? HRConnects, LLC 812-491-6171 Outsource Your Human Resources ?
? Why Outsource HR
$276,711
The median jury award for employment cases In 2005.
$95,000
The average attorneys’ fees for cases that settle before trial.
$250,000+
The tab for cases that do make it to trial.
8,650
The number of harassment and intimidation cases against small companies filed with the EEOC in 2006
Salaried employees don’t get overtime pay…Right ?
246,000
employees were paid back wages in 2006…
$172,000,000
The amount the Labor Department collected in back wages in that same year.
$7,900,000
in penalties, were levied on employers.
Case study: Software Company: 120 employees
18
employees were classified incorrectly
$24,000
in back pay, was shelled out
$7,000
was paid to a consultant to provide data to the Labor Department
$25,000
in attorneys’ fees.
2 years later…
it happened again…
$6,000
in overtime was paid
$1,100
The fine the company received for not paying overtime fast enough.
? Need more reasons
TEFRA COBRA ADA DDA FLSA 125 OSHA HIPAA DEFCOMP FTE HRIS HRIS EAP EFT EIC 457 403(b) ESOP SEP FIT SIT FICA SUI FUTA DOL EPLI HCM SIC EEOC FMLA LTD QDRO NQDC NQPS SDI OT OASI HRO PEO POP PTO QJSA SUTA TPA TSA UCM UL WT
Think about it…
For more information contact us. HRConnects, LLC 812-491-6171 Sources: BusinessWeek, SmallBiz April/May 2007 Small Business Administration - www.sba.gov
0 comments
Post a comment