Case You are the internal audit senior responsible for conducting an assurance engagement of the XYZ Company payroll process. This process has not been audited for three years and‚ as such‚ is due in the normal audit cycle. There have been no significant changes since the previous audit‚ that is‚ there were no system changes‚ no reorganization of personnel‚ and no substantive procedural changes. However‚ during the last assurance engagement‚ the internal audit function identified several observations
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Employee benefits 1.) Pogi Company has established a defined benefit pension plan for its employees. Annual payments under the pension plan are equal to 3% of an employee’s highest lifetime salary multiplied by the number of years with the entity. An employee’s salary in 2011 was P500‚000. The employee is expected to retire in 10 years‚ and the salary increase are expected to average 4% per year during the period. On December 31‚ 2011‚ the employee has worked for 15 years‚ The future value
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Kriplani Aliasgar Lokhandwala Mohamad Tariq Chandni Kewlani Vibhav Parikh “A Participative Health Insurance Scheme for a Happy and Healthy Nation.” “A Participative Health Insurance Scheme for a Happy and Healthy Nation.” Employee State Insurance Corporation Employee State Insurance Corporation Employees’ State Insurance Scheme of India is a multidimensional social security system tailored to provide socio-economic protection to worker population and their dependents covered under the
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Employee Involvement The direct participation of staff to help an organization fulfill its mission and meet its objectives by applying their own ideas‚ expertise‚ and efforts towards solving problems and making decisions. From this definition‚ participation can include representative participation‚ direct communication‚ and upward problem solving. We will focus on the latter two categories because this article is more about understanding outcomes‚ tools‚ and methods. \The direct participation of
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What is the employee engagement? Employee engagement is a workplace approach designed to ensure that employees are committed to their organisation’s goals and values‚ motivated to contribute to organisational success‚ and are able at the same time to enhance their own sense of well-being There are differences between attitude‚ behaviour and outcomes in terms of engagement. An employee might feel pride and loyalty (attitude); be a great advocate of their company to clients‚ or go the extra
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Employee Selection Learn how to select and hire the best employees for your open positions. Selection and evaluation techniques are explored that help you pick among qualified candidates. Employee selection processes are critical to hiring a superior staff. Learn to improve your employee selection methods. 10 Tips for Hiring the Right Employee Top Ten Tips for Selecting and Hiring the Right Employee Hiring the right employee is a challenging process. Hiring the wrong employee is expensive‚ costly
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1. Describe the importance of employee benefits as a strategic component of fulfilling the goals of HRM. Though many benefits are not legally required‚ it is vital for companies to keep up with competition and retain employees. HRM‚ must act as the driving force behind in building willingness in employees‚ employee retention and by attracting potential candidates. Using benefits as a strategic component helps enhance the effectiveness‚ morale‚ productivity and achievement of goals. The internet
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THAT INFLUENCE EMPLOYEE ENGAGEMENT. B.Brinda‚ II MBA‚ KCT Business School‚ coimbatore brindabaluu@gmail.com Contact No: 9751168450. E.Vishalatchi Preethi‚ II MBA‚ KCT Business School‚ coimbatore slithy.p@gmail.com Contact No: 8012590902. ABSTRACT Employee engagement has emerged as a popular organizational concept in recent years. It is the level of commitment and involvement of an employee towards the organization and its values. Employee engagement
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DI SC ER E ET DOCE RE [ white paper ] The Strategic Employee Survey By Jack Wiley‚ Ph.D.‚ Kenexa® Research Institute Excerpt taken from “The Human Resources Revolution: Why Putting People First Matters‚” by Ronald Burke‚ Editor A n employee survey can be one of the most powerful tools for management in assessing the effectiveness of its strategy and maximizing the potential in its human capital. Strategic employee surveys can be used in four key ways: 1) identifying “warning signs”
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Assignment Nowadays‚ “employee relations” appear everywhere‚ from small companies to the big organisations in all over the world. According to CIPD‚ employee relations is an underlying philosophy‚ along with necessary attitudes and skills‚ rather than a specific management function or well-defined activity. In fact‚ there are many problems existing in any firms or organisations. One of these which is considered by human management department is employee relations. Employee relations which used to
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