WHAT IS THE PURPOSE OF A HUMAN RESOURCE AUDIT?
An HR Audit is an indepth process of reviewing current human resources procedures, policies, systems and documentation used to identify strengths of existing practices and to identify needs for impovement and enhancement of the human resource function. A systematic approach is utilized to ensure compliance with constantly changing and updating of local, state and federal rules and regulations.
SECTIONS OF REVIEW INCLUDE:
A properly executed HR Audit will identify problem areas and provide recommendations and suggestions to the deficiencies. Some reasons to conduct an HR review include:
With a continous increase in government regulation, oversight and enforcement, an employer who chooses to overlook regulatory compliance within their HR functions could face:
Avoidance of costly penalties help define the risk of non-compliance and signify the importance of conducting periodic HR Audits, an audit can also ensure that policies and procedures are fair and are administered consistently across your organization. This will help to increase employee satisfaction and morale, while decreasing turnover rates and reducing the high costs associated with replacing employees.