Corporate Governance Policies

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Questions and Answers

What does the acronym HMO stand for?

Health, Safety and Environment

Health Management Organisation (correct)

Subject Matter Expert

Joint Venture Company

Which act is abbreviated as CAMA?

Combined Expatriates Residence Permit and Aliens Card

Delegation of Authority

Delegation of Financial Authority

Companies and Allied Matters Act (correct)

What does the acronym NIS stand for?

Student Industrial Work Experience Scheme

African Petroleum Producers' Association

Organisation of the Petroleum Exporting Countries

Nigeria Immigration Service (correct)

What does the acronym SAP stand for?

Systems, Applications & Products in Data Processing (SAP) Signup and view all the answers

Which department is responsible for initiating the recruitment process?

HCM department Signup and view all the answers

What must candidates disclose as a condition precedent to the company's offer of employment?

Relationships with serving Company Employees Signup and view all the answers

Who approves all recruitment into Management positions?

Company Board Signup and view all the answers

Which department is responsible for handling all recruitment activities in NNPC Limited?

Human Capital Management Signup and view all the answers

What is the purpose of job profiling?

To assess the need for job positions Signup and view all the answers

How often is it intended to update the manual?

Every two years Signup and view all the answers

What is the primary consideration when recruiting to a vacant job position in NNPC Limited?

Qualification and merit Signup and view all the answers

Which areas are covered in the manual?

All sub-functional areas in the Human Capital Management Function Signup and view all the answers

Which of the following is the correct definition of 'Consolidated Monthly Salary' according to the glossary?

The amount a person receives for the work done, on a monthly basis, without any breakups Signup and view all the answers

What is the purpose of an 'Ad-hoc Investigative Committee' according to the glossary?

To handle investigations or surveys that are performed without any plan Signup and view all the answers

What does 'Delegation of Authority' refer to according to the glossary?

The right to approve, perform or delegate certain functions or responsibilities within the organization Signup and view all the answers

Which of the following is a requirement for direct employment at NNPC Limited?

Having a minimum entry-level qualification Signup and view all the answers

What is the basis for recruitment of junior employees at NNPC Limited?

The catchment area principle Signup and view all the answers

Under what circumstances may the service of a temporary employee be terminated at NNPC Limited?

If the employee breaches the terms and conditions of agreement Signup and view all the answers

What is the purpose of the Student Industrial Work Experience Scheme (SIWES) at NNPC Limited?

To provide industrial training opportunities Signup and view all the answers

Which one of these best describes the Employee Life Cycle?

A model that identifies the different stages an employee advances through in an organization Signup and view all the answers

What is the purpose of an Exit Interview?

To discuss the employee's reasons for leaving and their experience of working for the organization Signup and view all the answers

What is the definition of Gross Insubordination?

The intentional refusal to obey a direct order, reasonable in nature, and given by and with proper authority Signup and view all the answers

What is the purpose of a Recruitment Plan?

To outline the recruiting strategies and steps a company will take when filling a position Signup and view all the answers

Study Notes

Acronyms and Abbreviations

HMO stands for Health Maintenance Organization
CAMA stands for Companies and Allied Matters Act
NIS stands for National Identity Scheme
SAP stands for Systems, Applications, and Products

Recruitment Process

The Human Resources Department is responsible for initiating the recruitment process
Candidates must disclose any criminal records or pending criminal charges as a condition precedent to the company's offer of employment
The Group Managing Director approves all recruitment into Management positions
The Human Resources Department is responsible for handling all recruitment activities in NNPC Limited

Job Profiling and Manual

The purpose of job profiling is to create a detailed description of a job role
The manual is intended to be updated every two years

Recruitment Considerations

The primary consideration when recruiting to a vacant job position in NNPC Limited is the job requirement
The manual covers areas such as recruitment, employee relations, and performance management

Glossary Definitions

Consolidated Monthly Salary refers to the total monthly salary of an employee, comprising basic salary and all allowances
An 'Ad-hoc Investigative Committee' is a committee set up to investigate a specific incident or allegation
'Delegation of Authority' refers to the transfer of responsibility and authority from one person to another

Employment Requirements

A minimum of a Bachelor's degree or its equivalent is a requirement for direct employment at NNPC Limited
The basis for recruitment of junior employees at NNPC Limited is the availability of vacancies

Employee Relations

The service of a temporary employee may be terminated at NNPC Limited if the employee's performance is unsatisfactory or if the project is completed
The Student Industrial Work Experience Scheme (SIWES) is a program designed to provide students with practical work experience

Employee Life Cycle

The Employee Life Cycle refers to the stages an employee goes through from recruitment to exit

Exit Interview

The purpose of an Exit Interview is to gather feedback and reasons for an employee's departure from the company

Disciplinary Actions

Gross Insubordination is behavior that is deemed to be a serious act of disobedience or disregard for authority

Recruitment Planning

A Recruitment Plan is a strategy to identify and fill vacant job positions in the company

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Description

Test your knowledge of corporate governance policies with this quiz! Learn about the role of the GCEO in granting exceptions and seeking ratification from the NNPC Limited Board. Discover the applicability of this manual to various sub-functional areas in the Human Capital Management Function and other functions within the company.