HR Auditing Services - Accuprosys - PowerPoint PPT Presentation

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HR Auditing Services - Accuprosys

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HR auditing services for an organization are analogous to annual health check-ups for individuals. This is because HR auditing identifies the shortcomings and loopholes in a company’s management and running of HR functions, making employees more efficient, productive and engaged. Consultants offering HR auditing services examine all the functions of their client’s HR department, right from the recruitment to the exit interviews. An HR audit firm checks for the deficiencies or shortcomings responsible for impairing the effective functioning of each department in the organization. HR audits not only discover the deficiencies in an organization but also encourage, highlight and propose best practices. – PowerPoint PPT presentation

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Title: HR Auditing Services - Accuprosys


1
HR Auditing Services
Much Needed, Most Neglected
2
INTRODUCTION
HR auditing services for an organization are
analogous to annual health check-ups for
individuals. This is because HR auditing
identifies the shortcomings and loopholes in a
companys management and running of HR functions,
making employees more efficient, productive and
engaged. Consultants offering HR auditing
services examine all the functions of their
clients HR department, right from the
recruitment to the exit interviews. An HR audit
firm checks for the deficiencies or shortcomings
responsible for impairing the effective
functioning of each department in the
organization. HR audits not only discover the
deficiencies in an organization but also
encourage, highlight and propose best practices.
3
MUCH NEEDED?
An HR audit is a very crucial requirement for
organizations in order to ensure it has a
competitive advantage. It enhances the
productivity of the departments and employees,
checks on legal compliance, identifies training
and development requirements, and analyses
strengths and weaknesses. Auditing by an HR audit
firm is essential not just for large enterprises
but also for small and mid-scale businesses. By
taking HR auditing services routinely, businesses
can always manage to stay a step ahead of the
changes in their organization that are affecting
HR functions. Companies utilizing such services
are better able to manage their workforce and the
quality of their employees.
4
Purpose of HR Auditing Services
The objectives of an HR auditing service are not
always constant and vary according to the
individual needs of the client organization. On
the one hand, an HR audit is required to check
whether the organization is in line with
corporate laws laid out by the government. On the
other hand, it also checks whether the company is
following its own policies and best practices. An
HR auditing service also makes sure that the
companys functions are aligned with its
strategic goals. It reviews the functioning of
the HR department and assesses the effectiveness
of implemented policies.
5
Purpose of HR Auditing Services
It identifies the factors that are responsible
for any shortcomings. It suggests strategies and
correctional policies to rectify the mistakes and
lapses in a companys functions and workforce. HR
auditing services also review whether or not the
organizations management is adhering to best
practices. HR audit firms are therefore the
doctors of the corporate world. HR auditing
services are especially important during mergers
and acquisitions. It identifies the lapses and
shortcomings in policy implementation and
suggests remedial action.
6
Purpose of HR Auditing Services
This is because an audit assesses whether the HR
function for the company resulting from the
merger should be created based on a blend of the
HR processes of the two merged companies or on a
completely new basis. During acquisitions, the
services of HR audit firms are especially
important because it is best to get due diligence
done by third parties to ensure legal compliance
before the acquisition is actually carried out.
7
Most Neglected?
Because the human resources of a company are its
main strength, companies need to analyze whether
the processes they have in place for their
management are efficient enough. Important
processes that require the attention of HR
auditing services include budgeting, retention,
employee turnover, compensation, training and
development, and any other process that has a
direct bearing on the employees of an
organization. Despite its importance, most
organizations fail to realize the value of HR
audit, considering it an additional expense.
However, experts say otherwise.
8
Accuprosys is one of the best HR audit firms that
offer HR auditing services in Hyderabad. It also
provides correctional policies for its clients on
an individual basis after the completion of an HR
audit.
9
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