HR Audit: Key Issues for 2022
ESTDate: Aug 26, 2022, FriStart Time: 01:00 PM
PDTDate: Aug 26, 2022, FriStart Time: 10:00 AMDuration: 1.5 HrsTopic ID: WEB01436
HR audits are designed to help your organization focus its attention on its human resource management practices, policies, procedures, processes, and outcomes by providing you with a structured and systematic series of questions about key compliance, risk management, internal auditing, and human resource management issues.
As an auditing process, HR audits are designed to help your organization identify potential and actual problem areas, help assess the effectiveness of HR management activities, help assess weaknesses in HR internal control processes, and help assess human capital strategic and compliance related risks. HR audits then typically provide suggestions for corrective action.
Importantly, HR audits consider human capital related risks and opportunities from an enterprise risk management (ERM) perspective. That is, HR audits take a holistic approach in assessing human capital risks and attempts to indicate the interrelationships and interactions between HR and other management and organizational issues.
Recognizing that no two employers are alike and that the practices, policies, and processes that may be appropriate and effective for multinational corporations may not be appropriate for small and medium size companies or non-profits, an organization's HR auditing should help it develop and tailor employment practices, policies, procedures, and processes to meet its specific needs. Thus, your HR audit should first provide your organization with the "right" questions to ask about various employment practices issues; then help you determine the optimal answer for your organization.
While HR audits alone will not guarantee that your workplace will be selected as a "best place to work" or be free from all legal challenges, they will serve as a guide through the maze of human resource management best practices and employment and labor laws and regulations. HR audits will further enhance the value of your organization's human capital, enhance your organization's competitiveness, and reduce your organization's exposure to employment practices liabilities.
Why Should You Attend:
In the global economy, human capital has become for many organizations the single most important determinant of competitiveness, productivity, sustainability, and profitability. Increasingly, the organization's human capital is the source of innovation and a driver of business success.
Second, a confluence of economic, political, and social factors, including corporate scandals, the failure of the financial industry to adequately assess risks, and increasing stockholder initiatives, have resulted in increased statutory and regulatory requirements, a call for greater transparency, and increased internal and external audit activity.
Third, governmental agencies have become more active - some would argue more aggressive - and have committed more resources to conducting assessments of employment policies and practices. Importantly, the EEOC, the OFCCP, U.S. DOL, and ICE have advised employers that they consider self assessments and audits a "best practice."
How effectively is your organization managing its human capital? Is your human capital helping you achieve organizational objectives? Are your employment practices creating material risks and liabilities? This webinar discusses the development and use of HR Audits in answering these questions and in addressing critical risk management and due diligence issues..
Areas Covered in the Webinar:
This session discusses the development and use of HR Audits in answering such questions and addressing such critical risk management issues as:
- How effective is your organization's human resource management?
- Is your human capital helping you achieve organizational objectives?
- Are your employment practices creating material risks and liabilities?
- What are the key organizational issues that should be audited?
- What HR audit tools should be used in conducting the audit
Who Will Benefit:
- Risk Managers
- Legal Counsels
RONALD ADLER, M.B.A., is the president-CEO of Laurdan Associates, Inc., a human resource management consulting firm and internationally recognized thought leader on HR risk management and HR audits. Mr. Adler has more than 45 years of HR consulting experience working with U.S. and international firms, small businesses and non-profits, insurance companies and brokers, and employer organizations.
Mr. Adler has served as a consulting expert on work force, employment practices, and unemployment insurance issues to The Wall Street Journal, HR Magazine, Bloomberg BNA, and other publications and newspapers. His research findings have been used by the U.S. Federal Reserve Board, the Equal Employment Opportunity Commission (EEOC), the National Conference of State Legislatures, the National Association of Manufacturers, the National Federation of Independent Business, insurers, and international organizations.
Mr. Adler is the developer of the Employment-Labor Law Audit™ (ELLA®), the leading HR auditing and employment practices liability risk assessment tool — now in the tenth edition.
Mr. Adler has served as an adjunct professor at Villanova University, where he taught a graduate course on HR auditing. He has also served as a certified instructor on employment practices and insurance issues for The CPCU Society, has conducted continuing professional education courses for the American Institute of Certified Public Accountants on “Assessing Employment and Personnel Policies,” and has conducted continuing professional education courses for the Society for Human Resource Management (SHRM), the Institute of Internal Auditors, and the Institute of Management Consultants.
Mr. Adler has testified before the U.S. Congress and state legislatures and has served as an expert witness in discrimination and negligent hiring lawsuits. Mr. Adler has served on two national taskforces developing HR professional standards in Human Capital Measurement and Performance Management.
Mr. Adler has served as a subject matter expert on HR metrics to SHRM and formerly served on SHRM’s Human Capital Measurement/HR Metrics Special Expertise Panel. He has also served as a consulting expert on workplace issues to SHRM’s legislative staff and has represented SHRM in meetings with the EEOC.
Mr. Adler holds a bachelor’s degree in Finance from the University of Maryland and an M.B.A. degree from Southern Illinois University.
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