HR Audits: A Critical Part of Enterprise Risk Management

Duration: 90 minutes

Speaker: Ronald Adler

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The HR Audit survey of organizations revealed important findings.  Twenty-nine percent of the 400 respondents conducted both regular and ad hoc HR audits, 76 percent conducted these audits annually, 84 percent included an audit of their recruitment, selection, and hiring processes, and 53 percent identified actionable findings in their HR audits.

 

Numerous external forces and factors have had an impact on the demand for and scope of HR audits.  First, 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 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, while change is likely to occur under the Trump Administration, governmental agencies, will still be committed to encouraging employers’ assessments of their own employment policies and practices.  As a result, the EEOC, the OFCCP, the U.S. DOL, and ICE will likely have a greater interest in ensuring that employers conduct their own self-assessments and audits. 

How effective is your organization’s human resource management in identified critical issues?  Is your human capital helping you achieve organizational objectives? Are your employment practices creating material risks and liabilities? Is HR management an important part of your Enterprise Risk Management activities? This session discusses the development and use of HR Audits in answering these questions and in addressing critical risk management and due diligence issues.

 

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Logistics

This event will be presented live with a PowerPoint presentation to be viewed on your computer. You may listen to the audio of the webinar by telephone or through your computer. The PowerPoint slides will be provided shortly before the event. Once you register, you will receive an email which is your receipt and which includes your instructions for dialing in and logging on. You will also receive an email reminder 24 hours before the webinar.