What is an HR audit and why is it important?
When it comes to risks in the management of human resources, employers and HR professionals should not simply wait for an inspection by the Department of Labour, the Social Insurance Services, the Income Tax office or another government bureau to knock on their door. Regular audits are the best way to defend an organisation against potential employment claims, adverse government department findings or fines. Most people are familiar with annual financial audits (the legal requirement for organisations to provide reasonable assurance that their financial statements are complete and accurate) but not many have heard of HR Audits. The performance of people (human resources) is one of the most difficult aspects of organizational performance to measure. HR audits can provide valuable help in this direction as they are a powerful tool…
