a plethora of choice and availability. However, with abundance, you’ll find that not every pick is the “cream of the crop.”...
By Bud Kulesza • Oct. 3, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Interim CEO Posts: Intense, and Eye-Opening
Last month’s dismissal of Carol Bartz as CEO of Yahoo and the appointment of finance chief Tim Morse as her interim replacement once again raise two related questions: Are CFOs qualified to be chief executives, even for a short while? And, more to the point, do they want the job?When CFOs land th...
By David McCann • Oct. 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Meanwhile, CFOs Enjoy More Influence
Turns out the latest ill wind did blow some good. According to a recent study by CFO Research Services, in conjunction with Expense Reduction Analysts, finance chiefs say their positions were enhanced by the turmoil of the economic downturn, as everyone from the CEO to junior staffers looked to f...
By CFO Editorial Staff • Oct. 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Enjoy the Ride
While 2010 may have been the year of say-on-pay, bonus clawbacks, and other efforts to shine more light on — if not actually reduce — executive compensation, none of that seemed to put CFOs’ mortgage payments in jeopardy. In fact, while it comes as little surprise that pay moved up in 2010 versus...
By Russ Banham • Oct. 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
An Engineering Challenge for a CFO
Rich Carbone, who is among many prominent CFOs with engineering backgrounds, will put his old skills to good use tomorrow, October 1, when Prudential Financial holds its annual Global Volunteer Day.Carbone, 63, was trained as a combat engineer in the Marine Corps and, upon returning from field du...
By David McCann • Sept. 30, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Slow the Trigger When Firing over Twitter
Have you ever been tempted to discipline an employee for complaining about the company on her Facebook page? Do you even know if your employees are openly talking about your company online? A recent report by a governmental agency should prompt companies to ask these questions and revisit their s...
By Sara Jane Shanahan • Sept. 29, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending September 30
Thomson Reuters has announced that Robert Daleo, who has been CFO since 1998, plans to retire in July. Stephane Bello, finance chief of the company’s professional division, will replace him on January 1, and Daleo will become vice chairman of the company until his retires. Christine Komola has be...
By Joan Urdang • Sept. 28, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Moneyball and the Strategic Talent Game
The word strategic gets attached to almost everything these days, and certainly the arenas of human capital and talent management are no exception. But is your organization really doing strategic talent management? Here’s a simple test my colleague Pete Ramstad and I wrote about in our book Beyon...
By John Boudreau • Sept. 26, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending September 23
Metro-Goldwyn-Mayer Studios Inc. has named Dene Stratton to the top finance spot. He joins the company from Walt Disney Co., where he most recently was CFO, Jetix Europe.Specialty retailer Express Inc. has promoted CFO and chief administration officer Matthew Moellering to chief operating officer...
By Joan Urdang • Sept. 22, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Why RSUs Are Edging Out Restricted Stock
Public companies increasingly are using so-called restricted stock units (RSUs) when compensating executives. In fact, recent surveys suggest they are now twice as prevalent as restricted stock for equity grants that are in the form of full-value shares (as opposed to stock options). What exactly...
By Andrew Liazos • Sept. 20, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending September 16
Sempra Energy has promoted finance chief Mark Snell to become president of the company, effective October 1. He will replace Neal Schmale, who is retiring on November 1. Joseph Householder, controller and chief accounting officer, will take over from Snell as CFO.Fireman’s Fund Insurance Co. has ...
By Joan Urdang • Sept. 16, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Call to Expand Worker Incentives
In the community of human-capital academics, there is no longer any debate whether employee incentive programs – profit-sharing or “gain-sharing” plans where front-line and other employees get incremental pay based on company or business-unit performance – actually work. They do, in fact, motivat...
By David McCann • Sept. 16, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Health-Care Reform’s Circuitous Route
As discussed in the July 19 article “Mandate Mayhem,” several pending lawsuits present challenges to The Patient Protection and Affordable Care Act (the Act), variously referred to as health-care reform and ObamaCare. Recently, two federal circuit courts ruled on the constitutionality of the Act,...
By Jeff Mamorsky • Sept. 15, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Do CFOs Make Sense as Temp CEOs?
This month’s dismissal of Carol Bartz as CEO of Yahoo, and the concomitant appointment of finance chief Tim Morse as her interim replacement, bring a new spotlight to an old question: Are CFOs qualified to be chief executives, even for a short while?As to permanent positions, companies generally ...
By David McCann • Sept. 14, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs by the Numbers
Turnover among large-company CFOs is outpacing the rate of CEO churn in 2011, for the 17th consecutive year, according to the annual “Volatility Report” by executive recruiting firm Crist|Kolder.However, the gap in the two turnover figures has narrowed to less than a percentage point. Extrapolati...
By David McCann • Sept. 13, 2011