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If you’re recruiting candidates in Europe, you have until May 25, 2018, to familiarize yourself with and prepare a strategy for tackling coming changes to GDPR — planning and implementing solutions for complying with the requirements of the regulation. Otherwise, you could face potential non-compliance issues that could come as a result of not following the requirements.
Here’s a look at GDPR, the implications of non-compliance, and how organizations can prepare to meet the requirements of the updated regulation.
Adopted by the European Parliament in April of 2016, the General Data Protection Regulation requires businesses to protect the personal data and privacy of European citizens for transactions that occur within European states. Personal data includes names, photos, email addresses, bank details, posts on social networking websites, medical information, or even a computer IP address.
In addition, the GDPR regulates the exportation of personal data outside of the European Union, so understand how this impacts your global business. Essentially, whether or not you are physically located within the European Union, GDPR impacts your organization as long as you are processing and storing personal data of individuals who live there.
Key Changes to GDPR
The key changes of the GDPR include the following:
According to a global research report from Ovum, two-thirds of businesses expect to have to change their global business strategies to accommodate new data privacy regulations, and over half of businesses think they will be fined due to the pending GDPR in Europe.
Whether or not you prepare for the GDPR changes, know what can happen if you are inadvertently or purposefully non-compliant. Here’s a look at the implications:
Aside from the financial repercussions, organizations can face a blow to their employer brand and reputation, hurting their ability to be successful in the European states.
Even though the updates to the GDPR won’t impact your organization until May of 2018, you should take proactive steps to prepare now so you greatly reduce or eliminate your risks of non-compliance.
Here are some areas you should take a look at first:
Put Together your GDPR Plan — Take the time to read through the GDPR and its updates, and prepare a plan that addresses how your organization will ensure each GDPR requirement is met.
Determine Appropriate Solutions — If your organization is recruiting candidates and accepting resumes and other personal data from European citizens, figure out how to comply with the GDPR requirement of collecting personal data and properly protecting it.
The original article (and image) was originally posted here: https://www.ere.net/recruiting-candidates-in-europe-familiarize-yourself-with-the-updated-gdpr-requirements/