Introduction
As we approach the end of 2023, it’s important to start preparing for the upcoming year. For HR professionals, this means getting familiar with the SHRM HR compliance calendar for 2024. In this article, we’ll take an in-depth look at what the compliance calendar is, why it’s important, and how you can use it to stay on top of your HR compliance obligations.
What is the SHRM HR Compliance Calendar?
The SHRM HR compliance calendar is a tool that helps HR professionals stay on top of important compliance deadlines throughout the year. It’s designed to provide a comprehensive overview of the compliance obligations that HR departments face, including federal and state regulations, industry-specific requirements, and best practices.
Why is the Compliance Calendar Important?
Compliance is a critical aspect of HR management. Failure to comply with regulations can result in costly fines, legal action, and damage to your organization’s reputation. The compliance calendar helps ensure that you don’t miss important deadlines and that you stay on top of changing regulations.
Using the Compliance Calendar
The SHRM HR compliance calendar is divided into twelve months, with each month highlighting the key compliance obligations for that period. It’s important to review the compliance calendar regularly and to plan ahead for upcoming deadlines. Here are some tips for using the compliance calendar effectively:
- Start by reviewing the calendar in its entirety to get an overview of the compliance obligations for the year.
- Highlight key deadlines and obligations that are specific to your organization or industry.
- Set reminders for important deadlines in your calendar or HR management system.
- Assign responsibility for compliance tasks to specific team members to ensure accountability.
- Regularly review the compliance calendar to ensure that you’re staying on track.
Question and Answer
Q: What are some of the key compliance obligations highlighted in the SHRM HR compliance calendar for 2024?
A: The compliance calendar includes a range of federal and state regulations, as well as industry-specific requirements. Some of the key compliance obligations for 2024 include:
- Changes to the Fair Labor Standards Act (FLSA)
- New OSHA regulations related to workplace safety
- New requirements for sexual harassment training in some states
- Changes to the Affordable Care Act (ACA)
Q: How can I ensure that my organization is fully compliant with all of the regulations listed in the compliance calendar?
A: Compliance can be complex, and it’s important to stay up to date with changing regulations. In addition to using the compliance calendar, it’s a good idea to work with an HR consultant or compliance expert who can provide guidance and support. Regular training for your HR team and other relevant employees can also help ensure that everyone is aware of their compliance obligations.
Conclusion
The SHRM HR compliance calendar is a valuable tool for HR professionals who want to stay on top of their compliance obligations. By reviewing the calendar regularly and planning ahead, you can ensure that your organization meets all of its compliance obligations and avoids costly fines and legal action.