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Quote Your Consulting Billing Rate with Confidence

Successful Independent Consulting

Benchmark so you know your rate is reasonable. Remember, even your higher rate will be cheaper in comparison.) It’s a matter of what they’re used to and their operating margins. For example, a grocery chain with a 2% operating margin is likely to be much more cost conscious than a medical device company with margins over 80%.

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Bank Valuation: Understanding Key Ratios and Metrics

Tom Spencer

Efficiency ratio The efficiency ratio measures effective cost management and operational efficiency, and is defined as non-interest expenses divided by revenue. Some important considerations include: industry and peer comparisons, historical performance analysis, market conditions, and macroeconomic factors.

Metrics 88
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Ukraine PM Accuses Russia of Wanting WWIII; Kiev Forces Block Rebel Town; Russia Issues Downbeat Economic Statement

MishTalk

On Friday, April 25th, Russia’s central bank raised its benchmark interest rate by 50 basis points to 7.5 For comparison, the economy grew by 3.4% The key principle in the antiterrorist operation?.?.?.?is Ukrainian officials described their crackdown as the “second stage” of an operation that began on Thursday.

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Zero-Based Budgeting Is Not a Wonder Diet for Companies

Harvard Business

Traditional ZBB implementations focus almost exclusively on simple SG&A , in part because SG&A benchmark data is far more readily attainable than are relevant data from the core functions of comparable companies.

Company 33
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The Case Against Pay Transparency

Harvard Business

Transparency creates an expanded playground for our comparisons, potentially heightening our attention and obsession with it and elevating the negative emotions and behaviors that result. It is hard to imagine a policy change that does more to place pay comparison in everyone’s face than pay transparency.

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Why We Need to Stop Obsessing Over CEO Pay Ratios

Harvard Business

The pay ratio is also a misleading statistic because CEOs and workers operate in very different markets, so there is no reason for their pay to be linked — just as a solo singer’s pay bears no relation to a bassist’s pay. This consideration explains why CEO pay has risen much more than worker pay.

Talent 33
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How B2B Software Vendors Can Help Their Customers Benchmark

Harvard Business

Mainstream software companies are beginning to hold “ data mirrors ” up to their customers, allowing scoring and benchmarking of their customers’ strategies. One of its business units, Fieldglass, provides insights and benchmarks to customers on external workforce management.