Wednesday, September 7, 2011

MBA degrees

The number of MBA degrees earned in the United States has grown significantly over the past several decades. About 5,000 MBAs were awarded annually during the 1960s. By the 2000s, the number of earned MBAs exploded to nearly 100,000 a year. The typical MBA costs about $30,000 to complete. An MBA is worth about $10,000 to $30,000 a year over a bachelor's degree.
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Tuesday, September 6, 2011

Company buy back

After selling stock to the public, companies sometimes buy some of it back. Companies buy back their stock for three reasons. One is to add to the demand of their stock. The second is to increase the company’s position as a shareholder. The third is to take advantage of the stock's bargain price.
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Monday, September 5, 2011

Labor Day

On September 5, 1882, ten thousand workers participated in America's first Labor Day parade in New York City. The first governmental recognition of Labor Day came through municipal ordinances passed in 1885. By 1894, twenty-eight states had recognized Labor Day. President Grover Cleveland signed a bill making Labor Day an official national holiday in 1894.
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Sunday, September 4, 2011

The War for Talent

Ed Michaels, Helen Handfield-Jones, and Beth Axelrod, authors of the book "The War for Talent," suggest that the very best companies have leaders who are obsessed with talent: they recruit ceaselessly, finding and hiring as many top performers as possible. They reward top talent disproportionately and push them into ever more senior positions.
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Saturday, September 3, 2011

Five characteristics

Best-selling author and business speaker Jason Jennings suggests five characteristics that the best-performing companies share: they have an "authentic" reason for existence; are willing to let go and embrace change; focus on the right customers; get everyone to think and act like owners; have leaders that put service over self-interest.
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Friday, September 2, 2011

Paying more than competitors

According to a survey of 1,400 CFOs conducted by search firm Robert Half International, paying more than competitors is still the best way to attract top talent. However, nearly one-third of the survey respondents reported non-monetary perks such as flexible hours and telecommuting options were more appealing with prospective employees, ahead of higher compensation.
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Thursday, September 1, 2011

Fantasy football

During the NFL season, nearly 37 million people will spend about fifty minutes a week at work managing their fantasy football teams, according to a survey by outplacement consulting firm Challenger, Gray and Christmas. The survey estimates that companies will lose as much as $1.1 billion a week in lost productivity.


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