Human Capital
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Calculating Sales Commissions
We are a small company (65 employees) and the accounting department has calculated the more complicated commission programs, which involve different commission percentages and tiers depending on the product and gross margin %, for many years. Recently the sales department has asked to start calcula…
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Can I ask my boss for a copy of the W2 form that I filled out before starting employment?
I fill like too much taxes are being taken out of my check and my boss is giving me the run around about getting a copy of my W2 that I filled out at the end of my first day but after a busy and tired day. I think I may have left two or three line blank that's is either still blank at this time or …
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Do I need to put part time employees on a timesheet?
We just hired our first part time employee - for 24 hours/week. We have a rate established and that's her target hours. Do I need to set her up with timesheets, or do we just pay her based on the presumed 24 hours/week, just as we do with full timers and their presumed 40 hours/week. Part 2 of the …
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HR Issues in an acquisition
I am working with a client who has purchased (acquired) an existing small business and we need to decide should we terminate existing employees and then rehire them into the new business or is it better just to keep everything status quo for them. The business is using the same name ...but I think …
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If your company matches employee 401k contribution, do you require a vesting schedule?
Do you think vesting that contribution helps employee retention?
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Bonus plan for a small technology company
I am wondering how many small companies are offering bonus plans to their employees. My company CEO wants to create a bonus plan. I am doubtful about the effectiveness of a bonus plan with a small company. I think a small company's main incentive is equity and shall not waste valuable cash on bonus…
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Heinz Ketchup Loses Access to the World’s Most Famous Fries
In a recent article on WSJ.com (10/25/13), the WSJ reports that McDonalds is removing Heinz Ketchup from their shelves based on the appontment as CEO of the one-time CEO of arch-rival Burger King. What do you think of this behavior? Does it show any respect for McDonalds customers? Will it hurt eit…
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Do you recommend using a standard business letter format for cover letters or using the same heading from the resume?
As a hiring manager, would you even notice or care?
3
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How I Hire: Focus On Personality
An interesting article by Richard Branson posted on LinkedIn. (http://www.linkedin.com/today/post/article/20130923230007-204068115-how-i-hire-focus-on-personality) Goes to the heart of many discussions here. His feeling, if I'm interpreting correctly, seek culture first, qualifications last. Branso…
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Elevator pitch template or outline or strategy needed
With so little time, what is best to include, exclude, etc?
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Does anyone have a good template for a sales compensation agreement?
The agreement must include a base + tiered commission structure but hopefully not 8 pages long.
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HR
Hi, my company is currently operating in NY, and we are looking to bring someone on for the next three months part time. There are going to be no benefits paid out, and there is no job at the end of the duration. How do I need to go about this? Any help would be useful, as I am clearly no HR expert…
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If I am looking for a CFO job, should I be networking with other CFOs or should I aim at CEOs, board members, etc?
I have been an FEI and FENG member and CFO for over a decade. I have been in transition twice during that period and got my jobs from VCs, CEOs and Board Member connections, not through my local finance "group". When going to events held by these groups I always find more out of work CFOs than I fi…
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Finance Leaders Bemoan Talent Shortage
In a recent highlighted article on CFO.com, the article says in part: "Corporate finance executives rate few of their direct reports as effective in the behaviors and skills that drive the finance function to excellent performance." And in the opening paragraph states: "For public consumption, fina…
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What business lesson did you learn the hard way?
In my case: Always keep looking for the next opportunity; don't feel safe and indispensable or that the company is a going concern (either for you or for itself)
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Resumes and Leave Behinds
This topic has come up a few times at networking events I've attended. The opinions are varied. 1. Resumes: What do you believe to be the best format (in no particular order)? Version 1 - Taglines (branding) - Use of Color and "modern fonts" - Summary Section - Functional points (limited) -…
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Employee Wellness/Gym Membership $100 monthly membership, taxable?
Hi, The company I work for offers a monthly reimbursement of $100 for Wellness/Gym Memberships. Is this considered taxable income for the employee? I've worked at companies before who offered Gym reimbursement but did not tax us, but according to IRS Pub 15-B, we should. Can anyone offer any insigh…
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What does it really take to be a great CFO?
Another good question from LinkedIn based on an article on "Grumpy Old Accountants"
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Has anyone read "Bean Soup - Beyond Bean Counting"?
The title and the cover speaks to me, but not sure if its worthwhile buying or it just scrapes the surface http://www.thebeansoupbook.com/
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The Most Important Candidate Screening Criteria to Executive Recruiters and Hiring Managers
There was a poll taken during the recent Proformative webinar "Insight and Strategies for Seasoned Executives in Transition". The poll results were as follows: I think the “most important” (or “first”) thing that recruiters and hiring managers look for in seasoned executives in FAT is: · Your f…
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Remote Employees: How do you establish and maintain a corporate culture?
Recent actions by the Yahoo CEO have brought the issue or workplace flexibility into the news. How do you establish a corporate culture in today's world?
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Salary Costs in a services company
Should they be considered in cost of sales or operating expenses?
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