Tuesday, September 14

Marriott hotel operator warns customers of credit card data breach

Extract . . .

“HEI Hospitality, owner and operator of upscale hotels operating under the Marriott, Sheraton, Westin and other monikers, has sent letters informing some 3,400 customers that their credit card data may have been compromised. The warning stems from an intrusion into point of sale systems at several HEI properties earlier this year, which could have allowed card holder data being to be illegally accessed, the company said in the letter.”

Linkhttp://www.cio.co.uk/news/3239099/marriott-hotel-operator-warns-customers-of-credit-card-data-breach/

Why start-ups shouldn’t have to pay to pitch angel investors

Extract . . .

“Last week, a number of the TechCrunch50 companies informed me about firms calling them to present at their “Angel forums” — only to discover that they would face fees ranging from $1,000 to $6,000 for a 10-15 minute pitch slot. After additionally investigation by the Jason Nation (the top 10% of the maniacs who follow me on Twitter), I was sent details of one epic bastard that wanted $10-$25,000, plus a couple of percentage points of the value of the deal (you’ll find out who later in this email).”

Link
http://calacanis.com/2009/10/09/why-startups-shouldnt-have-to-pay-to-pitch-angel-investors/

Pegged down and losing out

Extract . . .

“Can loyalty to your bank bring you just rewards? What might look like a great offer could be anything but once all the lender's conditions are met. Chiara Cavaglieri investigates the rise of tied products.”

Linkhttp://www.independent.co.uk/money/spend-save/pegged-down-and-losing-out-2040518.html

Remunerating for profitability

Extract . . .

"It is important to factor in the value of both the work and the individual's contribution when setting wage and salary levels. Begin by assessing the value of a particular job. Here, you must look at the work, not the person doing it, and ask how much value it adds to your business. Based on this assessment, you can set a wage or salary range for the job. Of course, you will also need to keep an eye on the labour market and be sure to set and maintain remuneration levels that are competitive."

Link
http://www.eaassociates.co.uk/content/business/business-finance/improving-profitability/remunerating-for-profitability.html?u=40c38B45&m=7659

Cold calling should be banned, says survey

Extract . . .

"The majority of consumers would like to see the practice of cold calling outlawed, a survey has revealed. According to consumer group Which?, of the 2,000 people polled in the survey, three-quarters want an end to cold calling. A quarter of those questioned had felt intimidated by the marketing tactic.

On average consumers receive six cold calls each month, while for businesses the rate is higher. Firms are allowed to contact potential customers in this way, although people and other firms may opt out of receiving unsolicited phone calls. In the view of the Business Department, which holds responsibility for the regulations governing cold calling, there is a balance to be struck "between allowing legitimate businesses to continue to operate and the needs of consumers."

Link
http://www.eaassociates.co.uk/cgi-bin/item.cgi?id=32957&d=601&h=160&f=260&u=40c38B45&m=7659

Consumer confidence on the up

Extract . . .

"Consumer confidence climbed in August for the first time in six months, new figures have revealed. This despite the looming austerity measures to be introduced by the government. According to the GfK NOP consumer confidence index, optimism among consumers rose by four points in August to reach -18.This was an increase of seven points on the same time last year and the first rise since February. The index measure was based on interviews with 2,000 people."

Link
http://www.eaassociates.co.uk/cgi-bin/item.cgi?id=32979&d=601&h=160&f=260&u=40c38B45&m=7659

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