In the regulations-oriented landscape of human resource, it is easy to become overwhelmed with the various compliance reports and rules. It is imperative to abide by all the HR regulations, as failing to do so might incur heavy penalties and flaks to an organisation. This is why compliance is more important than ever for HR. Nevertheless, as long as your company takes the necessary steps, HR compliance will do no harm.
Communicate and Co-operate
Whilst lucid communication is an integral thing for any department, it becomes tenfold when it comes to HR. Firstly, it is mandatory to develop relationships with the respective government agencies and authorities. Forms ought to be furnished in a timely manner, any requests for extension should not be put forth at the last moment and any doubts pertaining to regulations must be brought up as and when encountered.
Read here: Statutory compliance and payroll in India: All an employer should know
Conduct regular meetings to keep the entire HR and management team on the same page pertaining to changes or updates in any regulations. Furthermore, having a crisp and extensive communication strategy in the event of any incident will help things go smooth.
Having clear expectations from the regulatory bodies and a well-informed HR team makes it easier to communicate with the employees. Informing your people about new revelations will assist your HR team to act swiftly during the transition.
Flying to the Clouds!
Even a slightest of change can leave a huge impact on your HR department’s productivity. When it comes to HR compliances, embracing a paperless strategy could save tens of hours for the HR. Yes, digital forms can be filled fast, are difficult to misplace and easier to share as well as access.
Cloud is flourishing tech trend that is assisting human resources professionals. Gone are the days of filing cabinets and searching for lost documents across the office. Yes, with a cloud based HR & payroll software, storing and managing all those compliance forms and documents is a cakewalk. No need to fret about losing important compliance related documents to a fire outbreak or a crashed computer, as cloud keeps all your data intact to be accessed from anywhere and anytime.
Not only a cloud HR and payroll software streamlines compliance related processes, but it also improves HR functionalities in ways a business might not have imagined.
Also on Pocket HRMS Blog: HR & Compliance: A Love and Hate Relationship
No more distractions!
Abiding by the countless HR regulations is not an option, but rather a necessity. Nevertheless, your approach to dealing with compliances would decide the fate of your business. Even when you take the right steps, it can be challenging to avert compliance issues draining your HR department’s productivity. Thus, partnering with a payroll software provider is one of the best solutions for eliminating distractions and streamlining HR compliance operations.