Australian Standard
It is generally the task of the employee to make sure that the rules and regulations are communicated in a better way and is encompassing in keeping policy adherence. The rules and regulations regarding the compliance of a company’s compliance responsibilities is part and parcel of the compliance program. The Australian Standard encompasses the compliance procedure, starting with the executive commitment and company operations, and extending to the noting of risks and communication and training for employees.
The Australian standard offers principles and guidance for creating, advancing, applying, upholding and improving a dynamic, receptive, operative and quantifiable compliance program in a company. The standard acquires principle’s approach and looks out to note the main principles upholding compliance programs (CCH, 2010, 47-50). The principles are grouped in relation to four main aspects of compliance value like commitment, implementation, monitoring and measure and continual improvement.
In commitment, there are principles that are connected to it; there is commitment by governing unit and top management to effective compliance which allows the whole company. The strategy and objective of the company is connected to the compliance policy and allowed by the governing frame. Resources are issued to improve, apply, sustain and advance the compliance program (Fishel, 2008, 231-232). The obligations are noted and evaluated.
In regard to implementation, there are principles that uphold compliance programs; responsibility for the results is vivid, the competence and coaching essentials are noted and looked into to make it possible for the staff to meet their duties, behaviors that bring about and uphold compliance are encouraged and tendencies that are against this are not accepted and lastly there are controls that meet compliance obligations an acquired the needed tendencies. In monitoring and measuring, the principles performance is monitored, estimated and reported. A company’s ability is shown through documentation and practice. Lastly there is compliance standard on continual improvement. This compliance program is constantly assessed and developed.
The term compliance is a form of confirmation that a person that does an act or the supplier or a product, acquires the needs of recognized practices, legislation, define policies and regulations, stated standards or the terms of contract.
To a business and company operation management, compliance is necessary in terms of the manner that they manage the business, employees and handling of consumers (Clayton UTZ, 2006, 1-2). Compliance is important in a number of ways. It helps to keep aware criminal charges. In human capital management and benefits administration there is management of employees, handling of goods, promotion and standards in terms of purchasing and selling among others. With a good compliance control organizations are able to stay abreast with the law. Another importance is creating positive reputation as the success of the company is based to its image, when faced with a number of cases in the court; its image starts to get spoiled. Hence with compliance, a company is able to meet a positive image and create trust. This brings about client loyalty as they are bound to come back for the service. In regards to sponsors and the government acquires regulatory compliance in the best way through better corporate compliance controls. There is additionally higher productivity in the business; compliance in the company to safety, salary, benefits and staff safeguarding will bring about positive setting in the work setting. The staff is keen to their determinations and is safe in the reach of the business. It is necessary that the internal compliance is met as it will make sure that the staff is contented and the cases are looked into and handled in the best way possible prior to them developing and impacting the population.
The compliance of policies and there importance is well applicable in the human capital management and benefits at Infinisource. Infinisource is a leader in human capital management and benefits administration operations for small to middle sized companies. The position held is a sales representative with the job description of offering direct support to sales managers in the advancement of present and prospective clients so as to make sure that the department has the ability to acquire its growth marks.
The principal function of the sales representative in regards to leadership and management is to represent Infinisource in better and professional manner, engage with staff and external parties so as to meet clients and acquire company objectives. It also is supposed to note regions of advancement in an organization and help with forming and applying solutions, the maintaining work region in a clean and organized way and undertake tasks that are allocated by the manager. In terms of sales, the representative is supposed to undertake contract administration requests like removal and alterations. There is also the completion and maintaining of accurate sales information for the managers. Post sale assessment with the help of service delivery engineer as needed. Sales representatives similarly engage in management in activities and being responsible for sales improvement efforts.
The position of a sales representative as some Occupational Health and Safety (OH&S) legislation and regulations that have to be followed; Infinisource is supposed to ensure health and safety by imposing a duty on anybody that contradicts the policies so as to eliminate risks to health. The employers to ensure safety is met and that the duty ensures the premises are managed where the staff work is safe, the facilities used are safe (New South Wales, 2011). The producers are supposed to ensure that the products being used are safe for application. Penalties are issued to anyone who contravenes this rules and regulations. Consultations are supposed to be made between the employer and staff regarding their safety. Additionally, the duties are not supposed to affect the health and safety of the staff and clients.
Reference
CCH, 2010, Australian Master Human Resources Guide 2010, Oldenburg: CCH Australia Limited, pp. 47-50.
Clayton UTZ, 2006, Briefing Paper on the new Australian Standard for Compliance Systems – AS3806-2006, pp. 1-2, acquired from <http://www.claytonutz.com/docs/Briefing_Paper_AS3806-2006.pdf>
Fishel, D, 2008, The Book of the Board: Effective Governance for Non-Profit Organizations, Annandale: Federation Press. pp. 231-232.
New South Wales, 2011, Occupational Health and Safety Act 2000 No 40, acquired from <http://www.legislation.nsw.gov.au/fullhtml/inforce/act+40+2000+FIRST+0+N#pt.2- div.1-sec.7a>