Overcoming the Challenges of Law & Regulatory Compliance with Digital HRMS
Compliance with the laws of a region are often the priority of enterprise and business owners, because of the consequences of non-compliance which may include fine, along with massive damage to reputation and brand value. The purpose of having a set of laws and regulation in place, is to ensure that the organizations are following a standard when it comes to business operations.
The HR department has traditionally been responsible for managing the legal compliance for the business and it still applies today. However, the dimensions to the compliance requirements have multiplied over the years. Today, there are a lot of areas that need to be considered by the HR department of an organization in order to ensure 360-degree compliance for the organization. Add to that the fact about the ever changing labour laws, and you get an idea about the challenging situation about compliance in enterprises today. The advent of technology has changed the way business look at law and regulatory compliance today, with the advent of HR software that are designed to help enterprises ensure compliance with the law, and Digital HRMS is one such platform.
The Challenges in Law & Regulatory Compliance
Given below are the key challenges faced by the HR department when it comes to compliance.
- Rapidly changing employment laws across the globe.
- There are many areas to look into from a legal perspective including workplace equality, minimum wage, data protection, to name a few.
- Compliance to the General Data Protection Regulation (GDPR), introduced in May 2018, which are strict laws governing privacy of user data.
- Validation and legal verification of employees joining an organization.
- Keeping checks on the violations of the Working Time Directive that makes it mandatory for employees to not exceed 48 hours of work every week and this includes overtime.
What Makes Digital HRMS the Ideal Solution
Digital HRMS is an integrated HR Management software platform that serves as the ideal HR partner when it comes to managing the aspect of law and regulatory compliance for the organization.
a] Digital HRMS is a GDPR Compliant Software
Comprises a set of laws governing the data privacy of the citizens of the European Union (EU) that came into force in May 2018. GDPR was defined by the European Union (EU), with UK also being a part of it. According to GDPR, any website or business that collects data of EU and UK citizens, are not allowed to use this data for their benefit. To put it simply, the business or website is not allowed to share the data with any third party without the prior consent of the users.
Digital HRMS is a GDPR Compliant software which means it ensures complete privacy of the personal data of users.
b] Digital HRMS Facilitates Easy Verification of Employees
With the Employee Management module of Digital HRMS, it is easy for the HR department to verify the background of new hires. This ensures that every new hire has a clear background with no record of criminal
activity. Digital HRMS automates the entire process of background verification easy and hassle free, with every detail tracked for every employee.
c] Digital HRMS Tracks the Work Hours of Employees
When it comes to compliance to the laws that define the working hours of employees, Digital HRMS allows the organization to keep a track on employee working hours and even generate detailed graphical reports on the average weekly hours for every employee. This way, employees can get automated notifications about their working hours.
Want to explore how Digital HRMS can help your business ensure law and regulatory compliance? Visit our website www.digitalhrms.com or drop us an email on marketing@digitalhrms.com and our team will get in touch with you.