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Coverage of Compliance Management System

The Compliance Management System ensures adherence to various legal and regulatory standards across multiple domains.

Labour Law Compliance
  • Factories Act & State Rules
  • The Shop & Commercial Establishment Act & State Rules
  • Building & Other Construction Workers Act
  • The Maternity Benefit Act
  • The Minimum Wages Act
  • The Payment Of Bonus Act
  • The Payment Of Wages Act
  • Payment Of Gratuity Act
  • The Employees Compensation Act
  • The Industrial Employment (Standing Orders) Act
Payroll Compliance
  • EPF Remittance
  • UAN Generation
  • ESI Remittance
  • ESI Employees Registration
  • Professional Tax Remittance
  • Labour Welfare Fund Remittance
POSH Compliance
  • The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013
Vendor Compliance
  • The Contract Labour (Regulation & Abolition) Act 1970 and Rules

WHY YOU NEED CMS?

A Compliance Management System (CMS) is a structured framework designed to ensure that an organization adheres to legal, regulatory, and ethical standards. It covers various aspects, including policies, procedures, monitoring, and reporting mechanisms to mitigate compliance risks and promote a culture of integrity. Here's a breakdown of its coverage:

1. Recruitment Services:

Offering end-to-end recruitment support, from sourcing candidates to conducting interviews and placing the right talent in appropriate roles.

2. Temporary and Permanent Staffing:

Providing flexible staffing options, including temporary, contract, and permanent placements, to meet varying business needs.

3. Workforce Management:

Handling administrative tasks related to employee management, such as payroll processing, attendance tracking, and compliance with labour laws.

4. Specialized Talent Acquisition:

Identifying and recruiting candidates with niche skills or expertise tailored to specific industry requirements.

5. Scalability and Flexibility:

Allowing businesses to quickly scale their workforce up or down based on project demands, seasonal needs, or market fluctuations.

6. Policy and Procedure Development:

Code of Conduct: Establishes the ethical guidelines for employees.
Compliance Policies: Specific policies addressing regulatory requirements (e.g., anti-corruption, data privacy).
Operational Procedures: Detailed procedures to ensure compliance in daily operations.

7. Risk Assessment:

Identification of Risks: Analyzing areas susceptible to regulatory violations.
Risk Evaluation: Assessing the likelihood and impact of compliance risks.
Mitigation Strategies: Implementing controls to reduce identified risks.

8. Training and Awareness:

Employee Training Programs: Regular training sessions to educate employees on compliance requirements.
Awareness Campaigns: Ongoing initiatives to keep compliance top of mind.

9. Monitoring and Auditing:

Internal Audits: Regular checks to ensure adherence to compliance policies.
External Audits: Independent assessments by third parties.
Continuous Monitoring: Real-time surveillance of processes and transactions.

10. Reporting and Documentation:

Incident Reporting Mechanisms: Systems for employees to report violations or concerns.
Documentation: Keeping detailed records of compliance efforts, audits, and training sessions.

11. Response and Remediation:

Incident Response Plans: Procedures for addressing compliance breaches.
Corrective Actions: Steps taken to rectify and prevent future violations.
Continuous Improvement: Updating policies and procedures based on lessons learned.

12. Governance and Oversight:

Compliance Committee: A dedicated team or board to oversee compliance efforts.
Executive Accountability: Ensuring top management is involved and accountable for compliance.

13. Third-Party Management:

Due Diligence: Evaluating the compliance posture of third parties (e.g., vendors, partners).
Contractual Obligations: Embedding compliance requirements into contracts.

14. Technology and Tools:

Compliance Software: Tools for managing policies, tracking training, and monitoring risks.
Data Analytics: Leveraging analytics to identify trends and potential issues.

15. Regulatory Liaison:

Engagement with Regulators: Maintaining open communication with regulatory bodies.
Staying Updated: Keeping abreast of changes in laws and regulations.

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