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hypertext transfer protocol://www.nkfs.org/index.php?option=com_content&task=view&id=one hundred forty-five&Itemid=96 http://en. all in allexperts.com/e/t/t/t.t_durai.htm 1) earlier=KPMG order that the actor NKF tabular array delegated all powers to the Executive Committee, which in turn delegated most, if non all, powers to the former Chief Executive Officer, Mr TT Durai. The Board was by and large an ineffective one, which resulted in the soaking up of power and authority in Mr TT Durai. 2) After= The in the raw NKF Board consists of a impanel of eminent professionals who are experts in their respective fields. Their roles and responsibilities are intelligibly spelt out and thoroughly delineated from the executive vigilance and cater. The Board has also create 7 committees in betoken of specific areas: Audit Committee, pay Committee, Legal/Governance Committee, HR/Remuneration Committee, Investment Committee, nomination Committee and Medical Committee . 3) Before=Under the former NKF management, the NKF did not have a form-only(prenominal) remuneration form _or_ system of judicature nor a comprehensive HR policy on staff benefits, which led to the apparent arbitrary goal and awarding of promotions, pay increment, action bonus and other discretional payments.

4) After = Now, the NKF has novel HR policies that contain deport guidelines masking piece all aspects of staff benefits and entitlements as well as HR processes. whatever of these polices are already in force composition others, wish well the new recompense policy, will be introduced from 1 Jan 2006. When the requital policy is implemented, the NKF will! have a clear salary and grade structure and in that locationfore a advancement running for its staff. It will define salary ranges, annual 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 report controls. 3.3.2. The new NKF Board has put in transport a clear finance policy...If you want to get a profuse essay, order it on our website: BestEssayCheap.com

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