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If money is tight, there are options (see “Encourage collaboration between HR and finance staff” section below). Generally, direct reports shouldn’t exceed 90 percent of their supervising manager’s salary. Encourage collaboration between HR and finance staff. Consult legal counsel. A good rule of thumb to remember?
Alma Derricks, a senior partner in the consulting practice Korn Ferry, specializes in culture change and innovation. Institute, a social finance and enterprise development studio in the Twin Cities. She also owns consulting firm Social Impact Now, which focuses on impact investing.
I had a brief career in IT consulting, after which burnout caused me to hop around for a few years to decompress, doing mostly warehouse and retail. He’s been trying to get me to do financial analysis as well (I do not have a finance/accounting background).
I supervise the day-to-day tasks of and serve as a resource for a coworker, but we share a boss. They plan to get married when they are done with school and he has a background in accounting and finance with experience working for a bank. You’re consulting for them; you’re not an employee. It’s five answers to five questions.
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