Human Capital
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How do you calculate straight time overtime for exempt employees?
Our employees have to work 40+ billable hours in a week to be paid overtime. Right now we are adding Holiday time into that bucket but not PTO or Admin time. There has been questions as to why not add the PTO time in also. Comments or suggestions?
15
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Paying employees to quit
Ref we've been inspired by this policy: http://www.cbsnews.com/news/amazon-pays-employees-5000-to-quit/. One of our officers feels that paying employees who are disgruntled to volunteer to quit is a good solution to keeping a happy staff (not the only part of the program, of course). The employees …
16
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How do You Transition to Strategic Leader?
In my career I have always been a good "firefighter". I have even had a previous boss tell me "the hotter the fire the better you perform", but that is not a skill in and of itself that allows anyone to be a rainmaker, and get to the top of the corporate ladder. I have always tried to teach those …
7
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Signing Bonus Whithholding
A new hire has requested we withhold taxes on her sign on bonus based on 400 dependents on her w4. Can anyone advise? There does not seem to be an actual limit in the regs but I would think I am I obligated to be reasonable. My system is limited to 99 but do I have to do 400 if requested? I do thin…
11
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What is the Best Way for a CFO to Expand the Accounting Team?
We've had discussions on Proformative about top-down hiring vs. bottom-up hiring...what about outsourced vs. in-house? What are the most compelling reasons to choose one over the other? CFOs: How have you expanded your own accounting team - if you had to do it over again, what would have done the s…
9
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Eliminating a PTO plan for one in which there is no formal PTO offered
We are exploring moving away from a PTO plan to one where our employees would have no set time off, no formal tracking of time off, no accruals and no payout when they terminate. As professionals, they are expected to get their work completed and manage their time off accordingly. Does anyone hav…
13
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Worthwhile HR Webinars
We receive literature weekly on different HR webinars and seminars. What ones can this group recommend that provide excellent value and reward to the HR team?
4
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What is the worst interview question you have been asked or asked during an interview?
I saw an article on this topic on LinkedIn and thought it would great to get some comments from the Proformative Community. From my own experience, I was asked "if you could give one person poison that would end their life or put it into a pond that could kill no one or several people what would yo…
25
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Regulators Warn Against Employer Reimbursement Of Health Insurance Premiums
In an article by Robert MANDELBAUM in the NYTimes.com (Nov 18th, 2014), he states regulators are squeezing employers even further by disallowing stipends to buy insurance among other limitations. The law and associated rule-making is making what many consider a convoluted set of laws/rules even mur…
1
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How do I Start a Conversation in an Engaging Manner at a Networking Event or Conference?
I am just not good at going up to people I do not know and starting a conversation. At a networking event or conference how do I start a conversation in an engaging manner, and not just comment on the weather or traffic?
9
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Setting Accounting Manager Performance Goals & Targets
I am in the process of setting up annual performance targets for my finance/accounting manager, please advise what would be the best targets?
5
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Is there an issue if I attended the same school for MBA that I also went to for my undergrad?
I graduated from CSUF 5 years ago and I am thinking of pursuing an MBA, with that same school being one of my choices for grad school. Attending their program deals a lot of advantages for me but my main concern is the issue above. I went to a few info sessions before for different schools and have…
3
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How do you provide a cover letter with your resume?
Interesting discussion came up recently with a friend of mine. If you are submitting a resume in response to a posting,what do you do for a cover letter? Do you use your email as the cover letter, with just the resume attached? OR Do you send an email with 2 attachments-resume and cover letter? If …
5
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finance director job description
What would you expect to see in a good Finance Director job description - basics, extras, attributes, etc? This is for a medium size enterprise. Any and all ideas and insights about relative importance appreciated. Thanks!
1
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Yahoo Lays off 100 People
I was reading this article on the way Yahoo handled laying off over 100 workers and couldn't believe what they put the engineers through in the Amman office. I feel like we should no better than to treat people this way? Do we not owe our employee's respect and honesty? I get the need for discretio…
6
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Conferences & Webinars: How to Choose Wisely & Optimize the ROI
Conference and webinar season is in full swing. I would like to share five key observations based on my experience in attending and designing hundreds of events for corporate finance professionals: Ask yourself one question, would I pay my own money to attend this event? If not, then you should k…
1
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Short Of Being a Kiss-Up, What First Impression Conversation With a CEO Favors the CFO?
What is the best topic to discuss with a new CEO to gain trust and demonstrate your value? This question was asked at a recent webinar, now available on-demand: "CFO to Chief Trusted Advisor: Earning that Role with Your CEO" Please add your thoughts about it below. Thanks!
1
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Should go for CPA or CMA
Hello. I am currently study MBA in Finance in California. And I am one of the member of UK ACCA (Association of Certified Chartered Accountant). I am thinking should I go for CMA or CPA? Because ACCA transcript does not show any Units, so this is the headache part. Anyone has this experience before…
9
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Pay for New Hire Packet Services?
We use a service for personality profiles for new hires and they offer a service to maintain all of our new hire packets for a monthly fee. Basically they make sure all documents have been filled out and automatically email the person if something is missing, etc. My HR Coordinator currently does t…
4
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Advice for creating an employee handbook
We are creating an employee handbook from scratch. Any advice about things to include/ not include in the handbook? Advice for how to roll it out to employees?
3
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What's A CFO Have To Do To Get Some Respect Around Here?
"Do you believe that CFOs must take on an assignment outside of Finance (close to the external customer) in order to better represent the forward-looking aspects of their role?" This question was asked at a recent webinar, now available on-demand: "CFO to Chief Trusted Advisor: Earning that Role …
5
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Outsourced HR Consultant
I'm looking for an individual or firm to fill the role of HR Manager for our 30-person services firm in the East Bay. Can anyone recommend a consultant based on a positive personal experience?
9
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How do You Retain Your Finance Superstars?
The 2015 CFO sentiment studies are coming out. A top, if not the top, challenge identified by CFOs is acquiring and retaining finance talent. I believe it starts with common sense. Incent and reward bevaviors that meet specific goals, both quantitative and qualitative. You should reward soft skill…
7
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CFO to CEO transition
I have been a CFO in a privately held business for nearly 18 years. We are primarily a sales organization in the capital equipment space and have been involved with both start up and spin off transactions. While my title is CFO; I perform all of the functions that a COO would also perform. I feel w…
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