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Contingent workers are no longer the exception, but part of the norm. The expanded workforce opens up a world of possibilities for financial leaders, according to Rebecca Senni Leventhal, founder and CEO of Atrium, a New York City-based workforce management and staffing firm. She also shares the benefits of hiring these flexible workers and the considerations leaders should keep in mind to leverage this resource for success. Some estimate that more than 35 percent of the workforce is now made up of temporary workers. Can you talk about how using contingent workers or independent contractors differs from a company hiring…

downward angle icon An icon in the shape of a downward facing corner. Getty Images The economy has given recession warnings, which have only been wrong once in the past 120 years. Top economist Lakshman Achuthan said ECRI's leading economic index has started declining over the past year. He added that GDP growth and job markets are also weak in some areas, which could lead to difficulties for the United States. Lakshman Achuthan, a top economist, said the U.S. economy is issuing typical recession warnings, but only once in the past 100 years has there been a false positive.The business…

Parisa Bartonstaff writer The university's Mayo Business Plan Competition concluded its final round on March 27, with Golden Connections taking home the first prize of $30,000. The competition began with over 25 teams. Six teams were invited to the semi-finals in February. From these, three teams were selected to advance to the finals in March. The Golden Connections team consisted of senior marketing major Lauren Cunningham, associate chemistry major Emma Root, and senior biology major Sangam Sivaprasad. Former Business School Dean William Keep and Finance Faculty Emeritus Herbert 'Buddy' Mayo launched a business plan competition in 2011, funded by an…

Less than six months after filing for bankruptcy, which seemed doomed, Volta Trucks reemerged from the ashes with redeemable capital and a sloppy business plan. Commercial EV startups could resume work delivering electric last-mile trucks to customers this year. Volta Trucks is a UK-based commercial EV startup that has spent almost four years making initial deliveries of its flagship commercial truck, the Volta Zero. We've reported on much of that journey, from a simple vehicle design sketch in 2019 to a prototype launch in less than a year. Several rounds of funding have been confirmed with numerous pre-orders for the…

With January 2024 just around the corner, most companies have concluded their dialogue sessions with shareholders and proxy advisors and have begun the unenviable task of drafting their annual proxy disclosure statements. These efforts are aimed at hearing what compensation, governance, environmental and social (E&S), or sustainability risks investors may perceive and how to avoid future negative voting decisions. The emphasis was on In response to this feedback, companies are now asking themselves how much information they need to disclose in their 2024 proxy statements. For many companies, investor outreach has become an annual tradition with the goal of building…

What are the key challenges for today's CFOs? Mimi Carsley, CFO and Treasurer at Jack Henry, based in Monett, Missouri “I look forward so I can steer the car.” A technology provider serving communities and regional financial institutions. Additionally, the finance function needs to be the neutral “Switzerland” of the organization, providing unbiased data to support decision-making, says Carsley. She believes CFOs are best placed to create an organization's “common language” that allows all talent to function as a unified force. What do you think is a CFO's top priority and how has the CFO role evolved? The core determinants…

LinkedIn is more than just a monastery for buttoned-up office avatars and thinkfluencers. LinkedIn has long served as an online advertising platform for B2B marketing, recruiting campaigns, audience expansion, and more. LinkedIn on Thursday announced new connected TV ad placements that will allow B2B marketers to stream shows and movies while targeting audiences off-platform. Through his LinkedIn Campaign Manager, clients can purchase streaming ads from his CTV publishers such as Roku, Samsung, and NBCUniversal. The nature of LinkedIn and the way members use the platform has made it clear that we need to help marketers reach their target LinkedIn members…

board movement Haleon's chief marketing officer will join the premium food retailer as a non-executive director on June 1 this year. Image: RedConfidential/Shutterstock.com The Board of Greggs plc has announced the appointment of Tamara Rogers as an independent non-executive director with effect from 1 June 2024. Upon her appointment, she will serve on the Audit, Compensation and Nominating Committees. Rogers is currently Chief Marketing Officer of Haleon plc, a global consumer healthcare company listed on the FTSE100. She has over 30 years of experience across a variety of commercial and marketing roles. Rogers joined GSK in 2018 and spent approximately…

Sustainability reports reveal a gap between affected companies and those whose boards say they are addressing climate risks, the OECD has found. The number of boards overseeing climate risk is likely to be lower than the number considering climate change to be a “financially material” issue, according to a developed economy think tank. The Organization for Economic Co-operation and Development (OECD) has revealed that 53% of companies by global market capitalization say their boards are sensitive to climate risks. However, the number of companies responding that climate change is a significant risk reaches 64%. The OECD said this “suggests the…

JPMorgan Chase has announced a new organizational structure for its Global Banking (GB) business. According to a memo provided to PYMNTS by JPMorgan Chase on Thursday (April 4), the GB business currently combines the bank's commercial, corporate and investment banking lines. “Our new GB franchise will strengthen collaboration between these teams and enable us to unleash the power of the company to help our clients succeed.” Filippo Gori and Doug Petno I wrote it in a memo. The Commercial Banking segment includes the bank's traditional commercial real estate, community impact banking, middle market banking and specialty industrial businesses. John Simmons.…