Number of primary controls per 1,000 employees

This measure calculates the number of primary controls per 1,000 employees. In the context of internal controls, a primary control is a control that is part of regular oversight and management. The set of primary controls form the basis of the organization's internal controls. This measure is part of a set of Process Efficiency measures that help companies optimize their "operate controls and monitor compliance with internal controls policies and procedures" process—which incorporates planning, management, operations, and monitoring of internal control mechanism policies and procedures in order to manage internal controls—by minimizing waste and refining resource consumption.

Benchmark Data

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Measure Category:
Process Efficiency
Measure Id:
101375
Total Sample Size:
478 All Companies
Performers:
25th
Median
75th
Key Performance
Indicator:
No

Compute this Measure

Units for this measure are controls.

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Number of identified primary controls / (Number of business entity employees * 0.0010)

Key Terms

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Process efficiency

Process efficiency represents how well a process converts its inputs into outputs. A process that converts 100% of the inputs into outputs without waste is more efficient than one that converts a similar amount of inputs into fewer outputs.

Full-time Employee, Part-time Employee, and Temporary Employee

Full-time Employee

For the purpose of this survey, a regular full-time employee is hired for an indefinite period of time and is normally scheduled to work forty hours per week. Appointment is continuous, subject to satisfactory performance and availability of funding.

Part-time Employee

For the purpose of this survey, a regular part-time employee is hired for an indefinite period of time and is scheduled to work less than forty hours per week.

Temporary Employee

A temporary employee is employed for a finite period of time, to fulfill a time-limited role, or to fill the role of a permanent employee who is absent from work. The length of time an employee can work for the organization and be considered a temporary employee may be governed by employment legislation.

Measure Scope

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Cross Industry (7.2.1)

  • 9.8.2.1 - Design and implement control activities (10917) - Defining and executing policies, procedures, techniques, and mechanisms and actions taken to minimize risk.
  • 9.8.2.2 - Monitor control effectiveness (10918) - Overseeing the activities for internal controls. Observe the effectiveness of policies, procedures, techniques, and mechanisms actions taken to minimize risk.
  • 9.8.2.3 - Remediate control deficiencies (10919) - Taking corrective measures for policies, procedures, techniques, and mechanisms actions taken to minimize risk. (Conduct in accordance with Monitor control effectiveness [10918] in order to determine and rectify the control deficiencies.)
  • 9.8.2.4 - Create compliance function (10920) - Developing a compliance function for internal controls. Monitor trading activity. Avoid conflicts of interest. Safeguard compliance with guidelines at brokerage houses. Avoid money laundering and potential tax evasion.
  • 9.8.2.5 - Operate compliance function (10921) - Administering operational activities of a compliance function.
  • 9.8.2.6 - Implement and maintain controls-related enabling technologies and tools (10922) - Implementing and maintaining the compliance technological systems or equipment that are control-enabled.