Social Compliance Audit
A compliance audit is performed to ensure a company adheres to certain rules and regulations of local laws or of a specific agreement. They would usually be conducted by governments and authorities. A compliance audit can relate to employment law, conditions of a workplace, taxes, or various other factors depending on what industry the enterprise operates in. A compliance audit can be performed by a range of different parties, again, depending on the conditions of the situation and arrangement while the sector again will determine who carries out the process.One thing that’s guaranteed is it will be carried out by a third party to ensure fair and honest results. There are many different reasons a compliance audit could be carried out or ordered. A company could have broken certain rules in the past, for instance, and will need to be checked to make sure they have straightened out their issues to stay in line with their current operations.
Why is social compliance important?
In 2020, it’s important for companies and organizations to be ethical, fair to their employees and clients, as well as aware of the world around them. Sustainability is important for any business and demonstrating good practices when it comes to waste, pollution and the environment should be par for the course.
What does a social compliance audit monitor?
Some of the issues an audit could uncover include unfair pay, harassment, bad health and safety, underage labor, excessive working hours, and many other factors that would be considered unacceptable.
When a social compliance audit is finished by an ethical auditor, a report will be issued which documents the findings and includes pictures. At HQTS, some of the things our social compliance audit monitors include the following:
- Child labor laws
- Forced labor laws
- Discrimination laws
- Minimum wage laws
- Worker living standards
- Working hours
- Overtime wages
- Social benefits
- Safety and health
- Protection of the environment
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