A: Individuals who are eligible for H-1B temporary worker visas, but failed to secure one could receive an O-1 visa instead. It all depends on whether the individual applying meets the more stringent requirements and can make a solid case for why they should be permitted to enter the country.What Is an O-1 Visa?The O-1 nonimmigrant visa is for individuals with &q...
A: Human capital describes employees' knowledge, skill sets and motivation that provide economic value to a firm. It is important for a firm to engage in developing its employees' human capital to grow the firm. Improving employees' human capital will result in higher morale, increased productivity and a sense of belonging to a firm. Human capital is not static and can be improved thro...
A: Suppose one sporting goods manufacturer merges with another sporting goods manufacturer. Before the merger-and-acquisition (M&A) deal, each company had its own workers dedicated to producing, advertising, analyzing, accounting and other tasks. Following the M&A deal, some employees may be redundant. In the short term, this means that employees for both companies may need ...
A: The 'FIG' at an investment bank usually refers to the financial institutions group - a group of professionals that provides investment banking and merger and acquisition expertise to financial institutions. In order to provide more tailored services, some investment banks further segment their areas of expertise under the financial institutions group into a banking or financial services...
A: Timothy D. Cook ascended from a small-town in Alabama to become the head of a global corporation, Apple Inc. Educated as an engineer and a businessman, Cook employed his skills in the computer industry, primarily in positions related to procurement and management of product inventories prior to joining Apple.EducationCook graduated second in his class at Robertsdale High School, Alabama, in 197...
A: Apple CEO Tim Cook has a managerial style could be broadly defined as democratic.Rather than standing in complete contrast to former Apple CEO Steve Jobs, Cook appears to have adopted some of the legendary entrepreneur's existing practices and developed a uniquely blended leadership mantra.Many were concerned that Cook lacked the bold visionary style of Jobs, but he has stren...
A: Berkshire Hathaway pays Warren Buffett a $100,000 annual salary, technically speaking. For the past 25 years, his salary has remained the same, but his other benefits have fluctuated with the stock market, particularly with the value of Berkshire Hathaway. His substantial wealth, valued at approximately $66.6 billion in 2014, was created by smart investing. Shares of his investment company, Ber...
A: The life of a financial professional involved in the field of mergers and acquisitions can, like any line of work, vary considerably from person to person and from company to company. However, there are some common experiences that most M&A professionals share.If you're working in investment banking on M&A, you'll either be on the buy side or the sell side of the deal. On the se...
A: As of 2015, the federal minimum average hourly wage for waiters and bartenders is $2.13 per hour before tip income is included. However, individual states are free to enact laws that raise the minimum wage above the federal level and 44 states have done this in some capacity. Thus, hourly pre-tip wages vary from a minimum of $2.13 per hour in states such as Georgia and Tennessee to $9.47 per ho...
A: As of 2014, the average starting salary for someone with a finance degree is $57,300. This figure makes a finance degree the eighth most valuable college degree and the only one associated with high entry-level pay rates not in a tech field.The amount earned from a finance career varies based on which type of position is pursued. For example, a financial analyst with a finance degree is li...
A: The Bureau of Labor Statistics' Occupational Outlook Handbook states that in 2012, the median wage for a bank teller was $11.99 per hour, which equates to an average salary of $24,940 per year. The number of people employed in bank teller finance career positions is not expected to vary by more than 1% between 2012 and 2022; however, bank teller job prospects were considered excellent, beca...
A: While the average yearly salary of a chief financial officer (CFO) can vary based on a number of factors, the median compensation for a CFO in the United States as of November 2017 is $313,541 per year, according to Salary.com. CFOs within the bottom 10th percentile should expect to earn $177,928 per year, while those in the 90th percentile should expect to earn $473,450 per year.The prima...
A: A financial advisor is a professional who is engaged in the business of informing and educating clients about wealth, investment and other sorts of money matters – and sometimes managing these financial affairs as well. It's an umbrella term that includes stockbrokers, financial planners, investment advisors, tax preparers, bankers, insurance agents and estate planners.According to salary...
A: Loan officers review loan applications and analyze an applicant's finances to determine who is eligible for a loan, but they also educate consumers on loans, verify financial information and contact individuals and companies to see if they want to apply for a loan.The median yearly salary for a loan officer in 2016 was $76,260 per year or the equivalent of $36.67 per hour. According to the ...
A: While Warren Buffett is very difficult to contact personally, it is possible to contact Berkshire Hathaway, the multinational conglomerate holding company with which he made his fortune.Berkshire Hathaway has a public mailing address and email address that can be used to write to Buffett, although the communication will likely be read by one of his staffers and probably will not actually r...
A: There is understandable confusion between different financial professionals and their designations. Accountants and analysts are both important members of the financial sector, but sometimes the distinctions between the functions performed by the two are subtle – starting with the single letter that distinguishes a CPA from a CFA.A Certified Public Accountant (CPA) is a person who has complet...
A: Investment banking and commercial banking are two divisions of the banking industry that provide substantially different services. Investment banks expedite the purchase and sales of bonds, stocks and other investments and aid companies in making initial public offerings (IPOs). Commercial banks act as managers for deposit accounts for businesses and individuals, although they are primarily foc...
A: Insourcing is a business practice performed within an organization's operational infrastructure. Outsourcing, on the other hand, enlists the help of outside organizations not affiliated with the company to complete specific tasks. Outsourcing vs. InsourcingThe primary variation between outsourcing and insourcing is the method in which work is divided between various companie...
A: Led by renowned investor Warren Buffett, Berkshire Hathaway (BRK.A) is involved with multiple sectors of industry, facing different competitors in each one. In the diversified holding sector, Berkshire competes against challengers such as Leucadia National Corporation (LUK). Because many of its assets are insurance subsidiaries, Berkshire Hathaway is also a rival of large insurance firms such a...
