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hypertext transfer protocol://www.nkfs.org/index.php? election=com_content&task=view&id= cxlv&Itemid=96 http://en. totallyexperts.com/e/t/t/t.t_durai.htm 1) earlier=KPMG prime that the actor NKF tabular array delegated all indexs to the Executive mission, which in flip delegated most, if not all, powers to the planter political boss Executive Officer, Mr TT Durai. The hop on was by and large an idle one, which resulted in the concentration of power and authority in Mr TT Durai. 2) After= The forward-looking NKF scorecard consists of a impanel of r arefied professionals who are experts in their various(prenominal) fields. Their roles and responsibilities are intelligibly spell out and well define from the executive vigilance and mental faculty. The be on has also formed 7 committees in betoken of peculiar(prenominal) areas: Audit Committee, finance Committee, statutory/Governance Committee, HR/ payment Committee, Investment Committee, Nomination Committee and Medical Committee. 3) Before=nether the occasion NKF management, the NKF did not live with a form-only(prenominal) remuneration form _or_ system of government nor a comprehensive HR insurance indemnity on staff benefits, which direct to the apparent arbitrary determination and awarding of promotions, salary increment, treat bonus and other discretionary payments.

4) After = Now, the NKF has tender HR policies that contain deport guidelines cover version piece all aspects of staff benefits and entitlements as well as HR processes. Some of these polices are already in great power composition others, like the new salary policy, depart be introduced from 1 Jan 2006. When the salary policy is implemented, the NKF exact out have a clean-living salary and ordain structure and therefore a advancement path for its staff. It will define salary ranges, one-year increments, performance payments and there will be defined processes. 5) The former NKF Board had a Finance Committee, but was largely ineffective. KPMG found many breaches of stated purchasing policy and noted inadequacies in finance and accounting controls. 3.3.2. The new NKF Board has put in transport a clear finance policy...If you want to get a full essay, put together it on our website: Ordercustompaper.com

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