Glossary
GDPR
Meaning & Definition
GDPR (General Data Protection Regulation) is a law introduced by the European Union aimed at improving the privacy of people’s personal information. In HR, GDPR regulates the collection, storage, processing, and sharing of employee data and candidate information by organizations located within the EU. GDPR laws also apply to any organization processing data of EU residents, regardless of their location outside the EU.
Importance of GDPR
- Employee and candidate personal information should be protected.
- A transparent approach to handling employee and candidate personal information boosts trust.
- There is reduced risk of compromise and penalties for compromising personal information.
- Establishes compliance with the General Data Protection Regulation (GDPR) for companies with EU operations.
- Strengthens HR data security and privacy standards.
Applicable Regulations & Policies
- The Data Protection Regulation (GDPR) has strict rules regarding collecting, using, and processing data.
- Personal data can only be collected and used if the user gives explicit consent.
- Also requires measures to be taken to secure data, report breaches, access to data, correct data, and delete data.