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    Need Help? What Are Your Stories?: Group 3

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    Ray Jhon Ortiz
    An employee in an HR department submitted a fake form to increase their salary by $250 per week without authorization. The form was processed without validation. To prevent this, companies should have clear hiring policies, segregate duties so compensation changes are properly authorized, and have formal validation procedures for compensation changes. Regularly discussing compensation with employees and making rules visible can also help prevent unauthorized changes. A company also reported an account executive collecting $450,000 from outlets went missing after without notice. Thorough background checks, supervision of field employees, and keeping personal employee files updated can help companies prevent such issues.

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    Need Help? What Are Your Stories?: Group 3

    Uploaded by

    Ray Jhon Ortiz
    37 views12 pages
    An employee in an HR department submitted a fake form to increase their salary by $250 per week without authorization. The form was processed without validation. To prevent this, companies should have clear hiring policies, segregate duties so compensation changes are properly authorized, and have formal validation procedures for compensation changes. Regularly discussing compensation with employees and making rules visible can also help prevent unauthorized changes. A company also reported an account executive collecting $450,000 from outlets went missing after without notice. Thorough background checks, supervision of field employees, and keeping personal employee files updated can help companies prevent such issues.

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    prevention time!

    Original Title

    comped411_case7

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    An employee in an HR department submitted a fake form to increase their salary by $250 per week without authorization. The form was processed without validation. To prevent this, companies should have clear hiring policies, segregate duties so compensation changes are properly authorized, and have formal validation procedures for compensation changes. Regularly discussing compensation with employees and making rules visible can also help prevent unauthorized changes. A company also reported an account executive collecting $450,000 from outlets went missing after without notice. Thorough background checks, supervision of field employees, and keeping personal employee files updated can help companies prevent such issues.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    37 views12 pages

    Need Help? What Are Your Stories?: Group 3

    Uploaded by

    Ray Jhon Ortiz
    An employee in an HR department submitted a fake form to increase their salary by $250 per week without authorization. The form was processed without validation. To prevent this, companies should have clear hiring policies, segregate duties so compensation changes are properly authorized, and have formal validation procedures for compensation changes. Regularly discussing compensation with employees and making rules visible can also help prevent unauthorized changes. A company also reported an account executive collecting $450,000 from outlets went missing after without notice. Thorough background checks, supervision of field employees, and keeping personal employee files updated can help companies prevent such issues.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    of 12

    Need help? What are your stories?

    GROUP 3

    An employee in the HR Department prepared a bogus change of pay form to increase his salary by 250/week. The form was submitted for processing and was entered into the system without being challenged.
    Story #1

    How should I prevent this?

    Story #1

    PREVENTIVE MEASURES
    Establish and maintain policies and guidelines for hiring -background checks Segregation of duties -Changes to compensation should be properly authorized. Formal procedures for validation of changes in compensation

    Story #1

    But we have already this control to our company.

    Story #1

    PREVENTIVE MEASURES
    Rules and regulations should be visible to the organization -Communication Regular discussion about employees compensation Educate the employees

    Story #1

    Aaaahhhhhh.

    Story #1

    An account executive whos in charge of collecting cash from outlets went AWOL after collecting Php450,000 in cash for the day. The company tried locating him in his address and contact numbers in 201 file but to no avail.
    Story #2

    PREVENTIVE MEASURES
    Establish and maintain policies and guidelines for hiring -background checks Thorough supervision on employees in the field. Periodical update of Personal files of employees

    Story #2

    ADVANTAGEOUS TO BOTH PARTIES

    Right James??

    Im BUSY!!!

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