Hr Connects Why Outsource Hr

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    Hr Connects Why Outsource Hr - Presentation Transcript

    1. ? HRConnects, LLC 812-491-6171 Outsource Your Human Resources ?
    2. ? Why Outsource HR
    3. $276,711
    4. The median jury award for employment cases In 2005.
    5. $95,000
    6. The average attorneys’ fees for cases that settle before trial.
    7. $250,000+
    8. The tab for cases that do make it to trial.
    9. 8,650
    10. The number of harassment and intimidation cases against small companies filed with the EEOC in 2006
    11. Salaried employees don’t get overtime pay…Right ?
    12. 246,000
    13. employees were paid back wages in 2006…
    14. $172,000,000
    15. The amount the Labor Department collected in back wages in that same year.
    16. $7,900,000
    17. in penalties, were levied on employers.
    18. Case study: Software Company: 120 employees
    19. 18
    20. employees were classified incorrectly
    21. $24,000
    22. in back pay, was shelled out
    23. $7,000
    24. was paid to a consultant to provide data to the Labor Department
    25. $25,000
    26. in attorneys’ fees.
    27. 2 years later…
    28. it happened again…
    29. $6,000
    30. in overtime was paid
    31. $1,100
    32. The fine the company received for not paying overtime fast enough.
    33. ? Need more reasons
    34. 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
    35. Think about it…
    36. For more information contact us. HRConnects, LLC 812-491-6171 Sources: BusinessWeek, SmallBiz April/May 2007 Small Business Administration - www.sba.gov
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