Define compliances process and strps

Question

Accepted Answer

Compliance process involves adhering to rules and regulations to ensure legal and ethical practices.

Compliance process refers to the steps taken to ensure adherence to laws, regulations, and industry standards.
It involves identifying applicable laws and regulations that apply to the organization.
Creating policies and procedures to ensure compliance with these laws and regulations.
Training employees on compliance requirements and monitoring their adherence.
Conducting regular audits and assessments to identify any non-compliance issues.
Taking corrective actions to address non-compliance and prevent future violations.
Maintaining documentation and records to demonstrate compliance.
Examples of compliance processes include ensuring data privacy under GDPR, following financial regulations like Sarbanes-Oxley Act, and adhering to workplace safety standards.
Compliance processes vary across industries and organizations based on their specific regulatory requirements.

Accepted Answer

Whole HR processing and area of development

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