Laurdan Associates, Inc. recently announced the release of the ninth edition of the Employment-Labor Law Audit™ (ELLA®), the nation’s leading HR auditing and employment practices risk assessment tool.
POTOMAC, MD, AUGUST, 2009: Laurdan Associates, Inc. recently announced the release of the ninth edition of the Employment-Labor Law Audit™ (ELLA®), the nation’s leading HR auditing and employment practices risk assessment tool.
Available in hard copy and web-based versions, ELLA® responds to heightened governmental and third party scrutiny of organizations’ employment practices by providing users with a systematic and comprehensive method of:
1) diagnosing and assessing the strengths and weaknesses of their organizations’ HR management and employment practices risk management activities,
2) identifying hidden problem areas,
3) measuring outcomes and benchmarking best practices,
4) assessing human capital-related risks,
5) evaluating internal controls, and
6) prescribing and prioritizing corrective measures.
The ninth edition of ELLA®, which now covers 27 employment practices areas, adds new audit questions on Wage and Hour issues (including the Lilly Ledbetter Act), the ADA (including the ADA Amendments Act), Immigration (including E-Verify), Leaves of Absence (including the new FMLA regulations), COBRA and HIPAA, and human capital management. This new edition also adds a new Profile on Diversity and updates and expands the assessment of strategic and organizational alignment, risk management, internal controls, and HR metrics.
Additionally, the ninth edition includes new audit tools: 1) The ELLA Pre-HR Audit Worksheet™, 2) the Employment Retaliation Vulnerability Assessment Tool™, 3) ELLA HR Audit Worksheets™, and 4) ELLA HR Audit Maps™.
“With governmental agencies increasing their inspection and oversight of employment practices, there is an increasing interest and sense of urgency in HR audits as organizations seek to enhance the value of their human capital while reducing their exposure to employment-related liabilities,” according to Mr. Ronald Adler, president–CEO, of Laurdan Associates, Inc. “Like financial audits, HR audits can help organizations assess asset integrity and organizational well-being, monitor and assess internal controls, conduct due diligence, and demonstrate a commitment to compliance.”
“Further, in the ‘war for talent’ and with the growing recognition of the relationship between HR management and the bottom line, CEOs, CFOs, boards of directors, and internal and external auditors are increasingly finding HR audits a valuable tool to help their organizations align employment practices with business objectives.”
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