HR Assessment & Audit
A comprehensive solution for your payroll and compliance needs
HR Assessment & Audit
We @ PAYOF provide a Cost – Effective and thorough internal HR Assessment & Audit for companies from various segments and thus identifying issues and finding solutions to problems before they become unmanageable. It is an opportunity to assess what an organization is doing right, as well as how things might be done differently, more efficiently or at a reduced cost. In particular, legal fees, penalties and back-wage payouts loom for companies that are inattentive to compliance. We are all too familiar with the stories of companies that were non-compliant and the costly consequences they faced.
HR Assessment
HR assessment is a thorough assessment of tactical and strategic Human Resource functions. This assessment includes review of all HR initiatives, processes, procedures, and files that allows us to highlight strengths, pinpoint weaknesses, and provide valuable information in roadmap form to help you bridge the gaps and keep you moving in the right direction.
An assessment includes:
- Interviewing the executive team, Managers/Supervisors/Employees to gain feedback and an overall insight on possible areas of improvement
- Reviewing the current policies and procedures against benchmarked practices, thus helping organizations to become a better workplace
- Auditing documents and files to determine the compliance with the Labour & other local bodies (Labour License etc..)
- Provide a proper feedback report to the executive team on areas that are performing well and the ones that are not. Also recommend ways to improve shortfalls.
- Provide follow up support and service
Our Process
JD/KPI/KRA Setting
Set various JD’s, KRA’s & KPI’s to the employees across departments to assess their productivity
Joining & On-Boarding Kit
Provide employees with a joining/On-Boarding Kit
Performance Appraisals
Conduct an annual Performance Appraisal to assess if they are eligible for a salary hike/Promotion or if they needed a refresher course
Employee Career Progress
Keep a constant eye on the progress of the employees’ career and guide them whenever needed
Exit formalities and feedback
Make sure the exit formalities are completely before an employee leaves, just to find out the reason why they are leaving. Because, it maybe because of some bitter experiences they had experienced while their tenure in the company. It always may not be the case.
Reference Check
Just do a reference check before an employee joins just to find his past work experience
HR Audit
Auditing refers to a comprehensive method of objective and systematic evaluation of current practices, documentation and policies & procedures prevalent in the HR system of the company. An effective HR audit helps in recognizing the need for improvement and enhancement of the HR function. It also guides the company in maintaining compliance with ever-changing rules and regulations.
Review & Audit
This phase engages a review of the company’s policies, HR manuals, employee handbooks, reports, etc., which acts as the basis of working in the company.
Due & Timely Compliance (PF, ESIC, Gratuity, Bonus, POSH etc.)
This phase engages in checking whether the company is ‘Statutory Compliant’.
Reporting & Communicating to the management
This phase engages in reporting to the management how everything is being carried out at present upon thorough analysis.
Suggestions for corrective actions
This phase engages in suggesting to the management the necessary developments needed at specific places/departments on the basis of the audit report.