The goal of our assignment was to ensure HR regulatory compliance from a legal, social security and tax point of view, through
assessment and potentially correction of HR processes, programs, schemes and contractual agreements.
OBSTACLES AVOIDED - Hazards
Risks related to HR regulatory compliance aspects
Risks and inequities linked to historical situations
OPPORTUNITIES TAKEN - Freebies
Inform management & employees on (new developments in ) HR regulatory matters
Solve historical inadequacies
Drive strategic changes (e.g. position the company as a sustainable market player by moving towards a green car policy... )
MILESTONES - Waypoints
Auditing of existing HR programs & schemes in place in terms of legal, social security & tax point of view (salary splits, net allowances, bonus, stock incentives, transportation incentives, company car... )
Reflect regulatory changes in internal documentation and contractual agreements
Regulatory recovery initiatives (negotiation with regulatory authorities, tax ruling, adaptation of existing plans to new compliance rules, e.g. stock/pension plans... )
Internal communication & change (at company level, with individuals impacted... )
In the process, we have seized the opportunity of the project to bring added-value on some side business aspects.
