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The Importance of Statutory Compliance in HR in India — Ultimate Guide by Aparajitha

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  At the centre of any organisation are the human resources (HR) function. The HR department focuses on identifying, hiring, and retaining people with the right skill sets and qualities to execute the organisation’s strategy and achieve its goals. Given the importance of  HR compliance in India , it is an important player in the organisation’s compliance structure. To start with  compliance management  in HR practices — there are fair labour regulations in every country, state, and sector that offer mandatory regulations and guidelines on minimum wages, working conditions, leave policies, maternity leave, employee rights, overtime pay, allowances, gratuity, etc. statutory compliance in HR  is critical for organisations to ensure they are following all relevant laws and regulations related to employment and to meet their legal obligations, protect their employees, maintain a positive reputation, and gain a competitive advantage. Keep reading to know more about th...

HR Compliance: Why it's Important and How to Ensure Your Business is Protected

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  As an HR professional or business owner, it's crucial to understand the importance of HR compliance . HR compliance refers to the legal and regulatory framework that governs employment practices and ensures that businesses are following applicable laws and regulations. Failure to comply with HR laws and regulations can result in hefty fines, legal liabilities, and damage to your business's reputation. One of the most significant benefits of HR compliance is that it helps to create a fair and ethical workplace for employees. By following HR laws and regulations, businesses can ensure that their employees are being treated fairly and equitably, which can lead to increased employee morale, productivity, and retention rates. To ensure your business is HR compliant, it's essential to stay up-to-date with the latest HR laws and regulations. This includes laws related to minimum wage, overtime, discrimination, harassment, and workplace safety, among others. You should also have ...