First Reference Talks

Discussions on Human Resources, Employment Law, Payroll and Internal Controls

false representation

By | 4 Minutes Read

Hiring controls: a close look at managing the risks of hiring

Human capital is a firm’s most important and profitable asset. Recall Swiss banking giant UBS’ rogue trading disaster in 2011, during which the bank reported a $2.3-billion loss as a result of one man’s unauthorized trading. UBS’ chief executive officer resigned as a result, and the bank also lost two high-ranking executives who took indirect responsibility for the incident...

By | 2 Minutes Read

Yahoo’s failure to confirm new CEO’s references lands company in trouble

Everyone exaggerates their accomplishments on their résumé, right? You say, "Executive Assistant," when you really mean "Assistant to the Executive Assistant." You say you were involved with a project that increased profits, improved worker productivity and reduced injuries, when you mean you were accidentally invited to a meeting where the project was discussed. You say you got a university degree that you did not. The last one happened recently in a big way...

By | 2 Minutes Read

Government anti-spam website offers tips for businesses, organizations and individuals awaiting regulations

The federal government has introduced a website dedicated to its new anti-spam law, the Electronic Commerce Protection Act. The website, Fightspam.gc.ca, describes the provisions of the law and its purposes, and outlines how organizations and individuals can make sure they abide by the law and protect themselves from spam and other electronic threats.

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