Labour Law & Statutory Compliance
What HRXP do Under Compliance Services?
HRXP Provides Compliance Services under below Act (As per Applicability) – The Act’s listed below are illustrative and we are committed to cover all such existing Labour Laws, which are currently applicable and also such new Labour Laws, which may become applicable on you during the term of Service Agreement and that too without escalating the commercials.
- Employees’ Provident Fund (EPF)
- Employees’ State Insurance (ESI)
- Contract Labour Regulation (CLRA)
- Payment of Bonus
- Payment of Gratuity
- Minimum Wages
- Payment of Wages
- Equal Remuneration
- Maternity Benefit
- Employees’ Compensation Act
- Industrial Disputes Act
12. Employment Exchange Compulsory Notification of Vacancies
13. Industrial Employment Standing Orders
14. State legislation on Shops & Establishments
15. State legislation on Labour Welfare Fund
16. State legislation on Professional Tax
17. State legislation on Workmen Minimum House Rent Allowance
18. State legislation on Workmen Minimum House Rent Allowance
19. Supreme Court Guidelines on Protection of Women against Sexual Harassment at Workplace
Why Do You Need Compliance Risk Audit Services?
Identify and Mitigate Risks:
By leveraging Compliance Risk Audit Services as part of their GRC(Governance, Risk Management, and Compliance) framework, organizations can better understand their compliance posture and reduce the risk of regulatory fines, legal actions, and reputational damage.
Avoid Penalties and Fines:
Compliance Risk Audit Services can help organizations demonstrate their commitment to compliance and build trust with customers, stakeholders, and investors.
Ensure Compliance:
By conducting regular compliance risk audits, organizations can ensure that they are meeting all regulatory requirements and staying up to date with any changes in regulations.
Improve Operations:
Compliance risk audits can also help organisations identify inefficiencies and areas for improvement in their operations, leading to increased efficiency, productivity, and profitability.