Internal controls are embedded in erNavigator best practice processes to minimise key labour and employee relations risks and their resultant cost impacts.
Take our free internal control assessment to quickly gain an overall understanding of your organisation’s labour and employee relations current risk profile and internal controls.
Risks can result in a direct financial loss to the organisation levied by legislative and regulatory bodies. In addition, the company will have to bear the direct costs of case preparation and ongoing case management.
Non-compliance is caused by the lack of knowledge, lack of supervision and control, and the lack of an early warning risk monitoring system.
Often high-profile or sensitive cases can cause severe damage to an organisation, if not identified quickly and managed correctly and ethically.
In addition, a harmonious working environment resulting from fair and equitable labour and employee relations is a real competitive advantage. Being perceived as an unfair employer has many negative repercussions on employee performance and motivation.
The risk that can have the largest financial impact on the organisation is the cost of inefficient processes. These wasted costs can be significant.
Inefficient processes almost always negatively impact all the other risks, inefficient processes are normally the cause of non-compliance, inconsistent and unfair actions, and the inability to quickly identify high profile and sensitive cases.
Peace of mind security embedded into erNavigator. Hosted on the Microsoft Azure cloud platform, which has the most advanced security and privacy features and conforms to all global security standards.
Our free online assessment tool will help you quickly gain an overall understanding of your organisation’s labour and employee relations current risk profile and will identify the key control recommendations in each of our 8 internal control categories.
By addressing the findings from this assessment, your organisation will be better able to identify strategies to strengthen its commitment to upholding the integrity of its labour and employee relations processes.
Internal controls are mechanisms designed to provide an organisation with reasonable assurance that their key standards are being maintained as intended.
Internal controls are used to support the consistent and timely administration of discipline, as well as to ensure ongoing compliance with company policies and the law. These are critical factors that must be constantly maintained in the practice of labour and employee relations.
The organisation is exposed to risks that will result in additional costs and damages. These risks include non-compliance risks, reputational risks, the risk of inefficient processes and data access, privacy, and security risks.
– The ongoing communication of policies, procedures, and requirements.
– Management’s awareness of all processes.
– The completeness of files and accessibility of evidence.
– The consistent application of measures and compliance with policies, rules and regulations.
– A real time monitoring framework.
– A real time reporting framework.
– An audit trail framework.
– and the security of data
It is not possible to eliminate all risks however implementing and correctly using erNavigator will significantly reduce the chances of a material labour and employee relations breach from occurring.
No extra costs, access to these internal controls are covered by the annual erNavigator software license fee