Leadership & people skills

Four internal factors to consider when determining executive pay

Although shareholders are voicing their frustrations by registering disapproval of executive compensation packages, business leaders believe shareholders ought to have more say in top execs’ pay. There is considerable support for linking public company executives’ pay to performance.

Private-company financials often shielded from employees

Most private companies do not share financial details with all employees, according to a new survey by Robert Half. But some executives think openness has its benefits. Among them: Quelling fears about the future, and showing employees how their work contributes to the bottom line.

Play the office politics game … and win

Well-intentioned workers who avoid office politics are missing out on opportunities to build relationships that will advance their careers, experts say. But about 40% of workers are sitting on the side lines of office politics – or do not believe office politics are necessary for advancement.

Accounting staff in the UK get a slight pay bump

Accounting workers in the UK feel slightly better about their salaries and job satisfaction. A survey of CIMA members shows a slight rise in worker salaries and continuing belief that the CIMA qualification helps members professionally. Overall sentiment about their companies remains lukewarm.

Sense of direction is critical to employee satisfaction

A sense of direction, path, and destination is a critical factor in employee satisfaction, according to a new survey. Eighty-five per cent of respondents said knowing their potential career path is very important or somewhat important.

Appraising the performance review: Broken but not beyond repair

A recent US survey shows a disconnect between CFOs and workers on the effectiveness of performance reviews, a view that appears to be shared by the global workforce. Reviews may be seen in a negative light, but they can have meaning, especially if the supervisor giving the review follows these five communication tips from experts on two continents.

Older workers, more cost for companies in developed regions

Older workers are staying longer in jobs, resulting in top-heavy companies whose per-employee cost in Europe has risen 16% since 2009. Productivity is down, and younger workers are having a tougher time finding work, according to a PwC report.

At work, engagement is lacking; so is meaning

The global workforce is less than enthusiastic about work these days. Leaders hoping to improve levels of engagement should consider three steps, beginning with creating meaningful work, an expert on retention and rewards says. The engaged worker is more productive—and less likely to go to work elsewhere.

Execs battle skills gap in hiring despite high unemployment

Executives report difficulty finding qualified workers despite high jobless rates. Recruiting workers for positions as varied as engineers, accountants and tugboat workers is a problem. Hire-and-train employee development and new educational initiatives may provide solutions.

Global workforce less than enthusiastic about work

More than a third of the global workforce feels disengaged, with roughly the same percentage of workers believing that barriers at work keep them from excelling. Employees’ company loyalty hits a five-year low.

Application of financial knowledge is critical, leadership report says

The CGMA is poised to take a broader role in financial decision-making if applied knowledge can be well-communicated, a new CGMA report says. Knowing the numbers and being able to predict a company’s financial future based on the numbers are key skills for those looking to advance to leadership roles.

Risky business

How do leading finance chiefs measure and tackle risk within their organisations? We quiz David Horan, CPA, CGMA, the CFO at Dealer Services Corporation; Atul Patel, group FD at IT security firm NCC Group; Jeff van der Eems, COO of United Biscuits; and Jackie Hunt, CFO at Standard Life.

One-to-One: Top tips from the boardroom

The need to measure and manage the human dimension has never been greater if companies are to achieve sustainable success. That was the clear imperative acknowledged by CEOs in the report that marked the launch of the CGMA, Rebooting business: Valuing the human dimension. In addition to surveying 280 CEOs

Small companies must decide to pay or play under new health-care rules

The US Supreme Court's decision to uphold a keystone of the Patient Protection and Affordable Care Act (PPACA), the centrepiece legislation of US health-care reform, is expected to reshape employer-sponsored health insurance. But small companies and companies that employ low-wage workers may feel the most acute effects.

Employers worry about top employees taking their talent elsewhere

As the economy improves, and the competition for top-notch talent increases, employers are expressing concern about retaining that talent – and the cost of losing and replacing talent, a survey shows. Employers think that retention strategies help limit losses.
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