HR leaders are responsible for a range of employee compliance issues, from training and development to retirement. There are numerous regulations and laws which govern the employment agreement which must be understood and navigated in helping the organization avoid absurdly high punishments, including potential harm to the organization ‘s goodwill. Legal compliance is necessary.
Aside from not being the right thing to do, failing to follow the letter of the law carries the risk of bringing burdens of costly litigations and the unwelcome potential of untold damage to your business and, more importantly, its reputation.
These risks are mitigated by effective compliance management. Compliance Management may appear to be a lot of extra work, but we (Valpact Consulting) are here to lend a hand. Our timely compliance with various statutes and labour laws enables you to manage and concentrate on the fundamental concepts that change your business environment on a regular basis.
Compliance has clear value, and outsourcing to the appropriate compliance partner will assure systematic compliance as well as provide you with compliance insights. Our methodology services ensure that our clients follow all the regulations regarding human resource employment and protect them from any legal liability.
We provide real-time compliance for your end-to-end payroll processing with us as part of our Compliance Management. We offer this solution to protect your attention on your key business drivers and prosperity. We allow you to perform your project goals while saving you time and money by taking care of all HR and compliance issues for your contractual and on-roll staff. We also assist you stay compliant with all statutory obligations throughout all moments.
In terms of compliance with regulatory and labour legislation, our Compliance Management Services meet your needs. We have established a perfect infrastructure and robust processes to meet the broad and diverse requirements of our customers at all locations in order to be prepared for your ever-growing business. In order to achieve our goal of complete conformity management for our clients, we have invested regularly in personnel, technology and processes with a focus on essential elements of accordance with laws, accuracy and stringent SLAs for completion of the workflow.
We keep in mind this same queuing, independent of which approaches and tools we choose:
- To be 100% compliant at all times is the only way to ensure smooth running of business and ensuring good name & fame of the company.
- We stay up to speed on all changes to the laws and regulations. We do share our information with all of our clients.
- Undertake regular compliance audits to verify that all compliance requirements are maintained.
- Not only report the non-compliance incidents, but also ensure the same are corrected and are not repeated in future.
More Services
Gratuity Act
Working out Gratuity of employee at the time of resignation/ retirement. Guidance for taking up Gratuity scheme as per the requirement of the Gratuity Act.
Contract Labour Act
Support and guide in preparation of replies required for correspondence with Labour Department regarding notices under this Act.
Factory Act 1948
Preparing Industrial Establishments National and Festivals Holidays and Casual and Sick Leave Rules, 1973 in Form A.