Back to due diligence basics.
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01
Legal Compliance: Audits help ensure that employers are adhering to all relevant laws and regulations of the employment of foreign nationals. This includes verifying that proper work permits or visas are obtained, that the terms of employment are in accordance with the IRPA and relevant regulations, including health and safety legislation, and that any required documentation is accurate and up to date.
Continuous improvement: Regular audits provide opportunities for employers to review and improve their processes and procedures related to the employment of foreign nationals, ensuring that foreign workers are being paid at or above the prevailing wage for their occupation and location, which are updated regularly. By identifying areas for enhancement, employers can strengthen their compliance efforts and better support the needs of their workforce.
A shift from growth to cash flow.
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Risk mitigation: By proactively identifying and addressing compliance issues, audits help mitigate the risk of penalties, fines, or legal action resulting from non-compliance. They also help protect the employer's reputation and credibility, both with regulatory authorities and the broader community.
A time for newer technologies to shine?
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Ensuring workplace equity: Audits can help ensure that foreign workers are treated fairly and equally in the workplace. Employers should make sure that all workers, regardless of their nationality or immigration status, are paid fairly, provided with proper benefits, and given equal opportunities for career advancement. They can also help detect any instances of exploitation or abuse of foreign workers, such as underpayment of wages, excessive working hours, or unsafe working conditions.
Lower and slower.
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Talent retention and attraction: Showing a commitment to compliance and ethical employment practices can make a company more attractive to both Canadian and foreign talent. This can help in keeping skilled foreign workers and attracting new talent to your organization.
New stars will emerge.
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