What is NOT a purpose of conducting a compliance risk assessment?

Conducting a compliance risk assessment serves several key purposes aimed at enhancing an organization's ability to mitigate risks associated with compliance. Among these, allocating resources efficiently, identifying high-priority risks, and reducing compliance violations are all fundamental objectives.

When a compliance risk assessment is performed, it allows organizations to pinpoint areas where the risks are most considerable, thus enabling them to allocate resources where they will have the most impact. It identifies the high-priority risks that need immediate attention, helping to inform strategy and decision-making. Furthermore, by addressing these risks effectively, organizations not only comply with legal requirements but also reduce the likelihood of compliance violations.

The purpose of increasing employee salary, while potentially beneficial for employee morale and retention, does not align with the objectives of a compliance risk assessment. This is because a compliance risk assessment focuses on identifying and mitigating risks rather than addressing compensation strategies. Therefore, increasing employee salary stands out as not being related to the fundamental purposes of conducting a compliance risk assessment.