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Slide: 3 Introduction

An HR audit examines an organization's HR policies, practices, and procedures to identify areas for improvement. There are several approaches to conducting an HR audit, including comparing metrics like absenteeism and turnover to industry benchmarks or legal compliance standards. The scope of an HR audit for a bank would include auditing the HR function, managerial compliance with policies, and the HR climate through measures like employee turnover and attitude surveys. Understanding how well HR supports the corporate strategy is also within the scope of the audit.

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37 views2 pages

Slide: 3 Introduction

An HR audit examines an organization's HR policies, practices, and procedures to identify areas for improvement. There are several approaches to conducting an HR audit, including comparing metrics like absenteeism and turnover to industry benchmarks or legal compliance standards. The scope of an HR audit for a bank would include auditing the HR function, managerial compliance with policies, and the HR climate through measures like employee turnover and attitude surveys. Understanding how well HR supports the corporate strategy is also within the scope of the audit.

Uploaded by

bony
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We take content rights seriously. If you suspect this is your content, claim it here.
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Assalamualaikum & a very good after noon to everyone, this is Md. Khairul Bashar.

Today we will be presenting on our given topic HR Audit of Dutch Bangla Bank Limited.
Before the Jump, first we need to know what HR Audit Actually is!
Slide: 3 Introduction
An HR audit is an objective examination of your business's HR policies, practices, and procedures. The
goal is to look for trouble spots and the ways you can improve.
The Role of the Audit in Banking Can be expressed…
In banking sector not to pursuing the effective way of HR functions and audit is too high, Therefore
banks would need an appropriate HR organization structure, also they need to HR specialist to drive
the new HR agenda,
Slide: 4 Approaches
William Werther and Keith Davis, there are five approaches for the purpose of evaluation
1. First, Comparative Approach: ---- Under this approach auditors identify one model company and
compare the result with his own company.
2. In outside authority approach a benchmark is set to compare own results. A standard for audit set
by outside consultant is used as benchmark.
3. Under statistical approach the statistical information maintained by the company in respect of
absenteeism,
4. Employee turnover etc. is used as the measures for evaluating performance.

5. In compliance approach the auditors make a review of past actions to determine to see whether
those activities are in compliance with the legal provisions.
6. MBO approach specific targets are fixed. The performance is measured against these targets.

Slide: 4 Scope of HR Audit

1) Audit of HR function involves audit of all HR activities. For each activity like

1) Human resources organization/administration: Organization of HR office, including


appropriate class of professional positions; delegation of authority to and within the
department.

2) Selection: Recruitment methods, methods used in workforce and succession planning,


and use of turnover data quality of job analyses.

3) Total compensation: Standards, and processes used to develop and communicate


internal compensation policy and plans; internal controls to ensure accuracy and 9
consistency of pay and leave; policies on pay adjustments;
2. The scope also involves audit of managerial compliance of personnel policies, procedures and
legal provisions.

3. 2.6.3. Audit of HR climate: The HR climate has an impact on employee motivation, morale
and job satisfaction. The quality can be measured by

1) Employee turnover: It refers to the process of employees leaving an organization.


Higher turnover involves high cost of recruitment, selection, training, etc.

2) Attitude surveys: Attitude surveys are the most powerful indicators of the organizational
climate. It determines an employee’s feelings towards the organization, peer group,
colleagues, supervisors, etc.

Lastly Audit of corporate strategy: Corporate strategy helps the organization gain competitive
advantage. By SWOT analysis, top management devises the ways of gaining and advantage.

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