Chief Executive

DECEMBER 20, 2022

There is a delicate balancing act happening in many organizations where there is a need to: • Be conservative in hiring activity and managing variable labor expenses, and. Supplemental compensation practices to offset inflation. Reward existing talent—and especially top talent—as competitively as possible.

Compensation 97

Compensation Variable Costs Retention Fixed Costs 97

AIHR

MARCH 30, 2021

The Society for Human Resource Management declared quality of hire as the holy grail of recruiting five years ago. The perspective of executives, board members, managers, HR, and workers can differ. Cost per Hire = Sum of recruiting costs ÷ Number of hires. Hiring Budget = Total recruiting costs ÷ New hire payroll.

Recruitment 137

Recruitment Benchmarking Metrics Onboarding 137

Harvard Business Review

JULY 2, 2014

Managers typically use breakeven analysis to set a price to understand the economic impact of various price- and sales-volume scenario. These costs are fixed because they will not change with the number of kites sold. Therefore, the unit variable costs to make a single kite is: $50 ($20 in materials and $30 in labor).

Variable Costs 18

Variable Costs Fixed Costs Sales Sales 18

Harvard Business Review

OCTOBER 13, 2017

To understand more about how contribution margin works, I talked with Joe Knight, author of HBR Tools: Business Valuation and cofounder and owner of business-literacy.com , who says “it’s a common financial analysis tool that’s not very well understood by managers.” ” What Is Contribution Margin?

Variable Costs 15

Variable Costs Fixed Costs Revenue Sales 15

Harvard Business Review

JUNE 22, 2015

“It’s one of the more popular ways that managers calculate marketing ROI,” says Avery, pointing out that other common ones include calculating the investment payback period, calculating an internal rate of return, and using net present value analysis. The variable costs to make each pair of flip flops are $14.00.

Variable Costs 15

Variable Costs Fixed Costs Advertising ROI 15

Harvard Business Review

JULY 2, 2014

Managers typically use breakeven analysis to set a price to understand the economic impact of various price- and sales-volume scenario. These costs are fixed because they will not change with the number of kites sold. Therefore, the unit variable costs to make a single kite is: $50 ($20 in materials and $30 in labor).

Variable Costs 10

Variable Costs Fixed Costs Sales Sales 10

Harvard Business Review

OCTOBER 29, 2015

It seems that marketing managers seldom question the product sizes they’ve inherited. In a restaurant experiment, he found that pricing half portions at 70% of the price of the regular size more than compensated for lower margins by attracting additional consumers. How leading companies connect with customers.

Fixed Costs 14

Fixed Costs Variable Costs Marketing Sales 14