As your business grows, your human resource compliance requirements change. Find out what you need to know to ensure HR compliance in compensation, hiring, benefits, and performance management.
HR compliance is the process of ensuring that a company’s HR policies and practices meet applicable legal and regulatory requirements. It goes beyond the company’s written policies to all of the actions resulting from them every day.
For example, a company may publish a sick or bereavement leave policy that adheres to the Family and Medical Leave Act (FMLA). But if a manager makes a decision regarding sick leave that violates the law, the company’s compliance is compromised.
That’s why it’s so important for businesses to establish a culture of HR compliance as part of their overall human resource management strategy.
That culture is one in which executives, managers, and employees understand their rights and mutual responsibilities under the law and are empowered to respond to activities that threaten the company’s compliance.
This is tremendously valuable to any business because it protects you financially, safeguards your good name, and promotes a positive, functional work environment for all employees. For more information click the link HR Compliance: A Guide for Small Business Owners | The Blueprint (fool.com)
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Coach Jennifer