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Why Outsource HR?

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Why Outsource HR?

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

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