Compliance with federal, state, and local workforce regulations can be daunting for small and midsized business owners. Nearly 60% of small business owners report difficulty understanding and managing government regulations. Many smaller businesses lack a full-time HR/payroll staff, so compliance responsibilities fall to the executive. The average small business owner spends $12,000 annually on compliance, and even costlier, 44% of owners spend 40 or more hours each year on compliance. That’s more than one week of every year spent focused on something other than growing your business.
In this executive guide, get an overview of U.S. employment laws and compliance requirements in the areas of talent management, compensation and payroll, benefits, and occupational safety. Then learn seven common ways businesses run into compliance trouble and eight best practices to help you improve compliance in your organization.
Hiring & Payroll
7 Common Employer Mistakes
8 Best Practices for Compliance
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