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" ... A crucial element of your holiday play book is your holiday labor plan. Labor, being your most controllable expense, must be budgeted and scheduled to effectively meet the seasonal operational and sales needs of your unique retail segment. Many retail operators add staff too late in the season to adequately train and prepare for the holiday rush. Those who hire earlier often benefit from more stable, better trained, motivated and customer service-oriented associates. Associates brought in earlier in the season tend to be more productive simply because they have had more time to acclimate and can navigate the seasonal merchandising and selling challenges with more confidence. As you prepare for the 2020 holiday season, think back to last year and ask your store team: ... "
" ... Carro says the club has budgeted for not having fans back in its 30,000-capacity BayArena until the end of the season. He does not expect to see full stadiums in the Bundesliga until the second half of next season. ... "
" ... The Department of Defense’s top line funding increased by 27% from $560 billion in 2015 to $713 billion in 2020. The share of allocation to the Army, Navy, Air Force, and combined forces stands at around 25%, 30%, 29%, and 16% of DOD’s total budget, respectively. While the Army’s budgeted amount mainly includes spending on military personnel and operational & maintenance tasks (77% of the Army’s budget), the Navy and Air Force spend nearly 40% of their budget on procuring supplies including helicopters, artillery, ships, etc. Interestingly, the U.S. Air Force has increased its procurement budget by 54% since 2015. ... "
" ... The job responsibilities – i.e., what the role requires day-to-day and what results the new hire is expected to produce — is another way to approximate pay and more detailed and nuanced than what a job title can convey. Two jobs can have a similar title, say Director, but if one is responsible for a larger team, larger budget, larger region and/or larger impact on the employer’s bottom line, then you can probably assume that it offers a higher salary than a smaller scope of responsibilities. I say “assume” because some employers will have high expectations but may not have the budget to match. I once had a client who was interviewing for a job that involved launching an initiative across several countries, which could potentially add tens of millions of dollars to the company’s bottom line. Yet, the role was budgeted at a similar salary to a junior manager. Job responsibilities might approximate pay, but not always. ... "
" ... To use a less dramatic example, let’s say a business budgeted $100 for customer retention. How should that $100 be used? Should the full value be given to the highest-risk customer in an attempt to retain that customer? Or should it be split among multiple customers? This depends, of course, on what the company is trying to accomplish. If the goal is to minimize the total number of customers lost, that might lead to an allocation that distributes the $100 broadly. However, if the goal is to maximize profit from current customers, that might lead to a more targeted allocation to get more “bang for the buck.” ... "