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9.6% average salary increase for India Inc in 2024: EY Future of Pay 2024 report

CFO News

in 2023, and it is expected to gradually decline further as companies prioritize cost management and employee well-being. The second edition of EY's 'Future of Pay 2024' report predicts that India Inc will witness an average salary increase of 9.6% in 2024, similar to last year. Overall attrition fell to 18.3%

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Driver-based planning: the best of basics

Spreadym

Driver-based planning is a strategic planning approach that focuses on identifying and prioritizing key drivers or factors that have a significant impact on the performance and success of a business. Cost management: Controlling costs and optimizing resource allocation is crucial for profitability.

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E78 Partners Announces Strategic Acquisition of Private Equity-Focused Finance and Accounting Firm Outliers LLC

E78 Partners

Prioritizing partners that share our client-focused ethos and deliver value to their clients is key. E78 provides a comprehensive suite of accounting, finance, technology, outsourcing and cost management solutions that improve performance, drive growth and help achieve clients’ goals.

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Cash Flow Management: Key Steps

Spreadym

Implement just-in-time inventory systems or consider dropshipping to reduce holding costs. Manage Debt Wisely: Review your debt obligations and their interest rates. Capital Expenditure Planning: Carefully plan capital expenditures and prioritize investments based on their impact on cash flow and business growth.

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From Necessary Evil to Mission Fuel: The Strategic Role of Nonprofit Financial Statements

The Charity CFO

Statement of Functional Expenses Financial Uses Expense Analysis : Helps analyze and categorize expenses by their functional nature, such as program services, management and general, and fundraising. Financial Reporting : Provides a comprehensive view of the organization’s expenses.

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Mobile Order-Ahead: It’s Not Just For Restaurants

PYMNTS

Other factors that give hoteliers pause are integration with their existing electronic POS system, maintenance and ongoing costs, management and staff training, payment integration and customer uptake, according to Wi-Q’s survey.

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Why Regional Supermarkets Need To Change Their Strategy

PYMNTS

What’s more, our analysis shows that regional grocery gems prioritize three actions to maintain their momentum and survive the transition to a more digital and concentrated industry,” says the report. Is cost management a core strength?”. Strong private labels are key, and must generate 30 percent or more of sales.