Human Capital Management (HCM) Audits

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A HCM audit is a systematic review of Human Resources' (HR) functions, processes and data. They help organisations evaluate internal policies, procedures and capability and identify areas that require attention or improvement. HCM audits also check compliance with legislation, competitiveness, best practice and ethical adherence and performance. They look at both quantitative and qualitative data to assess the organisational effectiveness and people practices in an organisation. 

We use some of the most experienced HR professionals in the industry to help deliver our audits. Using a mixture of interviews, survey and data gathering techniques, our consultants follow a standardised audit process. This gives clients feedback at multiple levels and in scorecard and full report format. The audits are benchmarked against similar companies, so you get comparison data. These audits cover the following areas as standard, but can be added to if desired: 

• Employment Metrics (Quantitative)
• Succession Planning Data (Qualitative), 
• Leadership and Talent Development Processes and Data (Qualitative) 
• Compensation and Benefits Information (Quantitative) 
• Diversity, Equality and Inclusion Initiatives (Qualitative) 
• Employee Wellbeing Programs (Qualitative) 
• Health and Safety (Qualitative) 
• Employee Engagement Results (Qualitative) 
• Learning and Development Initiatives and ROI (Qualitative) 
• Recruitment, Assessment and Retention Metrics and Processes (Qualitative)
• Culture and Psychological Safety Assessments (Qualitative)
• Performance Management (Qualitative)
• People Analytics

In addition to our benchmarked feedback, we also provide recommendations on best practice and organisations and technology that is particularly cutting edge that you may wish to research further. 

Whether you are an investment company looking to encourage better HCM disclosure in your engagements, or a progressive CEO or HRD looking to ensure you 'People' department is driving the best business outcomes, our audits will suit your needs. We are all certified professionals with 20+ years of experience and have worked with listed, private and PE backed businesses across the globe. Our audits can be bespoke to whatever your needs, although the core measurements must stay the same to enable meaningful benchmarking.