Stay in Compliance
Some of the government regulations that an employer must comply with, include:
- Civil Rights Act-Title VII
- PPACA - Affordable Care Act
- ADAAA - Americans with Disabilities Act
- COBRA - Consolidated Omnibus Budget Reconciliation Act
- HIPAA - Health Insurance Portability and Accountability Act
- PRWORA - Personal Responsibility Work Opportunity Reconciliation Act
- FMLA - Family and Medical Leave Act
- FLSA - Fair Labor Standards Act
- ADEA - Age Discrimination in Employment Act
- OSHA - Occupational Safety and Health Act
- IRCA - Immigration Reform and Control Act
- WARN - Worker Adjustment and Retraining Notification Act
- ERISA - Employee Retirement Income Security Act
Need Safety Assistance? Find out more about the PEO Safety Information Coordinator program.
Most business owners try hard to keep up with employee administration, yet they don't know what it really costs to handle all the paperwork, conversations, phone calls, and time to stay in compliance with government regulations. The Small Business Administration (SBA) states that employee administration costs employers over $1000 per employee per year.
Business owners usually choose to handle employee administration one of two ways:
- Ignore the rules - hope nothing goes wrong. If it does, pay the penalties, fines, and/or lawsuits.
- Attempt to handle it internally and spend resources on activities that do not bring profits to the bottom line
The StreetSmart Solution outsources the employee administration activities and provides one solution for both worker's compensation and human resource administration.
Paperwork can be overwhelming
Complying with government regulations is a burden that every employer struggles with and few have mastered. Time spent internally on "administrivia" increases overhead and reduces profit margins. Regulations are complex and are beyond the abilities of most small business owners and their office help. Risks become dangerous when unqualified people are performing important administrative tasks.