Year-End Actions and Assesment for Recruiting and Staffing

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Year-end recruiting and staffing actions typically involve less of the mandated reporting and administrative activities that are common hallmarks of other functions like finance and accounting. Even so, CEOs and those concerned with attracting, landing, and retaining key talent for an organization should view it with the same level of importance. Below, we dive into …

Do I Need a CFO?

Some form of the question, “Do I need a CFO?” surfaces in the course of conversation at a very high percentage of the lunches or professional events our vcfo consultants attend with business leaders. It’s a pivotal and not surprising question for CEOs to struggle with, especially when they have solid controllers and accounting managers …

What Every CEO and Board Should Know About Their Human Resources Department and Strategic HR

The strategic role of Human Resources and the understanding of same is mission critical to a CEO and the Board.  Over the years, HR has changed from a “personnel/paper pushing” department to a department that can add value which translates to company savings that can drop to the bottom line.  Allowing HR to have a …

HR Pitfalls of Mergers and Acquisitions

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Five HR Pitfalls to Avoid After a Merger or Acquisition In a previous post, we examined the important topic of The Roles HR Can Play During Merger and Acquisition. When effectively leveraged, HR instills confidence and calm in leaders and employees that all bases are covered in this time of transition. But HR’s role doesn’t …

vcfo Grows with the Addition of Strategic Financial Consultants in Texas

vcfo welcomed the addition of six new consultants across their Texas market this past year. The Austin market welcomed Michael Mariano as Corporate CFO and EVP, Brian Wright and Scott Sechovec as consulting CFOs and Mark Wilson as Consulting Controller. Brian Bruce joined the Dallas team as Consulting CFO, and Chris Hysinger joined in Houston …

Best Practices for Long-Term Incentive Planning

Written by Kelly Wells and Teresa Foltz Many elements go into the formula for attracting, retaining and developing the right talent for your organization. In assessing how you’re doing across each of these elements, one of the questions you’ll undoubtedly want to explore is “What kind of long-term incentive plan should our business have in …

Attracting Talent – Job Description Best Practices

Writing The Best Job Descriptions – HR & Finance Consultants – vcfo

Are Your Job Descriptions Attracting the Right Talent? In virtually every geography where we work with companies to make them stronger, the story is the same when it comes to finding new employees that fit their organization’s talent needs. In short, it’s becoming tougher and tougher to attract capable candidates. Scanning but a few of …

The Rise and Impact of Paid-Sick-Leave Laws

Paid Sick Leave Laws

By Teresa Foltz and Kelly Wells Originally published August 5, 2019. Paid-sick-leave mandates for private employers continue to gain momentum across the United States. While there is presently no such mandate at the federal level, eleven states and even more individual cities (as of the date this post was published) have enacted some form of …

Improving Finance and Accounting Technology Systems

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It’s common for decision makers in growing companies to mentally survey their finance and accounting technology stack and realize that most of the information they receive originates from Excel or other disconnected applications. They also often conclude that most of their internal control points are similarly Excel-based, or at least managed by people that are …

Compensation and Salary Benchmarking Practices

Compensation Salary Benchmarking

Retention 101: Benchmarking Employee Compensation People power businesses and labor costs typically represent a company’s highest expenditure. It’s imperative that employers understand how their respective job roles are valued in the market and how that compares to their own compensation practices. Employers reach this understanding through the practice of compensation benchmarking. Also referred to as …