HOUSE_OVERSIGHT_021010.jpg
1.39 MB
Extraction Summary
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Document Information
Type:
Presentation slides / financial analysis report
File Size:
1.39 MB
Summary
This document contains two slides (pages 337 and 338) from a KPCB presentation titled 'USA Inc.' The content analyzes the US government's financial structure through a corporate turnaround lens, recommending reviews of federal wages, benefits, and entitlement programs like Social Security and Medicare. The document bears a 'HOUSE_OVERSIGHT' stamp, suggesting it was part of a document production to the House Oversight Committee.
Organizations (3)
Locations (1)
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Key Quotes (3)
"USA Inc. needs a comprehensive 3rd-party review of its compensation practices."Source
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Quote #1
"Most businesses constantly review their compensation practices; these reviews typically intensify when the financials of the core business erode."Source
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Quote #2
"Review Government Cost Structure & Consider Reducing Federal Headcount"Source
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Quote #3
Full Extracted Text
Complete text extracted from the document (1,285 characters)
Review Wages: A Turnaround Expert Would Drill Down on Compensation Differences Between Public & Private Sectors
• In the absence of reliable, generally accepted adjustment factors, USA Inc. needs a comprehensive 3rd-party review of its compensation practices.
• Most businesses constantly review their compensation practices; these reviews typically intensify when the financials of the core business erode.
• Considerations include compensation for comparable jobs, uniqueness of skill sets and education required for particular roles, productivity, hours worked, regional cost of living, job security, years of service, and financial health of the business unit.
KP
CB www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 337
CB www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 337
1
Focus on Expenses
Reform Entitlement Programs
Restructure Social Security
Restructure Medicare & Medicaid
Focus on Operating Efficiency
Review Federal Wages & Benefits
Review Government Pension Plan Characteristics & Compare with Private Sector Plans
Review Role of Unions
Review Government Cost Structure & Consider Reducing Federal Headcount
Determine if There are Non-Core 'Business Lines' That Can Be Centralized / Locally Out-Sourced
Focus on Expenses
Reform Entitlement Programs
Restructure Social Security
Restructure Medicare & Medicaid
Focus on Operating Efficiency
Review Federal Wages & Benefits
Review Government Pension Plan Characteristics & Compare with Private Sector Plans
Review Role of Unions
Review Government Cost Structure & Consider Reducing Federal Headcount
Determine if There are Non-Core 'Business Lines' That Can Be Centralized / Locally Out-Sourced
KP
CB www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 338
CB www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 338
HOUSE_OVERSIGHT_021010
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