function of finance manager for receivable

May 29th, 2015
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Abilene Christian University
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It is of prime importance for an organization to maintain pay levels that attract and retain quality employees while recognizing the need to manage payroll costs .

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CASE STUDY : 1A policy is a plan of action. It is a statement of intention committing the management to a general course of action. When the management drafts a policy statement to cover some features of its personnel programmes, the statement may often contain an expression of philosophy and principle as well. Although it is perfectly legitimate for an organization to include its philosophy, principles and policy in one policy expression.Q1) Why organizations adopt personnel policies explain the benefits?Recruitment and Selection Policies pertaining to the recruitment and selection process are the foundation of building any workforce. You must have a plan for creating applications, how to prequalify applicants, how applicants move up to become a candidate and other employment procedures. This set of policies also benefits current employees who refer applicants to your business.Training and Professional Development Provisions for employee training and development are included in human resource policy documents because it informs employees of the kind of professional development available to them. In addition, policies related to training and development assistance in the formulation of employee development plans or performance improvement plans. Training and development policies serve as an outline of educational benefits available to current employees.Handling Employee Concerns Many companies have written procedures for handling employee co

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