QuinModah's Posts
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![]() Vaiki: |
HR Manager (HRM) and Finance Manager (FM): Controversial issue on payroll management. There has been recent controversial issue between HRM and FM on who to manage payroll process for a newly established organization. Below is the discussion among CEO, FM and HRM. CEO: As we all aware that this is the first management meeting of this newly established company. Please HRM share update on staff matters with management team. HRM: Thank you CEO. We have successfully recruited 15 staff and I am working on their payroll for this month. Immediately I'm done, I would bring it to your table for final approval before forwarding to Finance Manager for payment. FM: Please HRM, we need to get it right from inception especially on payroll management. If I may ask, I have few questions on your submission. HRM: Please go-ahead FM. FM: Please are you aware about latest Finance Act, 2020 which gives ways to new computation of Personal Income Tax (PIT) popularly called PAYE? Also, are you the one to be responsible for annual returns and tax audit with IRS. Finally, other parameters of payroll such pension, NHF, ITF and NSITF should be adequately managed to avoid fine and penalty. HRM: Kindly note that payroll has to do with staff matter and anything that falls within this category, it is solely handled by HR. Also, on all your questions, we would take cognizance of it and revert if there is any clarification. FM: Alright but you also need to take note of staff IOUs and advances that might have been posted into various staff accounts on SAP. HRM: If you want to handle that responsibility, I might shift it to you for proper management as you claimed. CEO: No at this moment, I intentionally allowed you guys to justify your positions. However, kindly do more consultation with various professionals in different industries and revert in the next meeting. Please share your view on who to manage payroll. |
Last Friday, I hugged one of my most impressive colleagues goodbye. He turned away, sobbing. I turned away with voice quaking, realizing what a big loss he would be. Later that evening, I had another get-together with a second friend who relocates this week. While discussing his massive expense, he suddenly slouched in his chair, stressfully squeezed the empty ragolis bottle in his hands and concluded: "Oremi, this relocation has cost me almost everything" "You don’t want to know!" He further sighed "You don’t." Today, with the help and data from three (3) relocating friends, I compile the rough cost (below) for prospective relocating families (focus on UK) and a poem for my friend and Nigeria: Cost of Japa from Nigeria for a family of 4= 180k Renewal of Passport Official rate 22k Accelerated rate 45k Some pay as high as 75k Transcript 75k Usually, one parent is a student 30-45k for school runs 25-30k to send Estimated Tuition fee deposit 11,000-18,000-pound sterling 4.5m most schools want 50% deposit Proof of fund (In deposit) Family of 4 need 25m in deposited in an accoun 2-3 months UK Visa 1.4m Family of 4 pay 475-pound sterling NHF Family of 4 pay 875-pound sterling Flight ticket 2.8m Depending on booking 700k person x4 Some have booked as high as 1.2m Arrival Accommodation 4.4m 1st Month shortlet 200-pound sterling per week refundable deposit of 250 pound First 6 months at 750 pounds Total Cost 19m for family of four to UK not Canada or US. It can be cheaper or more Oremi, I hope we meet again, as you japa to find fresh grain, to return if Nigeria again reigns? God, will any leader ever end this drain? But prayers will be in vain, if in 2023, unwisely we vote again. God bless everyone who has relocated. God bless everyone staying behind. God bless #Nigeria. |
Waow, that was how he approved mortgage for staff? How could the bank have survived then? The fact that ladies that became pregnant within 6 months of engagement were fired was an unfortunate policy. You just succeeded in exposing the bank's the policies and practices, that other professionals may find challenging. A client in the Insurance industry is currently searching for fresh Graduates with the following background for urgent employment: 1. Economics 2. Accounting 3.Maths & Statistics 4.Banking and Finance 5. Computer Science For Entry level roles Interested? Send your CV to Danielimeze@gmail.com |
Role: Operations Manager Company: Retail outlet at Tradefair Requirements: ▪️Minimum of HND in Accounting, finance or related field with at least 1 year industry experience ▪️ Experience in a retail business is an added advantage ▪️Practical experience with accounting software and Microsoft applications (Word, Excel Candidates must reside in Festac, Orile or Isolo and be ready to resume immediately. Send applications to wellstaxconsulting24@gmail.com |
Role: junior Accountant. Location: Ajah ( remote) Job summary: Account entries, prepare financial accounts, payroll computation, taxes computation and remittance. Minimum qualification: 1-2 years experience Professional qualification: ICAN, ACCA( either qualified or in-view) Salary - 100,000 -150,000 Interested? Kindly send your CV to careers@vatebra.com using the job title as subject of the mail Closing date: October 30th 2022 |
"If you let an idiot talk long enough, they'll eventually destroy their argument." This quote from Sun Tzu is one of the most famous in philosophy. It's an excellent reminder for us to speak less and listen more. Which is a handy negotiation tactic. But when dealing with folks who do not have substance, let them speak. They'll eventually destroy their argument. The longer they talk without giving proof or examples, the more likely they don't have anything to say. Better yet. Don’t be that person! Vaiki: |
![]() rajunor: |
No Bobbyunitedfc: |
![]() Vaiki: |
okay gwanggaeto: |
No |
![]() Sammy07: |
After carefully reading, I will advise you go with B reasons are as follows 1. As mentioned here, tech is the new oil 2. A partnership with Google or Microsoft is not a piece of cake meaning there's prospect 3. With the benefits you have stated with both firms, I will choose B, because of future purpose 4. Company A could be a consultant for the government and as you know government is broke and always broke, even if they have private clients, think tomorrow and not government |
Sammy07:Okay O seun wo |
![]() Tessyy1701: |
Hi! I don't do DM. You mind telling me what you wish to share via DM. ![]() obynoceaser: |
taiyod:Good evening? I don't respond to DM. You mind telling me what you wish to say via DM |
Call the number on my profile for more information kingkoboko: |
Sammy07:So, where did you get the screen shot from? I am just curious to know |
Sammy07:You posted it and should be able to know a thing or two about them |
Has it been resolved? foliade: |
ckc:Fact!!! |
Kingjite:All this factories in Asaba run even government owned factories. |
blueAgent:There a thread about sharing experience working with foreign companies in Nigeria |
cletz991:Hi probably talking about Precious Paint and his hotels and filling stations run as far as your leg can carry you. The police is in his payroll. The idiot Dayo his brother is an @$$. I no fit type just run far from the company In addition HardRock hotel. I pity ALL staff working there. |
DerFuhrer:And they keep running advert in TV and radio. Most valuable pensioner (MVP) |
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I don't know which of the mods dey poke you.

