Wednesday, November 27, 2019

Fortune 500 2017 Rankings

Fortune 500 2017 RankingsFortune 500 2017 RankingsFortune 500 2017 RankingsOn Wednesday, June 7, Fortune magazine released this years Fortune 500 rankings marking the 63rd running of the list. In total, Fortune 500 companies represent two-thirds of the U.S. GDP with $12 trillion in revenues, $890 billion in profits, $19 trillion in market value, and employ 28.2 million people worldwide.Key InsightsFor the fifth consecutive year, Walmart tops the Fortune 500 list with $485 billion in revenue.Berkshire Hathaway leaped over Apple to reach the No. 2 spot, its highest ranking ever.The most profitable company on the list continues to be Apple with $46 billion in profits despite at 7.7% drop in sales and takes the No. 3 spot overall.Overall revenues were up 0.5%, or $61 billion, over 2015 reflecting the economys slow but steady growth.The total number of people employed at Fortune 500 companies rose 1% from 27.9 million.This year marks a noticeable gain in women CEOs for Fortune 5000 compan ies which have been little changed for a number of years. Still small less than 10 percent of the CEOs for Fortune 500 companies are women it is a big increase from 21 female CEOs on belastung years list to 32 this year.15 companies fell off the Fortune 500 listan improvement from the 29 companies that fell from last years list. The majority fell as a result of the long-term oil glut, which clobbered revenues for energy companies.2017 Fortune 500 Top 10 (Annual revenue in millions)Walmart, $485,873Berkshire Hathaway, $223,604Apple, $215,639Exxon Mobil, $205,004McKesson, $192,487UnitedHealth Group, $184,840CVS Health, $177,526General Motors, $166,380ATT, $163,786Ford Motor, $151,800The top 10 companies make up just 2 percent of the list but combined have revenue of $2 trillion, or 18 percent, of all Fortune 500 companies.Top 10 Biggest JumpsNewell Brands, up 226 spotsCharter Communications, up 196 spotsXPO Logistics, up 162 spotsFrontier Communications, up 148 spotsJ.M. Smucker, up 106 spotsFidelity National Information Services, up 91 spotsPulteGroup, up 80 spotsZimmer Biomet Holdings, up 79 spotsCore-Mark Holding, up 70 spotsWEC Energy Group, up 69 spotsFive companies jumped over 100 spots primarily the result of acquisitions. Newell Brands moved 226 spots which had acquired Jarden at the end of 2015. Charter Communications acquired Time Warner Cable and moved 196 spots.The Top 10 Most Profitable (Annual profit in millions)Apple, $45,687J.P. Morgan Chase, $24,733Berkshire Hathaway, $24,074Wells Fargo, $21,938Alphabet, $19,478Bank of America Corp., $17,906Microsoft, $16,798Johnson Johnson, $16,540Citigroup, $14,912Altria Group, $14,239The overall profits for all Fortune 500 companies are up 6% from the year before even though 62 companies operated at a loss during the last fiscal year with a combined profit loss of $63 billion. This is an improvement from the previous list in which 55 companies operated at a combined profit loss of $132 billion.The Top 10 B iggest EmployersWalmart, 2.3 million employeesKroger, 443,000employeesYum China Holdings, 420,000employeesIBM, 414,400employeesHome Depot, 406,000employeesMcDonalds 375,000employeesBerkshire Hathaway, 367,700employeesAmazon.com, 341,400employeesFedEx, 335,767employeesUPS, 335,520employeesThis year marks the highest recorded total historically for the Fortune 500 list at 28 million people.32 companies employ more than 200,000 people and many areconsumer facing. Consumer facing companies tend to hire more people compared to a technology company that can typically scale their business with fewer resources due to the nature of the work involved.Fortune 500 Newcomers (Annual revenue in millions)Hewlett Packard Enterprise, $50,123Synchrony Financial, $15,122Alcoa, $9,318Tesla, $7,000Ascena Retail Group, $6,995 (No. 523, 2016 Fortune 1000)Nvidia, $6,910 (No. 508, 2016 Fortune 1000)Yum China Holdings, $6,752Activision Blizzard, $6,608 (No. 532, 2016 Fortune 1000)Berry Global Group, $6,489Bu ilder FirstSource, $6,367 (No. 637, 2016 Fortune 1000)TreeHouse Foods, $6,175 (No. 686, 2016 Fortune 1000)Intercontinental Exchange, $5,958 (No. 529, 2016 Fortune 1000)Adobe Systems, $5,854 (No. 524, 2016 Fortune 1000)American Tower, $5,786 (No. 526, 2016 Fortune 1000)Patterson, $5,555 (No. 559, 2016 Fortune 1000)AmTrust Financial Services, $5,451 (No. 531, 2016 Fortune 1000)Chemours, $5,400Liberty Media, $5,276 (No. 525, 2016 Fortune 1000)Michaels Cos., $5,197 (No., 517, 2016 Fortune 1000)Vistra Energy, $5,164Twelve companies from last years Fortune 1000 list made the Fortune 500 list for the first time. The newcomer list includes some rising tech companies, including Elon Musks electric car company, Tesla, and the prior video game company, Activision, now a film and e-sports company. Another noteworthy company to watch is YUM China which is succeeding in a very huge market.Full Fortune 500 List

Friday, November 22, 2019

Jobs Rated Report 2016 Ranking 200 Jobs

Jobs Rated Report 2016 Ranking 200 Jobs Jobs Rated Report 2016 Ranking 200 Jobs Jobs Rated Report 2016 Ranking 200 JobsBy CareerCast.comThe job landscape never stops evolving. One needs to look no further than the 2016 CareerCast.com Jobs Rated report, now in its 28th year.Over the course of nearly three decades, changes to the economic and career environment have rendered once desirable jobs now almost nonexistent. In their place come exciting new job prospects. New serves as a central theme for the 2016 Jobs Rated report. Careers newly added to the report made a splash.What these latest changes tell us is how the 2016 job market and its outlook for the immediate future are shaped. IT, healthcare and mathematics are represented in those three positions, and in the current landscape, these are the cornerstone industries leading the way. That could and almost assuredly will change when the 56th Jobs Rated report is released, make no mistake. How it changes is the real question.For a c omplete breakdown, view the Jobs Rated methodology.This report ranks 200 jobs by criteria such asWork environmentStress levelHiring outlookMedian Income, etc.Mechanical Engineers ranked 58 with a good work environment a low stress level, a solid hiring outlook and an average income of about $83K...Included in the 200 jobs, several other engineering jobs made the list14 Biomedical engineers20 Petroleum engineers37 Environmental engineers38 Civil engineers58 Mechanical Engineers60 Aerospace engineers78 Industrial engineers85 Electrical engineers113 Nuclear engineersReprinted with permission from CareerCast.com, Adicio Inc. All rights reserved.See the full article

Thursday, November 21, 2019

What Is Included in an Employment Credit Check

What Is Included in an Employment Credit CheckWhat Is Included in an Employment Credit CheckWhen applyingfor jobs, you make sure yourresumeandcover letterare well written, up to date, andtargetedto show that you are the best candidate for theposition. When you go to an einstellungsgesprch, you do thoroughresearch on the company beforehandandpractice answering typical interview questions. However, one thing you mightleid think to prepare for is anemployment leistungspunkt check. In addition tohintergrund checks, some employers alsorun leistungspunkt checkson applicants and usethat information to make hiring decisions. ANational Association of Professional Background Screeners (NAPBS)survey reports 95 percent of employers conducted some type of employment background screening, 31 percent ran credit checks on some applicants, and 16percentchecked the credit of all applicants. A CareerBuilder survey reported that 29% of employers who responded checked credit. Most background screening oc curred after aconditional job offer. Most often, employers checkthecreditofthoseapplyingfor jobs that deal with money. For example, jobs that require confidentiality and financial integrity (including positions in banking, accounting, and investing) will likely require credit checks. The best way to prepare for an employment credit check is to know what is inyours. What is (and is Not) Included in an Employment Credit Check An employment credit check is one of many common background checks. Employers who check an applicants credit typically use a third-party company. An employment credit report includes identifying information, such as your name, address, previous names and addresses, andSocial Securitynumber. It also shows the debt you have incurred, including credit card debt, mortgage and car payments, student and other loans, and your payment history of those debts and loans- including late payments. However, there is certain information that is not included in an employment credit report. For example, your dateofbirthis not included on the report. It also does not include your credit score. Laws Restricting Credit Checks TheFair Credit Reporting Act(FCRA) is the federal legislation that sets the standards for employment screenings, including credit checks. Under the FCRA, here are some things employers must do (or must not do) when conducting a credit check on a potential or current employee The employer must get your written approval.Before an employer conducts a credit check on you, the company must notify you in writing and get your written authorization. If you do not consent to the credit check, the employer might go forward with theinterview process, but he or she may also reject your application on the spot. The report cant include old information.Generally, the credit report cannot include negative information that is sevenormorayears old. It also cannot include bankruptcies that aremorethan 10 years old. There are lawsregardingbankruptcy information.According to the FCRA, you cannot be discriminated against solely because you filed for bankruptcy. However, bankruptcies are public record, so it is easy for employers to obtain the information. You must be told if the report is used against you.If the employer does not hire you because of the report, the company mustinformyou. The employer alsomustgive you the contact information for the third-party agency used to get your credit report. You can see what is in the report.You have a right to receive a copy of your credit report for free. You alsoareentitled to a free report any timeitis used against you by an employer. You can dispute the information.Ifthedatainthe report is inaccurate, you can dispute thefindings. Here is more information onhow to dispute errors in credit reports. Some cities and states have laws that restrict or prohibit employment credit checks. Check with your states department of labor if you want to know the local laws about credit checks. Lega l Issues with Credit Checks TheEqual Employment Opportunity Commission(EEOC) oversees employer practices regarding applicant credit checks. If you suspect that an employer has used credit checks to negatively impact candidates because of race, ethnicity, age or gender, you can report the organization to the EEOC. Most states allow employers to utilize credit reports in a fair and equitable manner within the hiring process. However, some locations have regulated the use of credit reports and placed restrictions on how the information can be used. California, Colorado, Connecticut, Hawaii, Illinois, Maryland, Nevada, Oregon, Vermont, Washington, and other states have statutes on the books limiting the use of credit reports. In these states, the use of credit checks is restricted to specified occupations or situations where financial transactions or confidential information are involved. Many other states have legislation pending that might prohibit the use of credit reports by employ ers, or place restrictions on their use. In addition, some localities also have restrictions and prohibitions on job applicant credit checks. For example, New York City prohibits credit checks on most job applicants. Exceptions include top-level executive candidates with fiduciary responsibilities, and applicants who would manage assets or oversee financial agreements worth more than $10,000. Chicago and Philadelphia also are among cities that restrict the use of employment credit checks. How to Prepare for a Credit Check The best way to prepare for a credit check is to get a copy of your credit report as soon as possible. This way, you can check for any issues or errors, and dispute them before an employer sees them. You are legally entitled to one free copy of your credit report every year from each of the three nationwide credit reporting companies. Here is more information onhow to access your free credit reports. If you know that a credit check is going to turn up questiona ble issues, its a good idea to be honest with the company and address those issues up front, but only when you know for sure that the employer intends to do a check. It is best to mention such issues on a need to know basis. When the employer asks permission to run the check, you should explain as succinctly and honestly as possible what they might find, and what you have done to rectify the situation. Keep in mind that red flags on a credit report dont automatically mean you wont get the job. Particularly if you went through a period of unemployment, or some other financial hardship- which so many of us have- the hiring manager might make a case for offering you a job despite what they find out about your past. The information contained in this article is not legal advice and is not a substitute for such advice. State and federal laws change frequently, and the information in this article may not reflect your own states laws or the most recent changes to the law.