An HR audit involves devoting time and resources to taking an intensely objective look at the organization’s HR policies, practices, procedures, and strategies to protect the organization, establish best practices and identify opportunities for improvement.
Performing an HR audit is especially important because it mitigates the risk of being liable for what are deemed “unfair employment practices”. Legal issues and conflicts can be extremely costly, and HR audits are a proactive way to minimize the costs associated with such compliance issues. An HR audit can
- Ensure compliance with important HR regulations.
- Help eliminate the guesswork around benefits packages.
- Help you stay up-to-date with the latest employment laws and trends..
- Help ensure that your employees are being paid fairly.
- Accurately classify your employees.
- Analyze and reduce employee turnover. .
- Improve organizational structure and update job descriptions.
- Help you adapt to the evolving expectations of Millennials and
- Help address and prevent harassment.
