Dr Maik Arnold, FRSA
Dr Maik Arnold, FRSA

Professor

Researcher

Systemic Coach

Dr Maik Arnold, FRSA
Dr Maik Arnold, FRSA

Professor

Researcher

Systemic Coach

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Month: April 2019

April 22, 2019 Budgeting in Human Service Organizations

A budget represents a plan of current and expected incomes and expenses, costs and services, ordered by operating units and dates, and is usually monitored by the management on a regular basis. This article describes how Human Service Organizations use different budgeting techniques and, furthermore, shows which aspects have to be considered in the implementation of budgets in such organizations.

April 15, 2019 Financial Accounting in Human Service Organizations

Corporate accounting serves as a systematic collection, administration, and evaluation of quantifiable (monetary and non-monetary) data and information with the aim of planning, reporting, and controlling the profitability of an organization. This essay describes the fundamentals of financial accounting and their practice in Human Service Organizations.

April 8, 2019 Performance-oriented Pay in Human Service Organizations

Performance-oriented compensation (also referred to as “pay(-ment)”) is a direct or indirect remuneration or variable salary component paid to employees depending on their performance and capacity (“pay per performance”). Additional to other incentive systems or schemes, performance-oriented pay is primarily designed to increase the motivation and performance of professionals and managers, and thus also the productivity and effectiveness of the whole organisation.