Policies
Conflict of Interest Policy
Glyph Community has a Conflict of Interest Policy and operating procedures are in place to avoid and manage situations of actual or perceived conflicts of interest. The Policy is read and acknowledged by each member of the Board of Glyph Community, the Board Committees, and employees upon appointment and annually thereafter during the term of office. In the event a conflict of interest situation arises, full disclosure must be made and the interested member must abstain from any discussion and voting on the matter.
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Staff Remuneration and Appraisal Policies
To avoid any conflict of interest or any conflict in roles, members of the Board of Glyph Community and Board Committees are not paid for their services as a Board Member. Board Members who are staff are paid for their roles as key staff and are not involved in setting their remuneration. All staff are not involved in setting their remuneration.
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There are currently no staff receiving remuneration exceeding SGD 100,000.
Financial Policies
Procurement policy necessitates competitive quotations for fair pricing and quality. Authority levels have been set and approved by the Board of Directors. Annual Budgets are approved by the Board before adoption and monitored regularly. Payments are regulated by a payment process and in accordance with the mandate for payment. A Log of all financial transactions is maintained. No cash is collected for any transactions. Reconciliations to bank statements are performed regularly.
Reserve Policy
Glyph Community shall maintain a reserve that is equivalent to 2 years of its operating expense. This is to ensure continuity in services to its clients. On a yearly basis, Management reviews the amount of reserves that are required to ensure that they are adequate for Glyph Community’s operations.
Glyph Community does not currently have any restricted funds.
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Volunteer Management Policy
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Glyph Community seeks to ensure the best possible match between interested volunteers and the organisational needs. Find out more here.
Investment Policy
Glyph Community does not invest any of its funds.
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