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?

<p>Systems, Applications &amp; Products in Data Processing (SAP) (B)</p> Signup and view all the answers

Which department is responsible for initiating the recruitment process?

<p>HCM department (A)</p> Signup and view all the answers

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

<p>Relationships with serving Company Employees (D)</p> Signup and view all the answers

Who approves all recruitment into Management positions?

<p>Company Board (B)</p> Signup and view all the answers

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

<p>Human Capital Management (A)</p> Signup and view all the answers

What is the purpose of job profiling?

<p>To assess the need for job positions (B)</p> Signup and view all the answers

How often is it intended to update the manual?

<p>Every two years (D)</p> Signup and view all the answers

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

<p>Qualification and merit (B)</p> Signup and view all the answers

Which areas are covered in the manual?

<p>All sub-functional areas in the Human Capital Management Function (D)</p> Signup and view all the answers

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

<p>The amount a person receives for the work done, on a monthly basis, without any breakups (D)</p> Signup and view all the answers

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

<p>To handle investigations or surveys that are performed without any plan (D)</p> Signup and view all the answers

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

<p>The right to approve, perform or delegate certain functions or responsibilities within the organization (C)</p> Signup and view all the answers

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

<p>Having a minimum entry-level qualification (D)</p> Signup and view all the answers

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

<p>The catchment area principle (A)</p> Signup and view all the answers

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

<p>If the employee breaches the terms and conditions of agreement (C)</p> Signup and view all the answers

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

<p>To provide industrial training opportunities (A)</p> Signup and view all the answers

Which one of these best describes the Employee Life Cycle?

<p>A model that identifies the different stages an employee advances through in an organization (A)</p> Signup and view all the answers

What is the purpose of an Exit Interview?

<p>To discuss the employee's reasons for leaving and their experience of working for the organization (B)</p> Signup and view all the answers

What is the definition of Gross Insubordination?

<p>The intentional refusal to obey a direct order, reasonable in nature, and given by and with proper authority (D)</p> Signup and view all the answers

What is the purpose of a Recruitment Plan?

<p>To outline the recruiting strategies and steps a company will take when filling a position (D)</p> Signup and view all the answers

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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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