PeopleDoc introduces the first online service to help global HR leaders manage compliance and data privacy risks
Summary
PeopleDoc HR Compliance Assist features a portal of information created and curated by a network of lawyers on subjects such as HR document retention guidelines, electronic document validity and employee data privacy requirements. HR leaders and compliance officers face the daunting challenge of staying current on a variety of relevant laws which often differ by country and region. They need to know which laws are important and decide how to apply them to digital HR practices such e-signature contracts, electronic records, and employee data privacy. The financial risks alone of non-compliance are significant; for example, non-compliance with the new European General Data Protection Regulation will carry fines up to 20,000,000 EUR or 4% of total worldwide annual turnover the preceding year (whichever is higher). "As we help customers shift from paper to digital employee files, they gain instant visibility into all their documents and can more easily manage updates, expirations and audits," said Arnaud Gouachon.