Slide 12 Flashcards
What is workforce audit?
Workforce audit is a process of examining human resource practices to reveal the strengths and weaknesses in the workforce implementation
process.
What is the purpose for workforce audit?
- To spot potentially serious problems in the implementation
- To find areas needing improvement in the implementation
- To address compliance issues during implementation
What are the benefits of workforce audit?
- Monitors compliance with established regulations and procedures in
the implementation process - Helps to identify gaps in the design and the implementation
- Clarifies HR duties and responsibilities in the implementation
- Develop user-friendly HR systems
- Checks HR costs through the implementation
- Encouragement of greater responsibility and professionalism among
HR members
What is the first phase of the audit framework and what does it entail?
Phase 1: Foundation
- Audit planning actions
- Determine the purpose and objectives of the audit
- Determine the scope of the audit
- Determine the organizational components to be audited
- Determine the auditing tool to be used
- Determine costs and resources needed to perform audit
- Determine audit team governance
What is the second phase of the audit framework?
Phase 2: Assessment
- General comments
- Identify key organizational metrics
- Developing a checklist
- Formulating auditing methodology and tools
What does the third Phase of the audit framework entail?
Phase 3: Concluding and Reporting
1.Report preparation
2.Quantify your results – start with outcomes
3.Include an executive summary
4.Identify risks
5.Identify and prioritize solutions to problems identified.
6.Evaluate and discuss the organizational, finance and employee
relations impact of action or inaction.
7.Develop an HR improvement plan
What are the types of workforce audit?
- compliance
- Best practices
- Strategic
- Function-Specific
What does compliance entail?
It focuses on how well the company is complying with current federal, state and local laws and regulations
What does best practices entail?
This helps the organization maintain or improve a competitive advantage by comparing its practices with those of companies identified as having exceptional HR practices.
What is strategic workforce audit?
It focuses on strengths and weaknesses of systems and processes to determine whether they align with the HR department and /or the company’s strategic plan
What is is Function-specific workforce audit?
This focuses on a specific area in the HR function (e.g. payroll, performance management, records retention, etc.)
