Essentials and must-dos to be 100% HR Audit Compliant in 2017

         HR audits are designed to identify potential or actual problem areas, either external or internal factors, that impact you and your organization. HR audits help, help assess the effectiveness of current HR management activities, help assess weaknesses in HR internal control processes, and help assess human capital strategic and compliance related risks. Numerous studies have identified that human capital plays an essential role in developing a company's strategy, handling the employee-centered activities, indeed determining long term success of an organization.

• Human capital instigates competitiveness, productivity, sustainability, and profitability
• Originator of innovation which in turn works as a driver of business success
• Industries failure to assess the economic, political, and social risks of corporate scandals
• Ever increasing statutory and regulatory requirements and a call for greater transparency
• Gauging the risks and opportunities from enterprise risk management (ERM) from human capital perspective
• Government agencies ever broadening, aggressive assessment of employment policies and practices

         Importantly, the EEOC, the OFCCP, U.S. DOL, and ICE have advised employers that they consider self assessments and audits a Best Practice.

         Companies / HR professionals / employees who need to either understand the below or work on strengthening the below, would benefit from this session.

• Making sure that effective utilization of the organizations human capital
• Reviewing material risks and liabilities in administration compliance in an organisation
• Instilling a sense of confidence in management and the human resources function
• Maintaining or enhancing the organization and the departments reputation in the community
• Satisfying shareholders or potential investors/owners by performing Due Diligence review
• Measuring and monitoring human resource management issues

         Learn in depth about how HR audits could act as a guide through the mesh of human capital management and employment and labor laws and regulations.

• Analyse and drill the current trends in HR Auditing
• Learn the critical components of an HR audit
• Discuss economic, political, regulatory, and social factors affecting HR audits
• Brief on the different HR auditing tools and its uses
• Retrospect on development of Scorecard for HR Audit

This will benefit a wide array of Professionals such as:

• HR Professionals
• Internal/External Auditors
• Business Owners
• CFOs
• Risk Managers
• CPAs