Career as an HR Compliance Manager

HR compliance is the process of identifying policies and procedures to ensure that the jobs and work practises reflect a comprehensive understanding of relevant laws and regulations, as well as the company’s broader human capital resources goals.

Let us analyse Career as a HR Compliance Manager!

What is HR Compliance?

HR Compliance is the commitment of the business to follow the working standards set out by employment law. Further, this affects the systems, policies as well as documentation. Also, it implies that the employees must receive all entitlements in their employment contract.

Importance of Human Resources

There is a human mind, commitment and man hours behind the creation of every good or service (working hours). Without human assistance, no product or service can be manufactured. Man is a basic resource for creating or constructing something. Each organization wants capable and qualified staff to make its organization competitive and competent.

HRM deals with the first M, that is, humanity, money, machinery, materials and methods among the five M’s of management. “people” is believed not to be so easy to handle in the five Ms. “Each man is different” and totally distinct from other M’s, inasmuch as men have the power to control other Ms. Although the others are either dead or abstract, they don’t have the ability to think and decide for themselves.

Why to study HRM?

Some of the benefits to study human resource management are –

High employee turnover has a negative impact on a company’s bottom line. A prospective candidate’s recruitment and training costs twice as much as a current employee’s salary. You’ll be able to quickly find and hire the best applicants for the position as a human resources professional. Candidates should be extensively interviewed not only to ensure that they have the required credentials, but also to ensure that they are culturally compatible with the business.
Workplace conflict is inevitable because employees have different personalities, lifestyles, and work ethics. When you take a human resource management course, you’ll learn how to deal with conflict in the workplace and how to resolve it. You’ll also discover how to handle the situation in the most professional way possible.
Human resource experts are usually in charge of measuring employee satisfaction. As a human resource management student, you’ll learn how to conduct surveys, focus groups, and interviews to determine whether or not your employees are satisfied.
Human resources departments create performance improvement systems. If a company does not have a human resource expert on staff, candidates can easily get a job without the necessary skills and experience. As a result, human resources are needed in all workplaces.

Role of compliance in HR

Human resources (HR) enforcement is, without a doubt, critical for any company to succeed in today’s legal climate. However, for companies that do not understand the issues and formulate an appropriate plan to address them, achieving and sustaining enforcement can be difficult.

This is most likely to occur when HR enforcement has been incorporated into the organization’s overall business plan and the leadership has taken measures to ensure that all workers are aware of the value of HR compliance. Here are some guidelines that businesses should adopt in order to achieve its objectives or these are some of the roles that an HR Compliance manager is required to carry out:

Hiring the Right Talent – One of the most relevant challenges for companies today is finding the right talent within the HR function’s roles (compensation, employee benefits, legal requirements, and talent management). The HR feature must have or be able to obtain the necessary expertise, skills, and experience through third-party relationships.

Proper Education and Training – HR professionals must be well-versed in employment law as well as regulatory/legal provisions that can impact a company at any time. These laws and requirements are constantly evolving, so it’s important for HR to keep up to date with the most recent facts.

Create an Employee Handbook and Update it Regularly – The Employee Handbook is one of the most valuable documents in any company. The Employee Handbook is a communication tool that can explicitly state the company’s policies and practises, as well as how business should be conducted. Before distributing the handbook or other new policies and procedures, it is best to have legal counsel study them.

Conducting Scheduled HR Compliance Audits – Many HR departments are understaffed and overburdened. Noncompliance, as previously stated, will expose businesses to financial and reputational risks. To reduce legal liabilities, scheduled HR enforcement audits should be part of an organization’s overall plan.

Communicate, Communicate and Communicate – The HR department is an important part of any company. Whether or not there are compliance problems, HR role leaders (CHRO, VP of HR, etc.) must keep other executives informed about possible HR compliance risks and suggested remediation.

Issues every HR Compliance Officer must be familiar with

From recruiting to retirement, HR leaders manage a variety of compliance issues related to employees. So, it’s crucial to stay aware of action at the federal level. Therefore, make sure to keep the following in mind-

Anti-discrimination laws: Federal anti-discrimination laws forbids employment discrimination based on race, colour, sex, ethnic origin, disability or age. Also, these laws forbid employers from taking unfavourable employment actions based on the above factors.

Wage and hour laws: Wage and hour laws involve minimum wage, overtime, hours worked, child labour, and meal and break time.
Family and medical leave: The Family and Medical Leave Act (FMLA)is a federal law that let workers meet specific requirements such as 12 weeks of unpaid leave each year without losing their jobs. Further, these leaves are granted for the birth and care of an employee’s newborn, bonding time with an adoptive child or with a child from foster care, to provide care of an immediate family member or for the employee’s own serious health condition.
Child Labour Regulations (CLR): One of the most important rules, the government is more active than ever to ensure that child labour is completely banned.

Average Salary and Market Demand

As of April 27, 2021, the average Compliance Manager salary is $109,551, with a salary range of $93,255 to $130,463. Salary levels depend on a variety of factors, including qualifications, certifications, additional skills, and the number of years you’ve worked in your field.

The largest employers of human resources managers are as follows:

Professional, scientific, and technical services	14%
Management of companies and enterprises	14%
Manufacturing	11%
Government	9%
Healthcare and social assistance	8%

Human resources managers work in offices. Some managers, especially those working for organizations that have offices nationwide, must travel to visit other branches as well as to attend professional meetings or recruit employees.

Resources

You must first establish a stable foundation before you can become an expert in those fields. And you’ll need to have the right applied skills before you can move on to the practical teaching. You may use the following tools to get a complete understanding of the domain:

Firstly, Online Tutorials for HR Compliance
Also, Certification Courses from verified sources such as Vskills, Coursera, Udemy and so on.
In addition, Online communities
Moreover, Blogs and study material from experts in this field and many more.

Here are some examples of how you can improve your abilities:

Freelancing
Internships
Apprenticeship programs

The above steps will help you to get this domain started. It’s a long way to go, however. You can take an advanced course to reach a new level of skills.

Some resources offered by Vskills

Vskills offer HR Compliance Certification for all those interested in working in this field. This certification course covers the following topics –

Labour Law Compliance
Compensation Compliance
Sexual Harassment
Equality and Diversity
International HR Compliance

Vskills also offers free practice tests and online tutorials to supplement the learning process. You can check them by clicking on the following links –