LIKE A BOSS? TELL US WHY
Every year, Inside Memphis Business
honors four CEOs who have proven to be exemplary in their fields, leading their companies to success on local, regional, national, and international stages.
Nominations for the 2020 CEO of the Year
awards are open. Memphis is graced with tremendously talented, inspiring executives in charge of their companies and organizations, and we want to hear from you about the best in the business. Email your nomination to firstname.lastname@example.org
and include the CEO’s resume and a description of why he or she should get the award: vision, achievements, business philosophy, employee relations, management style, special qualities.
We give out four awards in categories according to the number of employees in the companies: 1-50, 50-200, 200-1,000, and 1,000 and up, so please include that information as well. The deadline for CEO of the Year is next Wednesday, November 20
. When the nominations are in, an impartial panel will consider the nominees and pick one for each category. Each will be notified and interviewed in the IMB
section of February's Memphis magazine. A breakfast early in the year will honor the four CEOs.
WHAT'S GOING ON
- In a new study, SmartAsset
uncovered the U.S. cities where rent is becoming less affordable relative to income, and Memphis ranks in the fourth spot. Monthly fair market rent increased 12.74 percent or about $100, on average, in Memphis between 2015 and 2018. Meanwhile, median annual household incomes increased by almost $300, or just 0.79 percent. As a result, rent as a percentage of income increased from 27.51 percent to 30.78 percent over the four years. The full report, including the methodology and rankings, can be found here
- To help military veterans find the best places in which to settle down roots based on their status, WalletHub
compared the 100 largest U.S. cities across 20 key indicators of livability, affordability and veteran-friendliness. They range from share of military skill-related jobs to veteran income growth to availability of VA health facilities. Memphis, unfortunately, ranks 97th, just above Jersey City and Newark, New Jersey, and Detroit, Michigan. Memphis' employment ranking is 85 out of 100, the economy rank is 43, quality of life rank is 92, and health ranking is 95. Read more about the survey here
- For the 23rd
consecutive year, Southern College of Optometry
has a zero percent cohort default rate among its graduates. According to fiscal year 2016 figures released by the Federal Department of Education
, the average national cohort default rate is 10.1 percent, down from 10.8 percent the year before. The cohort rate is the percentage of a school’s borrowers who default on their student loans.
- The Nike Community Impact Fund
is giving a total of $100,000 to eligible schools and community organizations in the Greater Memphis area that are helping kids reach their potential through play and sport. Applications are being accepted now through Dec. 16, 2019 at communityimpact.nike.com/ncif#memphis