Insights
Payment Options for Today’s Talent Profiles: The Workforce of the Future Is Here—Is Your Pay Model Ready?
Organizations are working on more flexible payment options, including same-day pay, as an incentive to attract and retain top talent within a tight and “gig” economy-focused labor market.
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Changing Finance Skillsets in a Digital World: How the Wave of Technology Is Changing the Skillsets Financial Employees Need
A DAY IN THE LIFE OF SUSAN
Susan, a well-respected director at a large multinational luxury retail corporation, walks in on Day 1 of the monthly close process. Susan begins to review a new set of reports that were just run prior to her arrival. The data visualization report shows the validated month-end activity sitting in the distributed ledger, as well as a forecast of the month-end revenue and expenses.
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The Race to Recruit: How Leading Healthcare Organizations Are Winning the Talent Acquisition Challenge
The workforce shortage is changing the way healthcare organizations attract, engage, and retain talent. The race to recruit is on.
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Spinning Our Wheels: How Nuclear Plant Closures Threaten to Offset Gains from Renewables
The United States has worked to combat climate change by focusing on lowering the greenhouse gas (GHG) emissions from the electric generation sector. One key strategy has been to invest in the growth of renewables, principally solar and wind. This strategy, underpinned by tax incentives, has helped wind and solar grow from 1.3% in 2008 to 8.8% in 2018 of the electricity produced in the United States. Adding that to existing hydro and nuclear (both GHG emission free), the United States now gets 35.2% of its generation from clean sources (chart 1). That is the good news.
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The Energy Industry Update – Volume 19 – Issue 1
Themed “How Soon Is Now?,” this edition of the ScottMadden Energy Industry Update explores how the industry is answering the call for change. Clean technologies are advancing (e.g., battery storage, renewables, distributed energy resources, small modular reactors), and all may have a role to play, but how soon? In the meantime, the industry continues to focus on resiliency and what that means for the grid, pipelines, and the generation mix
New York Energy Storage Order
Introduction
On December 13, 2018, the New York Public Service Commission (PSC) issued an Order[1] setting energy storage targets for New York state and establishing policies to drive energy storage development. The Order enacted many of the recommendations from the New York State Energy Storage Roadmap,[2] published in June 2018 by the New York State Department of Public Service (DPS) and New York State Energy Research and
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Employee Spotlight: Kim Dao
Kim Dao
Some days require taking a step back. New ideas or perspectives often come when you temporarily disconnect.
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Global Trends in Financial Shared Service Center Locations
A Discussion of Key Findings Related to Location Considerations
In January of 2019, ScottMadden’s Brad DeMent and Trey Robinson delivered a webinar to discuss the results of the latest finance shared services benchmarking study. The study was designed by ScottMadden and surveys were administered by APQC over four cycles: spring/summer 2014; spring/summer 2015; summer/fall 2016; and spring/summer 2018. The scope of the study covers the following topics for an in-depth analysis of financial shared service centers (SSCs): Delivery model, scope of services, staffing, location, performance, and technologies leveraged.
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