Human Resource Management program which provides up to 2.5 hours paid study Staffing per week and reimbursement of The Corporation’s staff are employed course under the costs upon successful completion (capped Public Sector Employment and Management Act Section 10 of the Northern at Territory Treasury Corporation Act permits $1500 per unit). the Under Treasurer to assign employees to the Corporation from Northern Territory Treasury, on either a or basis. As at 30 June 2012, the Corporation had Staff undertook training and professional development in the eight following areas: employees: five females and risk management; three males. report writing; Staff are required to comply with the taxation; PSEMA, Code of Conduct and the codes of ethics of all cultural awareness; relevant systems; and professional associations. business administration. Employee Performance Management Employees are reimbursed half the cost The Corporation, in conjunction with of their annual professional membership Northern Territory Treasury, operates an fees where membership is relevant to Employee Development Framework their work role. (EDF), which provides a Management and staff hold memberships feedback structure between managers with the following professional bodies: and staff. The framework is designed to Australian Financial Markets Association; identify and develop the work performance of employees, so that the Australian Society of Certified Corporation’s and employees’ objectives Practising Accountants; and goals are achieved. Staff and Australian Institute of Company management undertake two performance reviews each year. Development Directors; and requirements Financial Services Institute of Australasia. Equal Opportunity and are recorded and followed up using the Workplace Harassment The Corporation Northern is an equal opportunity employer and is committed to providing a workplace that Territory Treasury EDF database. is free from discrimination and Training and Professional Memberships harassment. undertake training and All employees are required to take professional development aligned with sessions on organisational requirements which are generally identified through the EDF and process. In addition to training, staff are harassment encouraged to undertake finance awareness to promote an understanding of and study through such issues and inform staff of policies in various place professional bodies and institutions at the to address any incidents. In addition, level. Formal study is Northern supported Territory Treasury has formal and informal by Northern Territory Treasury’s Study complaints processes as well as a Assistance
Human Resource Management Staffing The Corporation’s staff are employed under the Public Sector Employment and Management Act Section 10 of the Northern Territory Treasury Corporation Act permits the Under Treasurer to assign employees to the Corporation from Northern Territory Treasury, on either a or basis. As at 30 June 2012, the Corporation had eight employees: five females and three males. Staff are required to comply with the PSEMA, Code of Conduct and the codes of ethics of all relevant professional associations. Employee Performance Management The Corporation, in conjunction with Northern Territory Treasury, operates an Employee Development Framework (EDF), which provides a feedback structure between managers and staff. The framework is designed to identify and develop the work performance of employees, so that the Corporation’s and employees’ objectives and goals are achieved. Staff and management undertake two performance reviews each year. Development requirements are recorded and followed up using the Northern Territory Treasury EDF database. Training and Professional Memberships undertake training and professional development aligned with organisational requirements which are generally identified through the EDF process. In addition to training, staff are encouraged to undertake finance and study through various professional bodies and institutions at the level. Formal study is supported by Northern Territory Treasury’s Study Assistance program which provides up to 2.5 hours paid study per week and reimbursement of course costs upon successful completion (capped at $1500 per unit). Staff undertook training and professional development in the following areas: risk management; report writing; taxation; cultural awareness; systems; and business administration. Employees are reimbursed half the cost of their annual professional membership fees where membership is relevant to their work role. Management and staff hold memberships with the following professional bodies: Australian Financial Markets Association; Australian Society of Certified Practising Accountants; Australian Institute of Company Directors; and Financial Services Institute of Australasia. Equal Opportunity and Workplace Harassment The Corporation is an equal opportunity employer and is committed to providing a workplace that is free from discrimination and harassment. All employees are required to take sessions on and harassment awareness to promote an understanding of such issues and inform staff of policies in place to address any incidents. In addition, Northern Territory Treasury has formal and informal complaints processes as well as a
AR-NTTC-1112.docx