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Salaries of senior executives in India are likely to increase by 8.9 per cent in 2022, highest in five years, amid a recovery in business sentiments post pandemic, according to leading global professional services firm Aon plc. The Aon's 11th annual Executive Rewards Survey in India, which analysed data across 475 companies from more than 20 industries, further noted that the median CEO compensation has reached Rs 7.05 crore. With fundamentals of the economy remaining strong and business sentiments positive, there were strong tailwinds which resulted in top executives' salary increase to be projected at 8.9 per cent from 7.9 per cent in 2021, it said. Moreover, the pay mix for chief executive officer (CEO) and key CXO roles continue to move towards higher pay at risk, as per the survey. CXO roles refer to common c-suite executives including CEO, chief financial officer (CFO), chief operating officer (COO), and chief information officer (CIO). Pay at Risk - which is the sum … [Read more...] about Top executives’ salaries may jump 8.9% in 2022, highest in 5 years: Survey

Salary negotiation is a crucial step in the interview process. You risk losing a lot when you don’t ask for more. And yes, even if you do not think you have the leverage, you should still do it. Here is a complete guide to negotiating, especially if it is your first job. advertisement advertisement How to negotiate when you don’t have much experience If there’s one thing that’s arguably more nerve-racking than a job interview, it’s negotiating your salary. And if you’re a recent graduate or someone who wants to change careers, the stakes can feel even higher. How are you supposed to convince someone you’re worth more when you have next to no experience? When you’re just starting out, you might feel like you have to accept the first offer, but if you do, you’re doing yourself a massive financial disservice. As Fast Company ‘s Lydia Dishman reports , not negotiating your starting salary can set you back more than $500,000 by the time you reach … [Read more...] about How to negotiate your salary for any job

Shares of Peloton Interactive Inc. ( PTON ) are skyrocketing after the connected exercise company announced a major restructuring. The stock is up nearly 30% as of Tuesday afternoon. Currently trading around $38, the company is still down more than 70% in the last year. U.S. equity markets as a whole are decisively higher after wavering this morning, led by tech and small-cap stocks, with the Nasdaq up more than 1% and the Dow Jones not far behind. Shares of Harley-Davidson ( HOG ) are up nearly 15% this morning after the company posted better-than-expected revenue and earnings. Analysts expected a loss of 38 cents per share; instead, Harley-Davidson reported a gain of 14 cents per share, thanks in part to increased demand for one of its more expensive motorcycle models. Key Takeaways The Dow Jones, S&P 500 and Nasdaq are all higher after wavering earlier. Amgen and Peloton are both helping lead markets higher, as are small-cap stocks as measured by the Russell … [Read more...] about Stocks Rally as Amgen, Peloton, Travel Companies Push Markets Higher

O pportunity Zones have been having a rough time in the press. The tax policy —bipartisan, market based, and designed to inject billions of dollars into long overlooked communities—has recently been cast in the media as another tax loophole for billionaires, giving investors (many political connected) big tax breaks to build real estate projects for the rich, not the underserved people the law was designed to help. Every new tax law creates a new loophole. There will always be bad actors and unintended consequences. As stories on tax policies go, it makes for a scandalous read. But there is another story, one less salacious but equally important, of bold investors and creative civic leaders using OZ law as it was meant to be. Powered by the Sorenson Impact Center , we are debuting the Forbes OZ 20: The Top Opportunity Zone Catalysts. Comprised of 10 trailblazing community organizations and 10 innovative OZ funds, the Forbes OZ 20 shines a light on the players … [Read more...] about Meet The Forbes OZ 20: The Top Players Investing For Lasting Impact

Share to Twitter Share to Linkedin Faster, higher, stronger: It’s an attitude that pays off on the field as well as off it. The world’s 50 highest-paid athletes raked in $2.97 billion before taxes and agents’ fees over the 12 months ending May 1, smashing 2021’s record total of $2.76 billion. This year’s list features many more notable numbers, however. Here’s a breakdown. 3: The number of athletes who surpassed $100 million in total earnings over the last 12 months. LeBron James, with $121.2 million, reaches the milestone for the first time on the Forbes athletes list while Lionel Messi ($130 million) and Cristiano Ronaldo ($115 million) are each five-time members of the century club. Only seven other athletes have ever accomplished the feat: Roger Federer, Floyd Mayweather, Conor McGregor, Neymar, Manny Pacquiao, Dak Prescott and Tiger Woods. 6: The number of athletes in the top 50 who had never appeared on a Forbes athletes list: … [Read more...] about The 50 Highest-Paid Athletes Made Nearly $3 Billion; Here’s A Breakdown Of The Numbers

Everyone knows the competition for top-tier tech and business talent is intense, with some companies going to extraordinary lengths to bring the brightest minds to their organizations . So if you're not as well known as marquee brands like Facebook and Google, do even have a hope of attracting the best Ivy League-caliber grads to your firm? Yes, answers one small, relatively unknown firm that's managed this feat. But there's one hitch: you might not like what it takes. Applied Predictive Technologies is an Arlington, Virginia-based company that that sells business analytic software to clients such as Guitar Center and Walgreens. Founded in 1999, with an impressive client list and a handful of offices scattered around the world, it is hardly a stealth start-up . But it's not exactly as sexy as the super-hyped kings of Silicon Valley, either. So how does APT mange to snag talent from MIT, Stanford, Oxford, and other top schools, talent that's also being wooed by bigger … [Read more...] about What It Takes to Hire Top Ivy League Talent

Share to Twitter Share to Linkedin Whether you’re a manager at a company with 3,000 employees or three, something that leaders across industries have learned in the past two years is that giving employees more flexibility is key to retention and recruiting of new hires. The pandemic forced the majority (~70%) of the US workforce to adapt in a plethora of different ways to keep everyone healthy while still continuing to work efficiently. Companies that previously had 0% of their employees working remotely had to figure out how to seamlessly transfer all operations to a 100% digital environment. While obviously a ton of bad things came from the pandemic, that’s not to say there weren’t learnings and lessons discovered across the board. The reality is that more talent in every part of the country, and the world, now has access to greater opportunities because of the increased normalization of remote work. Gone are the days where you have to live in San Francisco … [Read more...] about 30 Executives’ Perspectives On Remote, Hybrid, And In-Office Work

Zerodha co-founder and CEO Nithin Kamath Nithin Kamath, the founder and chief executive officer (CEO) of online stockbroker Zerodha, has never shied away from speaking his mind. Vocal on issues confronting the startup world, Kamath is an active member of Twitterverse. Known to be conservative and realistic about his business, Kamath has maintained that it is important for Indians to enter the stock market with the right expectations. Zerodha is currently working on a feature that can nudge customers every time they are about to make a wrong investment decision. Kamath does not believe that there is an opportunity to build many businesses valued at $100 million in India because spending ability is still low in the country. In an interview to Moneycontrol , Kamath said founders who spent the most on acquiring customers who may not stay with their companies or on high employee costs may find it difficult to weather the funding slowdown. “I’d rather make Rs 1,000 from a … [Read more...] about Not much opportunity to build many $100-million companies as we are still a poor country: Zerodha CEO Nithin Kamath

Share to Twitter Share to Linkedin It’s hard to live a day in the developed world without using a Unilever product. The multinational manufactures and distributes over 400 consumer goods brands covering food and beverages, domestic cleaning products and personal hygiene. Adobe Stock Adobe Stock With so many processes to coordinate and manage, artificial intelligence is quickly becoming essential for organizations of its scale. This applies to both research and development as well as the huge support infrastructure needed for a business with 170,000 employees. Recently it announced that it had developed machine learning algorithms capable of sniffing your armpit and telling you whether you are suffering from body odors. While this may seem like "using a sledgehammer to crack a walnut," the technology which has been developed could well go on to be used to monitor food for freshness, helping to solve the problem of food overproduction and … [Read more...] about The Amazing Ways How Unilever Uses Artificial Intelligence To Recruit & Train Thousands Of Employees

Share to Twitter Share to Linkedin In a competitive labor market, retirement benefits are a substantial perk to offer your employees. Potential and existing talent may view the presence or absence of a 401(k) option as a key factor when deciding whether or not to join or stay with your company. Providing retirement benefits also shows employees you care about them and their future endeavors. If you’ve never offered retirement benefits to your employees, you may be wondering where to begin the process and what the best practices are. Below, 14 members of Forbes Finance Council share the advice they’d give a business client contemplating offering a 401(k) option to their employees for the first time. 1. Ask Yourself Why It’s An Essential Benefit Ask yourself about the “why”—what are you looking to accomplish? Improved retention and recruitment is a great answer if your industry demands or expects the benefit. Maximize the benefit for the company and … [Read more...] about Starting A New 401(k) Program? 14 Helpful Tips From Finance Experts