Solution
We have suggested a few ways to optimize HR costs and improve compliance.
Conducting a comprehensive HR audit
Process optimization: Identified gaps in HR processes and workflows through HR audit
Identified areas of cost reduction
This was executed through focusing on three main areas i.e HR Service Delivery HR Spend and workforce Cost
Implemented compliance trainings
Basis the results from the audit , compliance training modules were designed and implemented
Outcomes : Reduced HR costs by 10%, achieved 100% compliance with relevant regulations, and avoided potential fines and penalties.