Being compliant to statutory and organizational laws is also a major part of human resource management. Harm to reputation, legal penalties, and even business loss may be inflicted by the non-compliance. HRMSphere Compliance Management system assists your organization to manage a vast number of compliance requirements effectively and efficiently.
Numerous HR regulations, such as labor laws, tax laws, employee rights and industry-specific norms are considered by HR'MSphere system. It makes proper and faithful compliance to minimise non-compliance. With the system, you have your regulatory requirements saved as well as updated ensuring your organization does not lag behind.
Besides statutory compliances, HRMSphere system also takes care of organizational compliance requirements, like observance of HR policies, work ethics and code of conduct. It gives an effective method of recording, monitoring and management of any breach and subsequent correctional measures.
Product Feature
HRMSphere Compliance Management system is designed as an effective tool that can efficiently manage broad varieties of compliance needs.
Other main characteristics are:
- Compliance with employment laws, taxes, employee rights and specific standards of the industry in which one is operating
- Assuring prompt and effective compliance to reduce the possibility of non-compliance
- Ongoing process of staying up to date on regulatory changes to be in adoption conformity
- A systematic method with which to address any organizational compliance requirements
Benefits for Employers
- A reduced risk of non-compliance and penalties associated with it
- Efficient and exact compliance management processes
- A stable tracking system of the existing regulatory regimes
Benefits
- An organized system of adapting to the requirements of organizational compliance that promotes a sound and just workplace.
- Efforts to defy the integrity of the organization by investigating and promptly acting upon receipt of compliance violations.
- Ensuring that it follows labor laws, tax regulations and employee rights faithfully on the basis of which an organization can be established that is trust worthy and accountable.
Why HRMSphere
HRMSphere does more than automate, organize, and optimize all HR and payroll functions on a secure cloud-based platform: it is your intelligent partner.
Learned Dashboards
Keep on top of what is happening using real-time analytics and dynamic dashboards to have a 360 view of employee information, payroll and HR tasks to make informed decisions.
Unified HR (Platform)
Remove the necessity of a variety of tools. With HRMSphere everything related to attendance and payroll, as well as recruitment, reimbursements and compliance are supported in a single location.
On-site & offsite Support
We do this by giving you on-the-ground support and committed people to man your office or tele-help support to continue the execution of your HR processes and problem solve.
Safe & Regulatory
It is constructed using high-level enterprise security and all statutory norms of India such as PF, ESIC, and labor, are compliant.
