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HR Finance 101: A Guide To Finance for HR

AIHR

The main responsibility of finance is to allocate and monitor resources that support the goals of the organization while ensuring a balance between revenue and costs. Labor costs like salaries, benefits, and related taxes make up as much as 70% of total operating costs of a business. Why does HR need to know finance?

Cash Flow 136
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Side-by-Side, CEOs And CFOs Plot The Future

Chief Executive

Although a similar closeness existed a decade ago, what is different in their relationship today is the CFO’s deeper involvement in operations. Our relationship has evolved to the point where I can’t imagine running the operations without her,” he said. I was initially an investment banker (at Deutsche Bank Securities).

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FinTech CEO David Foss On What Your Customers Want Digitally Now

Chief Executive

No industry was more impacted than banking. When most of the nation’s bank branches closed for operations in March, 2020, the gradual, even glacial, shift from in-person to mobile banking exploded overnight by necessity—and it is never going back. No small task. In other words: Every CEO in every industry. .

Banking 98
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Predictors of Job Performance: What Drives Insurance Sales Agents [Case Study]

AIHR

A company operating in the insurance industry wanted to assess what drives the performance of sales agents in their business. The company’s operations in the two additional regional countries are relatively new and with a small staff. The study aimed to get insights from the assessments to help the company increase its revenue.

Insurance 145
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Why Is Cash Flow Important To Survive In Our Tough Business Climate?

Growth Institute

You might be closely monitoring your company's revenue and profit if you’re an entrepreneur, CEO, or another executive. But if you think focusing on your company’s revenue and profit will help it thrive financially, it’s time to change that thinking. And that story revolves around this fact: Revenue is vanity. Profit is sanity.

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I started a business with two coworkers and I’m doing all the work

Alison Green

We decided to keep operations as equal as possible: we would each be billed as co-founders, receive the same amount of money each month, and collaborate on tasks as much as possible. You have pushed Sam at least 12 times to set up a bank account and get the money out of his personal account and he hasn’t done it.

Banking 85
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How To Perform an HR SWOT Analysis

AIHR

An HR SWOT Analysis enables the HR team to gain a clear view of internal and external factors impacting your operations. Inadequate resources will limit its operation. Business operations are halted. trillion in unrealized annual revenues by 2030. Contents What is a SWOT analysis? Why should HR perform a SWOT analysis?