HR Auditing: Critical Risk Management Practices to Help Avoid Liability
A number of key issues will affect organizations in 2020, making the need for HR auditing more crucial than ever. First, in the global economy, human capital has become for many organizations the single most important determinant of competitiveness, productivity, sustainability, and profitability. Second, a confluence of economic, political, and social factors requires an interest in statutory and regulatory requirements, a call for greater transparency, and a heightened sensitivity to internal and external audit activity. Third, governmental agencies have become more active — some would argue, more aggressive — and have committed more resources to conducting assessments of employment policies and practices. Importantly, the EEOC, the OFCCP, U.S. DOL, the NLRB, and ICE have advised employers that they consider self-assessments and audits a “best practice.” Finally, human resources management has become more than just a compliance issue. It affects the organization’s strategies, determines the organization’s technical capacity, and is a critical factor in achieve operational success.
How effectively is your organization managing its human capital? Is your human capital helping you achieve organizational objectives? Are your employment practices creating material risks and liabilities? Please join Ronald Adler for a discussion of the development and use of HR audits in answering these questions and addressing critical risk management and due diligence issues.
WHAT YOU’LL LEARN
Just a sampling of the many practical tips you’ll take away:
- How effective are your organization’s human resource management activities?
- Are your human resources management activities helping you achieve business objectives?
- Are your employment policies and practices creating material risks and liabilities?
- What are your organization’s critical issues that should be audited?
- What HR audit tools and processes should be used in auditing your organization?
- AND MUCH MORE!
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