Description:
Ensure compensation practices align with labor laws and company policies.
Duration: 6-8 weeks
Major Activities:
- Review current compensation policies and legal compliance
- Identify gaps in pay equity, tax regulations, and labor law adherence
- Develop action plans to address compliance risks
- Train HR teams and managers on compensation policies
- Implement standardized payroll and tax compliance procedures
- Conduct periodic audits to ensure continuous compliance
Deliverables:
- Compensation policy compliance audit report
- Pay equity and legal risk assessment
- Compliance correction and improvement plan
- HR and payroll team training materials
- Ongoing monitoring and audit framework
Project Tips:
✅ DO:
- Regularly review policies to stay updated with labor laws.
- Ensure payroll processes are standardized and compliant.
- Train HR and finance teams on compliance best practices.
❌ DON’T:
- Ignore regulatory changes—non-compliance can be costly.
- Assume internal pay structures are always fair—audits are necessary.
- Delay addressing identified risks—proactive action is key.