I do not have any idea about HR compliance and type of compliance.Kindly provide deep discussion about compliance and types of compliance.
From India, New Delhi
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1From India, New Delhi
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Understanding Compliance in HR
Please note that compliance is essentially about adhering to the existing rules and regulations formulated by various authorities, whether State or Central. For this, there are various dates and fees to be followed, along with standard procedures.
In HR, you will find that you have to follow either the Shops & Establishment rules or, if it is a Factory, the rules under the said Act. This includes leaves under various categories, bonuses (if applicable), payment of gratuity, ESI, and EPF (the last three wherever applicable). Broadly speaking, compliance has been segregated from HR, and in some companies, there is a dedicated department for it. Otherwise, it is the responsibility of the Admin to ensure that all the rules and regulations are followed, and returns are filed as per the law.
You may have to register and file under GST, and returns are to be submitted by the due date, which again involves compliance as well as the accounts department. The compliance department has to ensure that the registration of the company or Factory aligns with the rules and also complies with the local authorities' Act.
So, the exact compliance required depends on the kind of business you are involved in, the size of the business establishment, and other areas. If the question is a bit more specific, perhaps it would be much easier to contribute. Thank you and have a compliant 2018.
From India, Hyderabad
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Please note that compliance is essentially about adhering to the existing rules and regulations formulated by various authorities, whether State or Central. For this, there are various dates and fees to be followed, along with standard procedures.
In HR, you will find that you have to follow either the Shops & Establishment rules or, if it is a Factory, the rules under the said Act. This includes leaves under various categories, bonuses (if applicable), payment of gratuity, ESI, and EPF (the last three wherever applicable). Broadly speaking, compliance has been segregated from HR, and in some companies, there is a dedicated department for it. Otherwise, it is the responsibility of the Admin to ensure that all the rules and regulations are followed, and returns are filed as per the law.
You may have to register and file under GST, and returns are to be submitted by the due date, which again involves compliance as well as the accounts department. The compliance department has to ensure that the registration of the company or Factory aligns with the rules and also complies with the local authorities' Act.
So, the exact compliance required depends on the kind of business you are involved in, the size of the business establishment, and other areas. If the question is a bit more specific, perhaps it would be much easier to contribute. Thank you and have a compliant 2018.
From India, Hyderabad
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HR COMPLIANCE CHKLIST1.xls
E compliance.pdf