Over 70% of employers are not fully compliant with FLSA (ADP), let alone all of the other regulations related to HR compliance, and there’s a lot. In fact, over 44% of HR managers have trouble keeping up with employment laws (ADP). That means even if your small business is lucky enough to have someone fully dedicated to Human Resources, there’s still a good chance that you need outside HR compliance support.
HR Compliance issues can cost a company a lot of cash. Simply put, it’s relatively inexpensive to get your business into HR compliance, as opposed to the consequences of not addressing compliance issues. Not handling HR compliance issues before there is a compliant can turn out to be one of the most expensive mistakes a company can make, regardless of whether or not you know about them.