Human resource audit is the process that helps the organization to analyze the core of its businesses and its employees. It is an opportunity to review the processes like recruitment, on boarding, salary and compensation, payroll, retention that are truly contributed to the performance of the organization.
Assure the corporate compliance:
The change in governments and its roles & policies can intervene the organization more often for ensuring the economic security of employees and their safety measures for better working conditions. Implementation of new laws and changes to the existing laws can affect the organization which results in unwanted lawsuits. To avoid this situation, you must conduct HR compliance audit that diagnose the potential risk areas.
Prevents impact on the employment practices:
Alleviate the problems that are impactful to the recruitment, salary & compensation, changes in the technical skills, rising wages and increasing expenditure on the industrial activities. In general, HR audit can helps to mitigate all the problems throughout the employment life cycle.
Improve the policies that impact employees:
Changes in the managerial philosophy and competence have huge impact on the industrial relations in the organization. can improve the area of policies that empower workers; trade union strengths that play in the industrial relations have tremendous influence on the working of the organization
Analyze the inefficiencies in systems:
HR audits can help us to discover any systems or practices that are not productive to the organization. Evaluate the system that is not user friendly. Redundant processes or tasks that is no longer useful to the organization.
Hr audit can improve functions boosting the employee morale and satisfaction of job. It evaluates the overall progress of structure and design of the organization.