Employment and Labor Law regulations are an ever changing landscape. Being compliant is a way of life for business owners. Compliance is especially important for small business owners. Did you know that the average cost of an employee lawsuit for a company skyrocketed by 60% in 2008. In 2009 the median employee payout due to litigation was $326,640 (HRMorning.com).
Moreover, the Department of Labor estimates that approximately 70% of employers are routinely violating wage and hour laws, and the Wage and Hour Division recovered back wages of $1.4 billion for Fiscal Years 2001 through 2008, with numbers continuing to grow in 2010 and beyond (TheProactiveEmployer.com). In 2010, Labor and Employment Law was the second highest pending litigation category in the United State. (Fulbright 7th Annual Litigation Trends Survey Report)
The exciting news!
There are preventative steps that can be taken to minimize your risk and it all starts with an HR Compliance Assessment. Protect your company, save money and increase productivity with a sound HR Compliance Plan.
Let the compliance experts at Complete Concepts Consulting walk you through a comprehensive compliance assessment at no cost or obligation.
Contact us today to learn more!
info@completeconceptsconsulting.com
(773) 527-1337
We are simplifying HR for Small Business!
About Us:
Complete Concepts Consulting (CCC) is a human resources consulting agency in Chicago, Illinois specializing in small business support for Employment and Labor Law Compliance; Policy and Procedures creation and enforcement; Team Leadership and Employee Training; Recruiting; Strategic Planning; Coaching and Mentoring; Employee Retention; Payroll and Benefits Administration; Performance Management; Compensation Planning; Employee Relations; Efficiency Optimization; Process and System Improvements; Succession Planning; Relationship Management.
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