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Both Finance and Accounting Revolve Around the Management of Assets. Finance and Accounting are two separate disciples that often are lumped together (as we obviously have done). At a high level, Finance is the science of planning the distribution of a business’ assets. Accounting is the art of the recording and reporting financial transactions. People tend to group Finance and Accounting because both functions deal with the administration of a business’ assets. Those who work in the financial department of a business are concerned with planning the distribution of the business’ assets. This... view article details

Are you looking for a new role in the finance and accounting spheres? A promising statistic job seekers should consider is that the unemployment rate for specialized roles in these realms range well below the national average at 0.8% - 3.3%, according to the Q2 2018 quarterly report by the U.S. Bureau of Labor Statistics. With such low unemployment rates in these sectors, there is a labor shortage of experienced candidates. As the pool of unemployed talent continues to narrow, employers struggle to compete in the modern war for talent. For qualified job seekers, however, the labor shortage sug... view article details

Tips for Living within Your Means'It's not like I'm disorganized,' said Michelle E., a 28-year-old paralegal from Aurora, Colorado. 'My friends even joke about my CD collection being alphabetized. Yet my savings account is always empty and I never manage to pay down my credit cards,' she said.Cathy W. is 36, single, and facing a similar dilemma. 'I'm a freelancer in computer graphics based out of San Francisco. I think I make decent money, but there's never any left over. I don't see how I could ever afford my own home - certainly not in this town. I have no investments, never mind retirement ... view article details

Everybody with a credit card knows it's smart to pay what you owe at the end of every month - right? According to CardWeb.com, an international credit card tracker, credit card debt is approximately $9000 per household for those carrying at least one credit card. Internet shopping increases the temptation to overspend, since cash or checks are rarely an option if you're online to shop.Holiday spending is a notoreous time when consumers rack up their credit card bills. According the Cardweb.com, Americans racked up just over $115 billion in retail spending on their credit and debit cards during... view article details

 Personal Budget Planning Builds Household Wealth  To some people, 'budget' is a dirty word. In reality a budget is just a schedule of income and expenses, a way of documenting how much money comes in and how it should sensibly be spent. There's everything to gain from sticking to a budget, but adhering to a budget is difficult for many people because it usually means denying cravings and luxuries beyond reach.Well, after all, that's the point of a budget.What percentage of your income goes to housing every month? What goes to entertainment? Knowing those spending ratios is a valuable tool to ... view article details

Jeff Higgins is the Founder and CEO of Human Capital Management Institute and an Adjunct Professor of Human Capital Analytics at USC. Rebecca Gorman is a Principal of Compensation Consulting at Salary.com. Rebecca kicked off her career conducting investment and economic research and found her way into the world of consulting via HR research. In this episode, Jeff and Rebecca talk about the potential changes to the SEC rules regarding HCM metric disclosures. November 9, 2023 Time Stamps Contact Info Resources Quick Quotes Full Transcript Introduction Welcome, Jeff and Rebecca! T... view blog & white papers details

When you have been at a job for a long time, you are considered a "long-tenured employee." Being one has its advantages and disadvantages. Understanding what tenure means and how it affects you can help you decide whether to stick with your current job for a while or look for new opportunities. This article will define job tenure, discuss who qualifies for it, and explore the pros and cons of being a long-tenured employee. What Is the Average Employee Tenure? In 2020, the US Bureau of Labor Statistics found that the typical amount of time someone worked for the same employer was about 4.1 yea... view blog & white papers details

In every organization, there are different business units with very different sets of priorities. Pay for performance affects each of these departments and their people in a unique way, and you need to be prepared to communicate how your pay-for-performance policy can help them reach their unique goals – and ultimately gain their buy in on your merit pay plans. Employees: Communication is Key When it comes to employees, helping them understand how and why they are paid a certain way can make the difference between a happy, productive workforce and a disgruntled one. HR professionals can facili... view blog & white papers details

Seeking insights into how organizations are approaching their total compensation management across the workforce? You will want to review this Executive Summary of Ventana Research's new Benchmark research. The research highlights the total compensation management processes utilized by management, managers, employees, analysts and administration in HR and finance. It also examines approaches currently in use, as well as opportunities and barriers related to further adoption of TCM software. https://www2.salary.com/l/250572/2022-05-06/2v76rvk/250572/1651857609yVGgHg6P/Ventana_Research_Total_Co... view blog & white papers details

Christopher Mahoney, Solutions Consultant at Salary.com, hosted an informative and engaging discussion surrounding our Compdata Banking & Financial Services survey. During this event, attendees: Understood key challenges banking and finance faces with hiring. Gained insight into the undeniable value that salary surveys bring to your organization. Discovered how the Compdata Banking & Financial Services Survey can benefit your compensation strategies. Explored a diverse range of job titles and participants involved in the survey. Watch our on-demand webinar to learn more. If you want to learn... view blog & white papers details