Audit
Audit in general means inspection or an organization in terms of accounts and finances. An audit is conducted by an auditor to make sure that the organization is following the documented systems to record transactions. It is an unbiased examination of a company. In HR (Human Resource), Audit is the process of evaluating the HR department’s performance. It can be associated with HR policies, procedures, documents, processes, etc. Some of the common sections of an HR audit are as follows;
- Hiring and onboarding Procedure
- Employee Onboarding
- Compensation Plan
- Employee Benefits Package
- Performance Review Process
- Termination and exit interview process
- Job descriptions