Human Capital
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Bonus or Incentive Compensation for Acctg/Finance Execs
What criteria / methods are used to determine bonuses / incentive compensation for Acctg/ Finance execs and staff for private companies? Stock ownership and formal profit sharing plans are not an option, so I am looking for ideas on how to incentivize the accounting group. Obviously, setting m…
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Salary Review Expectations
I have just started the planning stage on a forecast for next calendar year. The Company has approximately 40 employees and is based in California. In discussing the guidance to be distributed to departmental managers I was surprised by the range of increases the company was considering for sala…
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How much time should I dedicate to working with recruiters?
I'm a CFO looking for my next position. How much time should I spend on them vs. working my network, job ads, new networking, etc.?
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How can you get people to open your networking e-mail requests?
How can you get people to open your networking e-mail requests? People I thought would open these frequently don't. Am I missing something?
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Experience with Internships in Professional Positions
A few months ago, a client wanted to hire an intern as an alternative to a temp in order to work on some outstanding projects. Although initially I was sceptical about their experience, their ability to work without extremely close supervision, and their speed of work, it ended up being a great …
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Mileage Reimbursment - what is covered 'on the way to work'?
Some of our staff use their morning/afternoon commute to stop by clients offices and and review items or pick things up. They claim they are making a business trip to do this and believe they should be reimbursed mileage for the entire trip even if this only adds 2-3 miles to their regular commu…
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The Greatest Sins of Finance PowerPoint
I saw a presentation last week that fell below the low standards I've come to expect from PowerPointers. Its sins included tiny text, incypherable figures, broken video, flashy transitions and jejune conclusions. It made InFocus's annual "Worst of PPT" oligophrenic competition entries look po…
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Health care costs and ways to mitigate increases?
What are CFOs and finance professionals doing to control health care costs? What do you think of using self insurance? Other options that you might recommend researching?
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How Can I Avoid Interview and Networking Burnout?
I have been in interview mode for about 8 months. How do I refresh from this process so that I don't start to sound like a "canned speech". I am networking and in interviews, phone and in person probably about 25 hours per week. Selling yourself starts to become tedious. Thanks for the input ev…
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From Corporate CFO to Startup Co-founder
Looking to speak with CFO’s that have made this transition- does the corporate background hinder or help me?
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Tax Breaks on corporate stock purchases: There was an extension of a tax break on the purchase of stock after 9/27/10 and before 1/1/12
Apparently if you but stock of a small corp (under $50 MM assets) during the above referenced time frame, and then hold the stock for five years, when you subsequently sell the stock, there is no tax on the gain but with a cap of 10 Xs the basis or $10 MM. Also exempt from AMT. Can anyone advise …
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On-line recruiting
We expect to make several senior level engineering, finance and sales hires over the next half year and are planning budgets and hiring plans accordingly. Given the developments in on-line social groups like Proformative, Linked in, and Craigs list, as well as general and specific recruiting we…
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If you are over 50 do you need to change how you answer interview questions? I am told it's harder to get hired and I am closing in on 50!
I hear often that 50 is the magic number, where employers may not want to hire you. I am just as good as I was when I was 30, probably better. How do I communicate this and do I need to change my approach at all due to my age when interviewing??
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How to manage a negative response to an internal promotion opportunity.
How do you manage responding to an internal promotion opportunity when the relocation, compensation, and opportunity do not match your expectations?
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Comparing opportunities? Is there a great template to do so?
Hello: I am in the lucky position of looking at two or three opportunities that are all viable CFO roles. I am looking to compare all the qualities of the 3 jobs next to each other and weight each of the criteria or variables to help make my decision on the best one to potentially. Do you have a…
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A Leader vs. A Manager
A manager is someone who tows the company line and is all about appearances, results, and policy compliance. A leader is someone who inspires his colleagues through passion and commitment, supports their professional development, understands what "makes them tick", and interacts with them accord…
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How can we convince leadership that we have a performance problem?
My organization does an “OK” job of gathering performance feedback on our employees and presenting it to them. However, we often hear from employees that they were not aware of what they were to be assessed on and what impact these things have on the company’s success. Is this a typical scenario …
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What is UK company's obligation for employee moving to Sweden?
I have an employee being paid out of a UK Limited corporation who has moved to Sweden. I would like to continue to pay him out of the UK Payroll, without withholding any UK taxes. What is the employer obligation in Sweden for this employee? Is there a resource in Sweden to help in this situation…
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RE: Mentoring/Coaching for financial executives
Hi. I am the CFO of a 100 person software/telecommunications firm in Illinois. Does anyone have any recommendations for individuals/firms providing coaching/mentoring services? Preferably someone being a prior financial exec type. Thank you. Ray
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I'm stuck in a Senior Director job at a huge company...
I'm stuck in a Senior Director job at a huge company. I have been there for well over a decade. I jumped up the ladder for years, but over the past few years it has been mostly horizontal moves which have broadened my skills, but I feel that I'm not moving forward (or up, as the case may be). M…
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HSA 2010 catchup contribution made in 2011
Can an employee make his HSA contribution for 2010 in 2011 through paycheck deduction? The employee did not max out his legal limit ($6,150) in 2010 and asked employer to deduct the 2010 catchup contribution from his April 15th, 2011 semi-monthly paycheck. ADP warned that the said employee's 201…
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Leadership and Management Growth
I wrote a post a few months ago about leadership. But as I continue to write and think, I've realized how little I know about management. I have a sports background and an MBA, so I think my leadership skills are adequately developed. What I realize, though, is that growing as a manager is mu…
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Bona-fide Wellness Program
Looking for advice on implementing a bona-fide wellness program
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The Age Old Appearance Argument: Hide Success or Flaunt it?
Being one of us stereotypical accounting types can have its limitations, and counting the beans isnt always as much fun as one would like, so its always tempting to veer off on any interesting tangent that comes along. Today the CEO turned up in a new Mercedes S550 AMG (black of course) and I sugge…
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CFO Responsibilities: How Important is Accounting?
In an article in CFO Asia, it was said that CFO should not spend more than 20% of his/her time to accounting related responsibility. I think it is correct CFO's should not spend more time in accounting rather focus on Policy Enforcement, Risk Management, Recording and Reporting, Stakeholder,…