What is Compliance ? Explained in simple terms

  Simply put compliance means abiding by rules, set guidelines or norms. Though one can relate compliance to even individual citizens, who must act in accordance to set laws for the greater benefit of the society. The term Compliance mostly and more importantly pertains to business establishments, industries, business services or products.

The importance of HR Compliance

At the centre of any organisation is 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 the HR function, it is an important player in the organisation’s compliance structure. Organisations […]

Compliance Management – Leverage Benefits, Build Trust

Why Compliance? Businesses are facing extreme cost and operational pressures as regulatory bodies are continuously increasing mandatory compliance requirements. The financial crisis of 2008 and the rising number of financial frauds being reported of late, have pushed the case for further monitoring by regulatory bodies. For businesses though, finance is just one of the areas […]

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