Corporate Compliance Audit

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Corporate Compliance Audit

• Assistance to the employer, to identify and
  evaluate people-related risks and opportunities
  of the business, and recommendations on how to
  maximise opportunities and minimise risks.

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Human Resources in Perspective

• Purpose of Business Profit
• Needs
• products services
• a market/ customers
• infrastructure
• systems processes
• people
• Greatest Competitive Advantage people
• Greatest cost and risk factor people

Need to manage performance
Need to manage risk
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Performance Model
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Competitiveness Rankings 1999
99 98 97 96 Singapore 2.12 1 1
1 1 USA 1.58 2 3 3 4 UK 1.17 8 4
7 15 Australia 1.04 12 14 17 12 Japan
1 14 12 14 13 Norway 0.92 15 9 10 7
Korea 0.46 22 19 21 20 Mexico -0.2 31
32 33 33 Argentina -0.65 42 36 37 37
South Africa -0.74 47 42 44 43 Vietnam
-0.85 48 39 49 N/A Egypt -0.86 49 38
28 29
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Optimism Index - Africa
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Legislative enactments since 1994

• Legislative enactments
• Employment Equity Act
• Labour Relations Act,
• Skills Development and Skills Development Levies
  Acts,
• Unemployment Insurance Fund Act,
• Pension Fund Act
• Promulgation of the Bill of Rights
• Medical Aid Regulations
• Basic Conditions of Employment Act and
  Regulations
• Regulatory Bodies
• The institution of the CCMA / Bargaining Councils
  and Labour Court
• Commission for Employment Equity
• Gender Commission and Employment Conditions
  Commission

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Legislative enactments since 1994

• Codes of Good Practice relating to
• Employment Equity,
• Dismissal,
• Retrenchments,
• Maternity,
• HIV/Aids,
• Sexual Harassment,
• Regulation of Working Time,
• Picketing,
• Balloting and amongst others, regulations
  relating to Smoking in the workplace. Other
  developments have seen amendments to the
  Occupational Health and Safety Act and
  Compensation for Occupational Injuries and
  Diseases Act.

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Impact of non-compliance

• Costs of non-compliance are high
• Unfair dismissals
• Compliance orders
• Labour turnover
• Supplier contracts subject to employment equity
  compliance
• Employee disputes and grievances
• Organisational growth - structured growth
  necessitates formalising of human resource systems

As with financial and technological due
diligence, corporate compliance "implies, not a
cursory review, but an extensive, comprehensive
investigation of issues and their implications
facing organisations and taking appropriate
action based on audit findings."
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The Solution Corporate Compliance Audit

• Purpose
• to assist employers to identify and evaluate the
  people-related risks and opportunities of their
  business, and to recommend how to
• maximise the opportunities and
• minimise the risks
• Background
• Process

Data Collection Assessment
Report of Risk Rating Opportunities

• Recommendations how to
• improve risk rating
• maximise opportunities

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The Solution Corporate Compliance Audit

• Benefits
• Information about your company and your people
• Comprehensive assessment of all Human Resource
  issues
• Awareness of the risks and barriers to success
• Identify individual and company growth potential
• Gain an understanding of how to improve certain
  processes for greater benefit, greater success
  and less risk
• Determine the extent of compliance with
  employment law requirements
• Attract and retain the BEST people for the job
• More effective management and use of human
  resources through the implementation of non
  discriminatory employment policies and practices
• Identify and implement human resource best
  practices

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The Solution Corporate Compliance Audit
Areas Covered Human Resource Strategy Recruitment
and Selection Performance Management Training and
Development Compensation Conditions of
Employment Employment Law Dispute Resolution
New
Specialised Audits Employment Equity
Audit Mergers and Acquisitions Audit Industrial
Relations Audit Occupational Health Safety
Audit Communications Audit Information Technology

• Additional Cross-
• Functional Areas
• Communication
• Information Reporting
• Employment Equity
• Systems Procedures
• Budgets Finances

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Value Added What does the client get?

• CCA Audit report recommendations
• Free Products
• Training Modules on the following
• Managing Employee Conduct
• HIV/Aids
• TB Smoking
• Alcohol Abuse
• Monthly E-mail Newsletter
• Discounted subscription to Workinfo.com
• Discounted subscription to caselaw.co.za

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CCA Audit Options

• Self Audit R 990
• generic report, no recommendations
• Facilitated Audit R2950
• company specific report recommendations
• assistance by consultant
• Comprehensive Audit R8750
• 1-200 employees
• 200 or more employees subject to quotation