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Can you afford NOT to conduct an HR Audit?
An HR audit involves devoting time and resources to taking an intensely objective look at the company's HR policies, practices, procedures and strategies to protect the company, establish best practices and identify opportunities for improvement. An objective review of the company's "current state" can help you evaluate whether specific practice areas are adequate, legal and/or effective. The results can provide decision makers with the information necessary to decide what areas need improvement.
Rationale for Conducting an HR Audit
The changing nature of HR management demands that HR professionals participate and contribute fully to their companies as true strategic business partners. An audit will help a company understand whether its HR practices help, hinder or have little impact on the organization's business goals. The audit also helps quantify the results of the department's initiatives and provides a roadmap for necessary changes. Audits also can help the organization achieve and maintain world-class HR practices.
Does your company need an HR audit?
Answer these questions:
Do potential and current employees see your firm as the #1 employer of choice in your business field?
Do you know what your turnover rate is and how much it is costing your company?
Are you satisfied with your employee benefits design and costs?
Do you perceive HR as a critical, profitable strategic function and support it as such?
Have you trained your management regarding:
Do you have written HR policies and procedures for:
Have you distributed your policies / procedures in handbook form to all employees?
Are you prepared to address a harassment or discrimination claim, should one arise?
Do you know who administers your obligations under COBRA?
Are your compensation plans (cash and non-cash) competitive? Do you have data to know?
Do you have completed I-9s for all employees? Are they completed properly?
Are you keeping appropriate safety records and filing the required OSHA reports?
... If you answered "NO" to any of these questions, your organization will benefit from an HR Audit.
Call now for a complimentary consultation at 443-599-9088 or email firstname.lastname@example.org