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Why It Is Important To Have A Job Classification and Salary System – Controlling Your Labor Cost

Written by advance on . Posted in Business Practices, Employment, Human Resources, Management, Strategy

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Both employer and employee want fairness in pay, but more often than not salaries are based on the individuals performing the job than on the true value that the job represents to the organization. Over time many organizations start to feel the lack of a consistent pay structure, facing substantial salary discrepancies within the same type of jobs.

Stopping Fraud Before It Starts

Written by advance on . Posted in Business Practices, Human Resources, Leadership, Strategy

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Over the past few weeks, Aruba has been confronted again with new cases of fraud. Employees had found‘clever’ ways to embezzle their employers for tens and even hundreds of thousands of florins.

Business Impact

Fraud is big business. Companies are most at risk of fraud from their employees, since they have access to information and assets. On average, companies lose 5% to 6% of their revenues to internal fraud.

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