What is the role of labour law compliance audits, and how often should they be conducted?

Labour law compliance audits play a crucial role in ensuring that organizations adhere to statutory regulations under labour law compliance in India. These audits assess compliance with laws related to wages, working conditions, employee benefits, and social security. They help identify potential risks, avoid legal penalties, and maintain a positive work environment. Audits should ideally be conducted annually or semi-annually, depending on the organization's size and complexity. Regular audits demonstrate a commitment to legal and ethical standards, fostering trust among employees and stakeholders.