When designing a compensation system for an organization, it is
important to have a compensation philosophy which serves as a
framework for making decisions about various components of the
system.
Tasks:
One question to be addressed is how can your compensation
program help the organization be successful (e.g., be able to
attract and retain talented workers needed to be competitive in the
marketplace)?
Some options for consideration include:
Being an “employer of choice” in the industry
Offering top salaries
Putting...
Why is documentation, conclusion, and accumulation of audit
evidence important for auditors to maintain?
Why are representation letters important confirmation for
external auditors to use in their final evaluation of the
audit?
In designing a benefits what are the most important
considerations for the employer and why? What are the important
considerations for the employee and why?