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Showing posts with the label human resource management practices

HR Auditing: Major HR Issues for 2020 -- Are You Ready to Handle Them?

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OVERVIEW HR audits are designed to help organizations focus their attention on their human resource management practices, policies,procedures, processes, and outcomes by providing them with a structured and systematic series of questions about key compliance, risk management, internal auditing, and human resource management issues. HR audit processes are designed to help organizations identify potential and actual problem areas, help assess the effectiveness of HR management activities, help assess weaknesses in HR internal control processes, and help assess human capital strategic and compliance related risks. HR audits then typically provide suggestions for corrective action. Importantly, human resources audit programs consider human capital related risks and opportunities from an enterprise risk management (ERM) perspective. That is, HR audits take a holistic approach in assessing human capital risks and attempts to indicate the interrelationships and interactions between ...

HR Auditing: Important Issues for 2020

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OVERVIEW There are numerous external and internal forces and factors that have an impact on organizations. Increasingly this list includes the strategic, tactical, and legal activities of managing their human capital. Like the management of their financial capital, effective management of organizations’ human capital play a critical role in determining their success. And like the benefits of financial audits, HR audits provide management with a method of determining whether human capital is effectively used, where human capital is incorrectly – or unlawfully — used, and how to improve human capital return on investment. HR audits are designed to help organizations focus their attention on their human resource management practices , policies, procedures, processes, and outcomes by providing them with a structured and systematic series of questions about key compliance, risk management, internal auditing, and human resource management issues.  As an auditing process, HR audits...

Webinar on Major HR Issues for 2020: Are You Ready to Handle Them?

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HR audits have become a critical tool in identifying problem areas and are evolving from an ad hoc audit activity to a critical element of an organization’s risk management and compliance processes. Our upcoming webinar discusses the development and use of HR Audits in addressing critical risk management and due diligence issues. The webinar covers the following key areas: ·          Is your human capital helping you achieve organizational objectives? ·          Are your employment practices creating material risks and liabilities? ·          What are the key organizational issues that should be audited? LEARNING OBJECTIVES This session discusses the development and use of HR Audits in addressing such critical risk management issues as: · How effective is your organization’s human resource management?   · Is your human capital helping you ac...