Core HR Services
HR Compliance Services
Regardless of a business’s size or scale companies face rising HR complexities in terms of employment laws and regulations, and the risk of penalties for non-compliant has risen time to time. So compliance with laws and rules is mandatory for business. When developing HR policies and procedures, organization should consider the below:
• Follow several labour & employment laws, including applicable Central, state, and local regulations.
• Company may be subject to an audit from an enforcing agency that may levy fines and penalties for non-compliance.
• Understanding of compliance obligations is like legal defense for smooth-running business.
• A non-compliance practice can hamper and destroy the business.
With the frequency and scope of audits by government agencies increasing, organizations must comply with ever-changing regulatory mandates. Timely and proactive compliance with federal, state, and local employment regulations is critical. It is necessary for the business to follow the working standards set out by several labour & employment laws.
Why Compliance
Human resource statutory compliance refers to the lawful framework of legislation that organizations must follow. If the organization completely follows compliances, it definitely brings transparency and good governance in the organization
which helps to create a brand image in the industry and ensures business development as well.
Benefits of Compliance
For Occupier
Protects from unfair demand of wages by trade unions
Prevents from legal hurdles for smooth running of business
Avoids penalties & fine imposed by legal authorities
For Employee
Prevents from long overtime workings
Ensure Fair treatment
Fair pay for work done
For Organization
Create brand value & Image
Accelerate Business Development
Establishing standard for industry
Statutory Compliance Service
The word statutory means “of or related to statutes”- rules and regulations. Compliance means adherence. Thus, Statutory Compliance means adhering to rules and regulations.
We provide following services:
The Provident Fund Act, 1952 – Statutory Deduction and submission of monthly challans. Administrations of registers and records.
The Employee State Insurance Corporation Act, 1948 – Statutory Deduction & submission of monthly challans. Administrations of registers and records.
The Payment of Bonus Act 1965 – Computation of Bonus, Maintenance of registers and return submission.
The Payment of Gratuity Act, 1972 – Computation of Bonus, Maintenance registers and return submission.
The Labour Welfare Fund – Statutory Deduction and submission of timely challans. Administrations of registers and records.
The Professional Tax Act – Statutory Deduction and submission of timely challans. Administrations of registers and records
Labour Laws Compliance
In order to run any business successfully, it is absolutely necessary to follow all the legal and statutory norms and comply with them. CareerCreed offers complete labour laws compliance services that perfectly meet organization’s requirements. We take care of the entire administration of Labour Law compliances under the following acts: