Human resources audit is perhaps the most important audits that an organization needs to carry it. The reason is that HR auditing is directly related to employees, the most important resource for an organization. Since HR auditing helps the organization assess its strengths and weaknesses in relation to this most important of resources; HR audit is considered very crucial.
In what ways do HR audits help organizations?
HR auditing helps organizations in a number of ways. It helps:
- Locate potential and actual problem areas
- Evaluate the effectiveness of current HR management activities
- Gauge the weaknesses in HR internal control processes
- Value human capital strategic and compliance related risks, and
- Offer suggestions for corrective action on all these
How do organizations get their HR auditing right?
In the backdrop of the importance that an HR audit has for an organization; it needs to get its HR auditing right, if it has to achieve what it sets out to. But how does HR get this crucial function right?
This is the learning that a webinar being organized by TrainHR, a leading provider of professional trainings for the HR industry, will offer. The speaker at this webinar, Ronald Adler, is an acclaimed HR guru. Log on to http://www.trainhr.com/control/w_product/~product_id=701424LIVE/~Ronald_Adler/~HR_Audits:_Key_Issues_in_2016 to enroll for this important learning session.
The core purpose of this webinar, which has been approved for 1 HR (General) recertification credit hours toward aPHR, PHR, PHRca, SPHR, GPHR, PHRi and SPHRi recertification through HR Certification Institute (HRCI), is to help organizations direct their attention on their human resource management practices, policies, procedures, processes, and outcomes.
Want to get your HR auditing right? Learn to ask the right questions
The key to getting the HR audit right is to ask the right questions. How do HR professionals do this? Ronald Adler will equip participants with the insight needed for asking the right questions in order to get the HR audits right.
He will explain how HR audits should throw up a structured and systematic series of questions about key compliance, risk management, internal auditing, and human resource management issues to HR, which really is the main purpose of these audits.
A look at key issues affecting HR audits in 2016
Due to the conjunction and interplay of a number of important factors; HR auditing has taken a new role and importance from 2016. These factors include:
- The increasing importance of human capital in the age of ever increasing globalization
- The inadequacy of present financial institutions in the financial industry to foresee and contain the outbreak of corporate scandals and bring about greater transparency in these institutions
- The recognition by leading bodies and legislations such as the EEOC, the OFCCP, U.S. DOL, the NLRB, and ICE of the importance of HR audits as an effective tool for self-audits
The ERM perspective in HR audits
Additionally, Ronald Adler will emphasize the importance of HR audits in considering human capital-related risks and opportunities from an Enterprise Risk Management (ERM) perspective. What is meant by this is that the HR audit should take a holistic view of human capital risks and align the interrelationships and interactions between HR and other functions relating to management and the organization.
Ronald Adler will also review the current use of HR audits and explain how HR Audits can be used to help the organization reduce risks and seize potential opportunities.