Why Outsource HR?

Slide 1: ? By Dave Lewan President/CEO Centric Consulting Group www.centricconsultinggroup.com www.thinkinghr.blogspot.com www.azsmallbiz.blogspot.com

Slide 2: Why Outsource HR ?

Slide 3: $276,711

Slide 4: The median jury award for employment cases In 2005.

Slide 5: $95,000

Slide 6: The average attorneys’ fees for cases that settle before trial.

Slide 7: $250,000+

Slide 8: The tab for cases that do make it to trial.

Slide 9: 8,650

Slide 10: The number of harassment and intimidation cases against small companies filed with the EEOC in 2006

Slide 11: Salaried employees don’t get overtime pay…Right ?

Slide 12: 246,000

Slide 13: employees were paid back wages in 2006…

Slide 14: $172,000,000

Slide 15: The amount the Labor Department collected in back wages in that same year.

Slide 16: $7,900,000

Slide 17: in penalties, were levied on employers.

Slide 18: Case study: Software Company: 120 employees

Slide 19: 18

Slide 20: employees were classified incorrectly

Slide 21: $24,000

Slide 22: in back pay, was shelled out

Slide 23: $7,000

Slide 24: was paid to a consultant to provide data to the Labor Department

Slide 25: $25,000

Slide 26: in attorneys’ fees.

Slide 27: 2 years later…

Slide 28: it happened again…

Slide 29: $6,000

Slide 30: in overtime was paid

Slide 31: $1,100

Slide 32: The fine the company received for not paying overtime fast enough.

Slide 33: Need more reasons ?

Slide 34: QDRO POP SEP OT 403(b) COBRA TEFRA TSA NQDC FLSA SDI EAP HRO HCM EFT EIC SIT FIT FUTA HRIS ESOP PTO HRIS FMLA ADA SIC DOL OSHA HIPAA PEO FICA OASI QJSA 457 EPLI TPA DDA FTE 125 NQPS EEOC SUI DEFCOMP LTD WT UL SUTA UCM

Slide 35: Think about it…

Slide 36: For more information visit: Centric or www.centricconsultinggroup.com www.thinkinghr.blogspot.com Sources: BusinessWeek, SmallBiz April/May 2007 Small Business Administration - www.sba.gov