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2008

Aug 19      What's In the Stars? (Russian 5-star hotels don’t compensate better than their 4-star counterparts) (Read article)
      By Tatiana Veller and Ekaterina Gil
Language: English
What is the best way to start a career in the hospitality industry in Russia? After comparing the line staff salary data for 3-, 4-, and 5-star hotels across Russia in 2008, we have drawn a few surprising conclusions.

Jul 28      The Mental Shift to “Y” (Read article)
      By Christopher Mumford and Thomas Mielke
Language: English
The hospitality market is ever evolving, but hoteliers seem to struggle to adapt to recent changes in the work environment. Can they beat the constant labour shortage by embracing the values of the latest generation of hotel school graduates?

Jul 17      Big Brother is Watching: How Professional and Social Online Networks are Affecting the Face of Recru (Download file)
      By Lorenza Alessie
Language: English
An increasing number of people are joining online networks where one can find an incredible amount of information about people’s professional and personal lives. If used with caution, these online networks can be beneficial recruitment tools.

Jul 14      HCE India 2008 Salary Surveys (Read article)
      By Siddharth Choudhry
Language: English
HVS Executive Search, New Delhi is pleased to present a study of the salaries at hotels across India. The reports include data from 150 hotels covering 100 positions.

Jul 10      Top Hotel Industry Performers in a Turbulent Time (Read article)
      By Keith Kefgen and Becca Ickowicz
Language: English
CEO compensation in the hotel industry continues to be an important issue in the midst of an economic downturn. Based on our pay-for-performance model, Jon E. Bortz of LaSalle Hotel Properties was underpaid by 111.9% or $2.1 million in 2007.

Jul 7      The Importance of the Personal Touch  (Read article)
      By Christian Anklin
Language: English
Making a candidate feel truly wanted at the offer stage by personalizing the process.

Jun 28      Russia Moves Towards More Local Management in Hotels (Read article)
      By Tatiana Veller
Language: English
Over the past year, the number of expatriate employees in management-level positions in Moscow and St. Petersburg has decreased significantly in 3, 4 and 5-star hotels.

Jun 26      How does Chain Restaurant CEO Compensation Change with size? (Read article)
      By Brad Ellman
Language: English
The correlation between the market capitalization and compensation mix for CEO’s in chain restaurants is extremely low, in contrast to the positive correlation between market cap and CEO pay.

Jun 24      Pay to Stay (Download file)
      By Christopher Mumford
Language: English
At the risk of shareholder dissatisfaction, companies are awarding one-off bonuses to executives to keep them in place during tough market conditions. Is this a fad or do retention bonuses play an effective role in talent management?

May 29      Tatiana Veller speaks on Recruitment issues at the 2nd Hotel Management Conference in Kiev (Read article)
      By Tatiana Veller
Language: English
As HR issues become one of the primary concerns in the young, but rapidly maturing hotel industry in Russia and the former USSR, industry leaders start recognizing the importance of sharing experiences and facilitating knowledge transfer.

May 20      I’ll have the room that matches my dress please (Read article)
      By Lorenza Alessie
Language: English
There is an emerging group of guests who are looking for more individualized hotels. In response, hotel operators and developers have created new brands or partnered with well established brands to differentiate themselves from the competition.

May 8      Filling the Gaming Industry Need for Talent (Read article)
      By Howard Krieger
Language: English
You don’t have to think outside the box, the answer may just be in a different box.

Apr 28      The Lead Director (Read article)
      By Keith Kefgen
Language: English
A few years ago there was no such thing as a lead director on a public board. But when the CEO and the Chairman were the same person conflicts were clearly visible. This has been improving and in 2006, 25 of 41 Chairman were not the CEO.

Apr 22      HCE India Survey 2008 (Download file)
      By Manav Thadani and Siddharth Choudhry
Language: English
HVS Executive Search is pleased to announce the completion of the HCE Hospitality Compensation Exchange ® India Survey 2008. The survey report aims to provide the most comprehensive guide to all India compensation trends in the hospitality industry

Apr 5      Executive Compensation Comparison for Specialty Apparel and Big Box/Department Store CEO's and CFO's (Read article)
      By Brad Ellman
Language: English
Compensation comparisons uncover significant differences for CEO's and CFO's in the Specialty Apparel and Big Box/Department Store industries

Apr 1      Chasing Your Own Private Equity (Read article)
      By Christian Anklin
Language: English
HVS Executive Search explains the logic of granting equity to key executives, especially for startup scenarios or takeovers.

Mar 16      The Fight For Human Capital (Read article)
      By Avantika Singh
Language: English
The Indian economy is booming, however, the downside is the talent crunch. This article broadly strategizes for attracting and retaining talent in the hospitality industry: education and image change in the long term and HR issues in the short one.

Mar 5      "Hire them local!" (Read article)
      By Tatiana Veller
Language: English
Not so long ago, to fill the void in Housekeeping or Stewarding department, a Moscow or St.-Petersburg Hotelier just needed to bring some people from one of the former Soviet republics, where the labor market was poor. The situation has now changed.

Jan 11      HVS 2007 Gaming Edition of CEO/CFO Compensation Study (Read article)
      By Howard Krieger
Language: English
It is my pleasure to offer you a complimentary copy of our 2007 Gaming CEO/CFO Compensation Study. This study addresses trends in total compensation for these two senior level positions and I am confident you will find the report of interest.


2007

Dec 19      Shifts In Compensation (Read article)
      By Howard Krieger and Keith Kefgen
Language: English
Bonuses way up, stock options way down in HVS’s 2007 Gaming Industry CEO Survey.

Dec 19      Developing Developers (Download file)
      By Christopher Mumford
Language: English
The hotel development sector has been on fire of late and companies have been busy recruiting talent into their hotel development teams. Interestingly though most have been forced to look outside their own ranks for potential candidates.

Dec 13      Mansbach's Restaurant Monthly (Read article)
      By David Mansbach
Language: English
David Mansbach's Restaurant Monthly.

Dec 9      How Diverse is Your Hotel Company? (Read article)
      By Christian Anklin
Language: English
HVS Executive Search takes a closer look at the principle of diversity and examines the efforts of international hotel management companies in contrast to other industries.

Dec 3      HVS 2007 Retail Specialty Apparel and Big Box/Department Store Edition of CEO/CFO Compensation Study (Read article)
      By Brad Ellman
Language: English
It is my pleasure to offer you a complimentary copy of our 2007 Retail Specialty Apparel and Big Box/Department Store CEO/CFO Compensation Study.

Oct 23      2007 Chain Restaurant Edition of CEO/CFO Compensation Study (Read article)
      By David Mansbach
Language: English
The study addresses trends in total compensation for these two senior level positions and I am confident you will find the report of interest.

Oct 22      Things get Personnel in Dubai (Read article)
      By Lorenza Alessie
Language: English
Dubai has been one success story after another. Along with the success comes the challenge of sustainability and among the bigger challenges facing Dubai is the manpower shortage which will only become more imminent as Dubai continues to expand.

Oct 19      2007 Hotel Edition of CEO/CFO Compensation Study (Read article)
      By Keith Kefgen
Language: English
HVS Executive Search addresses trends in total compensation for the Hotel CEO/CFO. Although the report is geared towards board directors and compensation committees, anyone interested in compensation trends will be well served.

Oct 16      Executive Trends in Retail (Read article)
      By Brad Ellman
Language: English
Securing retail commerce has already begun with Congress now considering measures to improve oversight by boosting funding and stiffening fines.

Oct 9      A level playing field for salaries? (Download file)
      By Christopher Mumford
Language: English
The average hotel salary in London is £21,016, just below the UK average salary. For those looking to earn the most within their chosen profession of hotelier, Sales and Marketing should be the department to head for.

Aug 23      New Industry, Old Problems (Read article)
      By Tatiana Veller
Language: English
While the Russian hotel industry certainly had a unique start, today it shares many of the problems with the rest of the world.

Aug 9      Transatlantic Transfers (Read article)
      By Christian Anklin
Language: English
HVS Executive Search interviews Americans who have successfully transitioned into the European hospitality real estate industry in an effort to assess the feasibility of transatlantic transfers for European hires.

Aug 3      Maximizing on an Organizational Compensation Philosophy within the Chain Restaurant/Retail Industry (Read article)
      By David Mansbach and Brad Ellman
Language: English
Based on conversations with restaurant/retail business leaders and public documentation, too many companies are developing “boiler plate” compensation plans.

Jul 13      The 2007 Hotel Industry Board Survey (Read article)
      By Keith Kefgen and Jay Rehman
Language: English
In our annual survey of board performance we analyzed the public documents of forty-one public lodging companies.

Jul 10      The New Russian Hotel Managers (Read article)
      By Tatiana Veller
Language: English
Moscow is now a European market leader for hotel performance. What does the recent surge in hotel development in Russia mean for people doing the hiring? HVS Executive Search looked at the trends in staff composition and qualitative...

Jul 2      Human Resources: Remuneration and the Strength of the Industry (Download file)
      By Christopher Mumford
Language: English
Christopher Mumford's March 2007 article in Hotel Report Guide to UK Hotels.

Jun 26      Money for nothing? (Download file)
      By Christopher Mumford
Language: English
Once viewed as a cushy number for retirement years, the role of non-executive director has become one of weighty influence and responsibility. HVS looks at how remuneration of non-executive directors at UK hotel companies has adjusted accordingly.

Jun 19      Are Hoteliers Checking Out of the Boardroom? (Read article)
      By Lorenza Alessie
Language: English
Today’s public hotel companies are rarely lead by executives that have grown up in the business. Is the need for hands-on hotel experience a thing of the past in the boardroom?

Jun 8      The 2007 Hotel Industry CEO Survey (Read article)
      By Keith Kefgen and Jay Rehman
Language: English
Based on our pay-for-performance model, Bill McCarten was underpaid by 120.9% in 2006. The model takes into consideration three primary criteria, EBITDA/FFO growth, market capitalization and stock appreciation and compares that to total...

May 22      More Than Buildings Soaring In Dubai (Read article)
      By Christian Anklin
Language: English
Spiraling rent increases have become a severe burden on expatriate employees in Dubai. HVS Executive Search looks at how hotel companies have responded when determining expatriate compensation.

May 10      Creating Greater Transparency for the Shareholder Community (Read article)
      By David Mansbach
Language: English
The New SEC Executive Compensation Disclosure Requirements

Apr 23      Bellboy to General Manager – How Long Is The Road? (Read article)
      By Tatiana Veller
Language: English
Where do GM's come from? How do they start? How long is the road from entry-level position to a leather chair of GM's office? We took a look at a number of professionals from around the world to come to a series of interesting observations.

Apr 17      The Golden Parachute and the Tax Man (Read article)
      By Keith Kefgen
Language: English
IRS statute (280G) was enacted to control excessive payment to executives in the event of a Change In Control.

Apr 3      Backdating and Spring Loading Stock Options – The Dark Side (Read article)
      By Keith Kefgen
Language: English
The IRS has decided that employees who cashed in on backdated options may have increased tax liability and face significant financial penalties.

Apr 2      Older And Wiser? (Download file)
      By Christopher Mumford
Language: English
The average age and tenure of FTSE 100 CEOs is falling. HVS looks at whether the same trend is occurring in the hospitality sector.

Mar 28      The 2006 Hotel Industry Board Survey (Read article)
      By Keith Kefgen
Language: English
In our annual survey of board performance we analyzed the public documents of forty-four public lodging companies.

Mar 13      "Moscow's General Managers Are Overpaid - Myth or Reality?" (Part II) (Read article)
      By Tatiana Veller
Language: English
[English & Russian versions] Comparison of compensation packages awarded to hotel General Managers in key cities in Russia with other international markets.

Mar 9      Why not learn from Fortune 500? (Read article)
      By Lorenza Alessie
Language: English
Who wants to become the next Google? Google has been voted America’s best employer.

Feb 26      The 2006 Hotel Industry CEO Survey (Read article)
      By Keith Kefgen
Language: English
Based on our pay-for-performance model, Steve Bollenbach was underpaid by 120% in 2005.

Feb 14      Effective Long-Term Incentive Plan Design within the Chain Restaurant Industry (Read article)
      By David Mansbach
Language: English
When it comes to the design of executive level long-term incentive plans within the chain restaurant industry I have found that many companies are losing out on a great opportunity to align rewards with company objectives.

Feb 6      Moscow's General Managers are overpaid - Myth or Reality? (Read article)
      By Tatiana Veller
Language: English
[English & Russian versions] Comparison of compensation packages awarded to hotel General Managers in Key cities in Russia with other international markets.

Jan 4      Addressing the Demand for Hotel Asset Managers in Europe (Read article)
      By Christian Anklin
Language: English
Continuing changes in the European hotel real estate sector have led to a significant increase in the need for Hotel Asset Managers in Europe this year.


2006

Dec 13      Fun and Board Games  (Download file)
      By Christopher Mumford
Language: English
In a climate of public-to-private transactions, HVS analyses the board performance of public hotel companies in Europe.

Dec 5      Rising Incentives - 2005 Gaming Industry CEO Survey (Download file)
      By Keith Kefgen and Howard Krieger
Language: English
This year’s top performing CEO was James Perry of Trump Entertainment Resorts with an HVS Value Index of 185.3.

Nov 29      Mansbach Monthly Newsletter (Read article)
      By David Mansbach
Language: English
David Mansbach's monthly newsletter for November 2006.

Oct 25      Release of the 2006 Specialty Apparel Compensation Report© (Read article)
      By David Mansbach
Language: English
Presented by HVS International and Chain Store Age Magazine

Oct 25      HVS Executive Search is Pleased to Announce the Release of the HCE London Salary Survey 2006 (Read article)
      By Christopher Mumford
Language: English
Release of the HCE London Salary Survey 2006.

Oct 23      Benefits Rock (Download file)
      By Christopher Mumford
Language: English
HVS looks at how hotel companies can reward their employees through a variety of benefits.

Oct 11      HVS Executive Search Presents the 2006 Lodging Property and 2006 Lodging Corporate Annual Report© (Read article)
      By Keith Kefgen
Language: English
2006 Lodging Property and Corporate report

Oct 5      Hotels Without Hoteliers! (Read article)
      By Saurabh Gupta
Language: English
The booming hospitality industry of India displays an ever increasing appetite to absorb talent; but how ready is it for this explosive growth? An empirical study on the problem of human resource and its probable solutions.

Oct 5      Mansbach Annual Chain Restaurant Newsletter (Read article)
      By David Mansbach
Language: English
David Mansbach's Annual Newsletter

Sep 26      Release of the 2006 Chain Restaurant Compensation Report© (Read article)
      By David Mansbach
Language: English
Presented by HVS Executive Search

Jul 27      The Art & Science of Hospitality (Read article)
      By Keith Kefgen
Language: English
To be successful, today’s hospitality executive must be a service fanatic, marketing guru, Wall Street analyst, real estate appraiser and a first-rate coach.

Jul 13      A Test of Character (Download file)
      By Christian Anklin
Language: English
An increasing number of companies are placing more emphasis on hiring people with the right character traits as opposed to a teachable skill set. HVS examines how psychometric testing can be used as a powerful tool to ensure the right fit.

Jun 20      State-Of-the-Art Measurement in Human Resource Assessment  (Download file)
      By Jim Houran
Language: English
This article outlines the concept of state-of-the-art measurement in human resource assessment. It is our position that the scientific validity of any assessment begins with the fundamental issue of "quality of measurement".

Jun 14      London GMs score with bonuses (Download file)
      By Christopher Mumford
Language: English
HVS looks at how London General Manager salary and bonus levels have risen over the past three years.

Jun 7      HVS Executive Search Presents 13th Annual Lodging Leadership Award To Stephen Bollenbach (Read article)
      By Keith Kefgen
Language: English
HVS Executive Search, has honored Stephen Bollenbach, chief executive officer of Hilton Hotels Corporation.

Jun 7      HVS Executive Search Presents Lodging Leadership Award For Board Performance To Four Seasons Hotels  (Read article)
      By Keith Kefgen
Language: English
HVS Executive Search has honored Four Seasons Hotels and Resorts.

Apr 26      TOTAL REWARDS - A Critical Strategy for Chain Restaurant/Retail Companies (Read article)
      By David Mansbach and Shai Kushner
Language: English
It is critical for Chain Restaurant/Retail companies to execute a Total Rewards program in order to attract, retain and motivate employees. Here are the five key components of an effective Total Rewards program.

Apr 10      The Next Evolution Of Online Recruitment (Read article)
      By Douglas Rosen and Rachel Rice
Language: English
Internet recruitment reaches new heights by blending in traditional search strategies.

Apr 7      All the right moves (Download file)
      By Christopher Mumford
Language: English
HVS looks at strategies for successful career management and offers top tips for job hunting.

Mar 28      Gaming, The Service Industry (Read article)
      By HVS Executive Search
Language: English
The state of Nevada reported that for fiscal 2005 revenue from hotel rooms and food & beverage in hotel casinos was greater than revenue for gaming. Stephen Goebel looks at the impact of this shocker on compensation for casino executives.

Mar 9      How to use the web to capture high-flyers (Download file)
      By Christian Anklin
Language: English
When it is used correctly, the internet can be an invaluable tool in meeting hotels’ recruitment needs. HVS looks into the process of online recruitment and gives a few pointers to ensure maximum effectiveness.

Mar 3      2005 Gaming Board of Directors Survey (Download file)
      By Stephen Goebel and Keith Kefgen
Language: English
GTECH Holdings Corporation is our top performing board for the second consecutive year in our 2005 Gaming Board of Directors Survey.

Feb 28      Executive Recruiting Within The Chain Restaurant Industry (Read article)
      By David Mansbach
Language: English
Organizations that understand how executive search firms should operate consistently attract and retain the best and brightest.

Feb 20      Festive Bonus Ball For Executives (Download file)
      By Christopher Mumford
Language: English
It is that time of year when everyone is eagerly awaiting their bonus. HVS looks at what bonus awards are based upon and at how closely they fall in line with set targets.

Jan 17      Perks of the job (Download file)
      By Christopher Mumford
Language: English
Compensation in the hotel industry is about more than just base salaries and bonuses. HVS looks at the typical employee benefits on offer and outlines how hotels can get the most value from their investment.

Jan 17      Chain Restaurant Industry Pay Trends (Read article)
      By David Mansbach
Language: English
This article discusses executive pay trends within the chain restaurant industry.

Jan 12      The price of quality (Download file)
      By Christopher Mumford
Language: English
Salary levels are obviously crucial to attracting and retaining top talent, but what is a fair wage and how do salary levels differ throughout the industry?


2005

Dec 20      HVS International’s 2004 Gaming Industry CEO Survey (Download file)
      By Keith Kefgen and Stephen Goebel
Language: English
The year’s top-performing CEO was Ferenc Szony of Sands Regent whose HVS Value Index rating of 190.9 indicates that he was underpaid by 90.9 percent.

Dec 2      Chain Restaurant Board Director Pay Trends as Role & Responsibility Increases (Read article)
      By David Mansbach
Language: English
A review of total compensation for chain restaurant board directors indicates a strong correlation between the amount of compensation received and the size of the company.

Nov 17      Executive Compensation and Incentives for Chain Restaurant Organizations (Download file)
      By David Mansbach
Language: English
This article discusses compensation trends from our 2005 Chain Restaurant Corporate Report.

Oct 25      From Poaching Salmon To Poaching Hotel Employees! (Read article)
      By Ambika Mehta Gautam
Language: English
With Indian industry all set for the next big leap, the gaps in manpower demand and supply are beginning to show. Companies across the board from retail to real estate are poaching skilled manpower from hotels instead of poaching salmon!

Sep 14      Slots vs. Table Executives - Who Makes The Money (Read article)
      By HVS Executive Search
Language: English
Slot Win has grown in recent decades and is now more than twice that of Table Games in most U.S. Casinos. Stephen Goebel looks at the impact that has had on executive compensation.

Aug 17      The 2004 Hotel Industry CEO Survey (Read article)
      By Keith Kefgen
Language: English
Based on our pay-for-performance model, Hasu P. Shah was underpaid by 121% in 2004. The model takes into consideration three primary criteria, EBITDA/FFO growth, market capitalization and stock appreciation, and compares that to total compensation.

Aug 12      Salary versus RevPAR (Read article)
      By Christopher Mumford
Language: English
Do increases in RevPAR performance translate to increases in salary? Chris Mumford of HVS Executive Search takes a look at the London market to see if management salaries have increased in line with RevPAR.

Aug 3      Lead Directors for Independent Boards (Read article)
      By Keith Kefgen
Language: English
The need to show clear Board of Director Independence has sparked a trend to appointing Independent Lead Directors. Stephen Goebel looks the trends effect on Gaming companies.

Jul 8      The Dating Game  (Download file)
      By Christopher Mumford
Language: English
Gone are the days when companies could to sit back and let job applicants do all the chasing. Chris Mumford of HVS Executive Search looks at the need for companies to actively woo candidates in today’s market.

Jul 8      Resumes... that are real write-offs (Download file)
      By Mark Keith
Language: English
First appeared in Hotel Asia Pacific - www.hotelasiapacific.com. Getting your resume read and not put in the delete folder requires effective communication.

May 11      Questions To Ask When Recruiting Online (Read article)
      By Douglas Rosen
Language: English
Information to help employers select the most appropriate recruitment site

May 10      Indian Hotel Industry... New Paradigms and Shifts (Read article)
      By Natwar Nagar
Language: English
It was a long journey for HVS Executive Search to make a meaningful contribution to the hospitality industry. As India’s first search firm specialising in hospitality, HVS has been able to bring in a new perspective to the Executive Search business.

May 10      A Reality Whose Time Has Come - ECOTEL (Read article)
      By HVS New Delhi
Language: English
As the World today is facing environmental challenges, Ecotel helps and guides us to steer away from their wasteful ways and turn over the proverbial new “green” leaf!

Apr 21      Reward Sweetens Labour (Download file)
      By Christopher Mumford
Language: English
Rewarding superior performance through a bonus scheme is a key element of compensation philosophy. Chris Mumford of HVS Executive Search looks at bonus scheme components in Europe.

Apr 12      Are Options still an Option? (Read article)
      By HVS Executive Search
Language: English
Will the new FASB regulation requiring the expensing of stock option awards mean the end of this type of compensation? Stephen Goebel looks at recent gaming industry trends for clues.

Mar 23      Hiring CEOs From Outside the Hotel Industry - An Example to Follow? (Read article)
      By Christopher Mumford
Language: English
Three of the world’s largest hotel companies recently hired CEOs from outside the industry. Chris Mumford of HVS Executive Search considers the case for following this lead when hiring further down the organization chart.

Mar 16      Do Good Boards Make Good Companies? (Read article)
      By HVS Executive Search
Language: English
Do good boards really make the companies they serve better and more profitable to the shareholders? Stephen Goebel looks at 41 publicly traded gaming companies to find an answer.

Mar 14      How Do Restaurant, Lodging, and Retail Executives Compare When It Comes To Executive Pay? (Read article)
      By David Mansbach
Language: English
When we went to market, we found that Chief Operating Officers (the targeted peer group) in the lodging and retail segments received larger median base salaries than their restaurant counterparts. Was this an anomaly or a significant trend?

Mar 3      Timing of Stock Options Comes Under Close Scrutiny As Executives Cash In (Read article)
      By Keith Kefgen
Language: English
We still deem equity pay to be an important part of compensation administration; we just think it is time to end the compensation free-for-all.

Mar 3      Knowledge Flight: The Challenge of Hotel Employee Turnover (Read article)
      By Ambika Mehta Gautam
Language: English
A genuine love for the business of hospitality and the desire to excel as a hotelier are slowly giving way to aspirations for better work-life balance, faster career growth and the need for better pay.

Feb 23      Boards Under the Microscope (Download file)
      By Keith Kefgen and Stephen Goebel
Language: English
Our annual study takes a look at the good and bad trends in corporate governance among publicly traded companies in the gaming industry.

Feb 8      Recruitment Drive (Download file)
      By Christopher Mumford
Language: English
Hiring the right employees is crucial to any successful business. In order to avoid the pitfalls, managers should be aware of all the recruitment options at their disposal to help them make an effective hire.

Feb 3      Nature’s Fury - Thailand Before and After (Read article)
      By Christine Pais
Language: English
With the widespread loss and destruction wrought by the tsunami, life is trudging back to normal, but it will be a while before the tourism and hotel industries recover in the affected countries.

Jan 22      The End of Year Bonus (Read article)
      By Christopher Mumford
Language: English
Chris Mumford of HVS Executive Search looks at bonus levels and what hotel executives can expect this year.

Jan 18      Bigger is Better (Download file)
      By Ken Clark
Language: English
Retail executives are getting paid more than ever. Data from 53 retail apparel and footwear chains, collected by HVS Executive Search, shows “Trends definitely show steady to moderate increase in all positions,” according to David Mansbach.

Jan 11      Director Compensation Updated (Read article)
      By HVS Executive Search
Language: English
The pressure and responsibilities that come with a seat on the board of a gaming company has increased dramatically over the last few years. Stephen Goebel takes a look at whether director compensation has increased as well.


2004

Dec 28      Targeting Top Talent for the New Year (Read article)
      By Douglas Rosen
Language: English
Utilizing the right resources for different levels of talent.

Dec 9      Lies, damn lies and salaries (Download file)
      By Mark Keith
Language: English
In Asia, despite the lean years since 1977, companies are still operating with contractual or discretionary bonuses which are paid or withheld at the pleasure of the patriarch or dominant leader.

Nov 17      The Role And Responsibility Of The “New” Compensation Committee (Read article)
      By David Mansbach
Language: English
In this new era of corporate governance, independent board directors are learning they cannot cede crucial compensation decisions to the Chief Executive Officer.

Nov 9      Revisiting the Link Between Governance & Performance (Read article)
      By Keith Kefgen
Language: English
By comparing a company’s stock appreciation, growth in earnings and EBITDA to our HVS Governance Index, Keith Kefgen concludes only a minor connection between the two.

Nov 2      Adjusted Earning (Download file)
      By Keith Kefgen and Stephen Goebel
Language: English
Our annual study analyzes CEO performance by comparing financial results relative to total compensation. Using our proprietary pay-for-performance model, each CEO was compared to his or her industry peers.

Nov 2      C.V. Confidential (Read article)
      By Douglas Rosen
Language: English
Strategies to Assist Job Seekers and Employers Maintain Confidentiality While Using Recruitment Websites.

Oct 25      Salary Review (Download file)
      By Christopher Mumford
Language: English
Chris Mumford of HVS Executive Search warns of the dangers of undervaluing hotel staff and gives the lowdown on the highest earners.

Oct 8      With due respect... (Download file)
      By Mark Keith
Language: English
Hotel companies today are looking for strengths in leadership and communication skills which mobilize the energy and resources of a management team.

Oct 8      Building Valuable Employees  (Read article)
      By HVS New Delhi
Language: English
Building a satisfied and valuable work-force is no quick-fix procedure; it needs a focused and committed approach. Deepika Malkani takes a look…

Oct 4      Newer Technologies Can Increase the Effectiveness of Online Recruiting (Read article)
      By Douglas Rosen
Language: English
An examination of the future of online recruiting technologies.

Aug 19      Taking it One Step Further Can Help Employers Secure Top Talent Online (Read article)
      By Douglas Rosen
Language: English
There are many opportunities throughout the online recruitment process where taking it just “one step further” can help you secure top talent for your organization.

Jul 14      Failing The Dreaded Job Interview  (Download file)
      By Mark Keith
Language: English
Failing to flatter and encourage candidates will immediately discourage them, not a good idea if they are good and you, as an employer, are competing for them in the open job market.

Jul 13      An Assessment for Success (Read article)
      By Keith Kefgen
Language: English
There are many effective means available of assessing current and future company executives. Are you utilizing an effective assessment tool? Stephen Goebel takes a look at the what, how, and why of executive assessment.

Jul 13      The Art and Essence of Executive Search (Read article)
      By Aarti Sharma
Language: English
Tracing and harnessing the best of human capital calls for the skilful execution of the process of Executive Search.

Jun 22      Nominating/Governance Committee (Read article)
      By Keith Kefgen
Language: English
The role of the nominating/governance committee is critical in establishing good governance.

May 27      Retail CIO Pay Analyzed (Download file)
      By David Mansbach
Language: English
It is critical for retail organizations to ensure that their compensation strategies for the CIO position are competitive to attract and retain the highest performers.

May 26      HVS Journal - Asia Pacific Region - 1st Quarter 2004 (Download file)
      By HVS Singapore
Language: English
Quarterly Hotel Report, including the Asian Hotel Valuation Index, Hotel Openings and Transaction Report, and several articles contributed by HVS offices in Singapore, Sydney and New Delhi, as well as HVS Executive Seatrch In Hong Kong

May 19      Snapshot of Prague (Read article)
      By HVS London
Language: English
The last few years have proven to be very challenging for the Prague hotel market - with major floods, global and domestic economic downturns and the war in Iraq - but the outlook for 2004 shows clear signs of recovery.

May 17      Recruitment Ethics (Read article)
      By Christopher Mumford
Language: English
HVS highlights two issues which often cause misunderstanding in recruitment – guarantees and off-limits - and looks at what clients can expect from executive search firms.

May 12      How to best sell yourself in an online environment (Read article)
      By Douglas Rosen
Language: English
Strategies for candidates to find and secure the best jobs through the internet

Apr 29      In Search of Staff (Download file)
      By Mark Keith
Language: English
Predictions by the World Tourism Organization (WTO) anticipate a global annual growth rate for visitor arrivals in East Asia and the Pacific of more than 4% this year.

Apr 19      Walking the Walk – Corporate Ethics (Read article)
      By Keith Kefgen
Language: English
A guide for assessing your company's ethics program, or starting one.

Apr 6      A Melange of Experiences - Advantage Expat GM! (Read article)
      By Ambika Mehta Gautam
Language: English
The expatriate GM, with his strong management and operational experience brings to the table a good understanding of cross cultural dynamics.

Mar 24      Become A More Efficient Internet Recruiter and Attract the Best Talent (Read article)
      By Douglas Rosen
Language: English
An analysis on the components of internet job boards.

Mar 22      Forum Sheds Light On Best Practices (Download file)
      By Michael Billig
Language: English
HVS Sponsors the first meeting of the corporate governance roundtable at the ALIS Conference in January, 2004.

Mar 17      Compensation Intervention Is Coming To The Asia Pacific Region (Read article)
      By Mark Keith
Language: English
Nothing illustrates the diversity of Asia Pacific more vividly than the variety of pay practices. Apart from market bench-marking, independent oversight is required with pay for performance strategies which could mean reduced pay for...

Mar 16      Salary Trends In Store Planning (Download file)
      By David Mansbach
Language: English
The average VP of store planning and design for an apparel specialty store chain earns lightly more than a six-figure salary and an average bonusin excess of $117,000, according to HVS Executive Search.

Mar 4      Internet Job Boards Offer a Menu of Services to Hospitality Industry Professionals  (Read article)
      By Douglas Rosen
Language: English
Industry professionals are looking to job boards for comprehensive career tools.

Mar 4      Building a Better Bonus Plan (Read article)
      By Keith Kefgen
Language: English
An answer to one of our "most frequently asked questions", and de-mystification of the construction of a working bonus program.

Feb 24      Ladies and Gentlemen; Our Chairman, and CEO (Read article)
      By Keith Kefgen and Stephen Goebel
Language: English
Recommends separation of the roles of CEO, and Chairman of the Board. Compares the gaming industry in this regard to the S&P 500.

Feb 9      Web Based Employment Branding For Employers (Read article)
      By Douglas Rosen
Language: English
An examination on best practice marketing techniques to attract top talent.

Feb 4      CEO Selection – a Board Game (Read article)
      By Christopher Mumford
Language: English
These days demanding investors, stringent regulators and scandal-hungry media are forcing companies to operate under much heightened scrutiny.


2003

Dec 17      It’s all in the Mythical Mind… (Read article)
      By Ambika Mehta Gautam
Language: English
For hotel chains wanting to satisfy the needs of guests and beat the competition, then building a psycho brand provides an opportunity which, if realized, could do not only this but also defy the test of time...

Nov 4      Corporate Governance and Organizational Culture (Read article)
      By Keith Kefgen and Manav Thadani, Ambika Mehta
Language: English
Organization structure can affect the quality of corporate governance. Companies need to carefully analyze their strengths and weaknesses and recruit new directors that can enhance the competency of the overall board of directors.

Oct 16      Who’s Managing Your Talent? (Read article)
      By Christopher Mumford
Language: English
Effective talent management leads to superior performance yet McKinsey & Company found that “talent has been the most under-managed corporate asset over the past two decades.”

Oct 16      Corporate Governance Issues Within The Chain Restaurant Industry:  (Download file)
      By David Mansbach
Language: English
If there has been any positive effect to the recent decacles in the word of corporate governance (Tyco, Eron, Adelphia, Worldcom) it is that Wall Streeter's and shareholders have become a more "educated buyer".

Aug 21      Chain Restaurant Chief Executive Office Pay - Which CEOs "Truly" Earned Their Paycheck? (Download file)
      By David Mansbach
Language: English
If there has been any positive effect to the recent debacles in corporate America (Tyco, Enron, Adelphia, and WorldCom) it is that Wall Streeters and shareholders have become more vigilant about corporate governance. One area that has been closely...

Aug 1      Does Board Performance Influence Stock Price? (Read article)
      By Keith Kefgen and Douglas Rosen
Language: English
In this article the authors investigate whether or not companies with better performing boards produced a greater return to shareholders

Jul 25      Hedging Shows Growth (Read article)
      By Keith Kefgen and Christopher Mumford
Language: English
In this article, the authors discuss how the practice of ‘hedging’ has become popular during the past few down years in the stock market.

Jul 14      Heads, I win, Tails, I win Again (Read article)
      By Keith Kefgen
Language: English
It is no secret that the stock market has been unkind to investor and company executives alike. Many of the stock option packages granted to executives over the past five years are still significantly under water (where the option price is higher...

Jun 4      Assess for the Best (Read article)
      By Christopher Mumford
Language: English
One result of the current business climate in the hospitality industry is that there are a lot of people presently out of work.

May 27      Changing of the Guard (Read article)
      By Keith Kefgen
Language: English
If there has been any positive effect to the recent debacles in the world of corporate governance (Tyco, Enron, Adelphia, Worldcom) it is that Wall Streeter’s and Shareholders have become “educated buyer”.

Apr 18      Compensation & Corporate Governance in East Asia  (Read article)
      By Mark Keith and Keith Kefgen
Language: English
Not to long ago Eastern Asia’s economy was lauded as a financial miracle. Foreign business leaders and academic’s admired and studied the concept of Guanxi, (cooperation through personal networking).

Jan 29      Liability In Executive Pay (Read article)
      By Keith Kefgen
Language: English
You can’t read a business magazine or newspaper today without executive compensation being hotly debated.

Jan 14      Corporate Governance in the Post-Enron World (Read article)
      By Christopher Mumford
Language: English
As a year ridden with corporate scandal drew to a close it seemed fitting that President Bush nominated a new chairman of the US Securities and Exchange Commission.

Jan 6      What Should You Expect From Your Executive Search/Recruiting Firms?  (Read article)
      By David Mansbach
Language: English
The best executive search firms assist client organizations in defining executive positions, identifying well-qualified and motivated candidates, and selecting those best suited through comprehensive, quality-assured search processes.


2002

Nov 19      HR Aspirin – Effective Recruitment (Read article)
      By Christopher Mumford
Language: English
Recruitment




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