In an increasingly global and interconnected economy, many companies are moving to cloud-based, global HR solutions. But for multinational and other large organizations, this means meeting stringent region-specific rules and regulations governing data privacy. It’s important to understand not only the applicable policies for the region in which your company is headquartered, but also for each jurisdiction where your company has employees.
Each employer has the responsibility to learn and follow the relevant international regulations regarding data privacy. Learn which of these provisions applies to your organization and what you can do to ensure compliance in this white paper.
Privacy is likely to be a critical topic for multinational organizations for years to come. Therefore each multinational organization must seriously consider these data handling rules and regulations. Laws and regulations such as the EU Data Protection Directive, Safe Harbor, and PIPEDA, to name just a few, have hefty fines and potentially even criminal penalties for organizations that fail to follow these guidelines.
This white paper looks at data privacy in the European Union and elsewhere around the world, and provides a list of questions to ask about a potential solution when choosing a human capital management (HCM) solution provider, information that can help you avoid the risks surrounding data handling and ensure all of your employee and customer data remains safe, secure, and compliant into the future.
global construction industry outlook 2010