"A statutory compliance in HR refers to the legal framework within which an organization must operate."
It’s very much a well known fact that every country has its own set of laws, related to the labor, and the employees that a company has to align with. This list of laws may be open in nature, with its ever changing state they might often be a tedious job to handle. These days, a lot of time and effort goes into maintaining Compliance with these legal paraphernalia. But however, its obligatory to fall in place with these laws.
There are varied laws to deal with in any scenario for a business. Right from minimum wages, professional taxes, maternity benefits, employee insurance and many others. We comprehend that every employee needs to be fully accustomed with all the legal structures that one must fit in. Companies often spent too much of their valuable time dealing with the legal regulations. A payroll management and outsourcing HR service often seems the “go to” thing for companies these days to stay “legally fit”.
There are varied legal acts and laws.
- Professional Tax
- Minimum Wages Act
- Payment Of Gratuity Act
- Contract Labour Act
- Maternity Benefit Act
- Employee Insurance Act
- And Many Other Allied Acts And Laws
We here at Adler Talent Solutions have compliance specialist who are a good judge of the Statutory norms, besides we also have a dedicated team who formulate thoroughly tracking any particular legislative alteration our clients fall under.
For further assistance Contact Us.
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