Tag: Companys

4 Critical Things to Look for in Your Company’s 401(k) Plan | Personal-finance

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3. The vesting schedule

“Vesting” is simply a fancy word for letting employees know when the money in their retirement plans is actually theirs to keep. Some companies require you to be employed for one or two years before they’ll allow employer contributions to vest, meaning if you leave the company within six months of starting, you’ll lose any amounts that your employer contributed to the plan. Many employers tend to allow money that you’ve contributed directly to vest completely and immediately, and often have stringent vesting of employer-contributed money. The best advice here is to simply know the schedule, and know what’s expected of you in order to keep the money that’s been earmarked for you. If you’re in line for sizable vested amounts by simply staying at the company for another few months, that needs to be included in any stay-or-go calculation.

4. Loan

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Enter Fast Company’s 2021 World Changing Ideas Awards

Fast Company is looking for the best products, concepts, companies, policies, and designs that pursue innovation for good for its World Changing Ideas Awards, now in their fifth year. We want to honor clean technology, innovative corporate initiatives, brave new designs for cities and buildings, creative works that help drive change, the ways companies are responding to the pandemic, and so much more.

The winners will be featured in the May 2021 issue of Fast Company and online on Fastcompany.com. Among the honorees for 2020 were a new kind of thread made out of trees, glasses that talk to the visually impaired, a solar-powered fridge to keep things cold in communities without an electrical grid, and many more. We’ll also be naming an all-around general excellence winner and a world-changing company of the year for anyone who submits multiple entries that show a record of innovation. To get a sense

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Analysts warn of Boeing talent drain, question company’s long-term strategy | In depth

A cadre of departing mid-level Boeing staff has raised questions about whether the company could find itself short of critical expertise needed to advance future commercial aircraft programmes, say aerospace experts.

Bloomberg reported on 26 September that 170 Boeing vice-presidents and other middle-tier staff, including 70 commercial aircraft employees, have taken buyouts. The first of those will depart the company on 2 October in exchange for one year of salary.

boeing building

Boeing insists staff cuts will not degrade its ability to compete. But some industry experts express surprise at how many skilled workers are leaving, warning that Boeing must be careful not to cut too deep.

“We are witnessing the departure of a critically talented, experienced segment of the Boeing executive workforce. And that you cannot replace easily,” says Michel Merluzeau, aerospace analyst with consultancy AIR.

“The response has reportedly been really strong to the voluntary layoff packages,” he adds. “I

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Boeing Appoints Marc Allen Chief Strategy Officer and names Chris Raymond as Company’s First Chief Sustainability Officer | News

CHICAGO, Sept. 17, 2020 /PRNewswire/ — The Boeing Company (NYSE: BA) today named B. Marc Allen as chief strategy officer and senior vice president, Strategy and Corporate Development, reporting to President and CEO David Calhoun. The company also announced Christopher Raymond as the company’s chief sustainability officer, a newly created position reporting to Executive Vice President, Enterprise Operations and Chief Financial Officer Greg Smith. The appointments are effective Oct. 1.

Allen, first appointed to the company’s Executive Council in 2014 as president of Boeing International, will now take on responsibility for the enterprise’s overarching strategy, including long-term planning; global business and corporate development; and strategic investments, acquisitions and divestitures. He most recently served as president of Embraer Partnership and Group Operations, leading the associated business and integration teams, before terminating the partnership in April 2020. Before joining the Executive Council, Allen served in leadership positions

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Boeing Appoints Marc Allen Chief Strategy Officer and names Chris Raymond as Company’s First Chief Sustainability Officer

CHICAGO, Sept. 17, 2020 /PRNewswire/ — The Boeing Company (NYSE: BA) today named B. Marc Allen as chief strategy officer and senior vice president, Strategy and Corporate Development, reporting to President and CEO David Calhoun. The company also announced Christopher Raymond as the company’s chief sustainability officer, a newly created position reporting to Executive Vice President, Enterprise Operations and Chief Financial Officer Greg Smith. The appointments are effective Oct. 1.

Allen, first appointed to the company’s Executive Council in 2014 as president of Boeing International, will now take on responsibility for the enterprise’s overarching strategy, including long-term planning; global business and corporate development; and strategic investments, acquisitions and divestitures. He most recently served as president of Embraer Partnership and Group Operations, leading the associated business and integration teams, before terminating the partnership in April 2020. Before joining the Executive Council, Allen served in leadership positions

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Mastercard Incorporated Publishes Updated Third-Quarter 2020 Operating Metrics on Company’s Website

Mastercard Incorporated (NYSE: MA) today published updated operating metrics for its third quarter through the week ending August 28, 2020. The metrics are available on the company’s Investor Relations website at investor.mastercard.com and have also been filed with the Securities and Exchange Commission (SEC) on a Form 8-K.

About Mastercard Incorporated (NYSE: MA), www.mastercard.com

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

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