HR Auditing: 2017 Review Of Key Issues -BY AtoZ Compliance.

Key Take Away This session discusses the increasing recognition by organizations that their human capital is a source of innovation and a driver of business success, and to be effective in the global economy, their HR audits must be diagnostic, predictive, and action oriented.
Overview

Human resources play a critical—and growing—role in most organizations. Increasingly, human resources determine the success of organizations. And for some organizations, human resources are a critical factor in their organizations’ survival.
These factors create a growing demand for a report on how well this critical organizational asset is being managed and thus the need for an HR audit. As noted, in the global economy, human resources have become for many organizations the single most important determinant of competitiveness, productivity, sustainability, and profitability. Increasingly, organizations’ human resources are a critical source of innovation and a driver of business success.
Additionally, the recent confluence of economic, political, and social factors have resulted in increased statutory and regulatory requirements, greater transparency, and increased internal and external audit activity.
Finally, governmental agencies have become more active and have committed more resources in conducting employer assessments. Governmental agencies now consider organizations self assessments and HR audits as “best practices” and a critical aspect of preventing and managing workplace violations.

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