Why is compliance tracking essential in Infor Global HR?

Compliance tracking is crucial in Infor Global HR because it helps organizations ensure that they are adhering to labor laws, regulations, and internal policies. This function is vital for minimizing legal risks, protecting the organization from potential lawsuits, and maintaining a fair and equitable workplace. Compliance tracking allows HR professionals to monitor changes in legislation and regulations, ensuring that the organization remains aligned with current requirements. This proactive approach to compliance fosters a culture of accountability and ethics within the organization, which can enhance its reputation and employee trust.

While creating competitive job offers can be important for attracting talent, it does not directly relate to compliance with laws and regulations. Increasing employee turnover rates would be counterproductive to an organization's goals, and optimizing performance metrics, while beneficial for productivity, does not inherently address the critical need for compliance in HR practices.