HR compliance is one of the most fundamental aspects of a company, like its computers, printers, and copiers, but it is one of the most important. Without that compliance, there are a number of risks that your company is exposed to. While staying compliant is a big job, it has many benefits for the company.
The heart of HR is making sure that employees have what they need. This can include privacy, information, accommodations, etc. It's also required to stay on top of the many changes that happen in HR and data privacy compliance. This privacy is a major need for employees, and HR has to make it a priority. With communication between HR and employees, it's possible to keep employees aware of their rights and HR personnel aware of the employees' needs. Regular communication will make it possible for everyone to get what they need as the company stays within compliance.
It's risky to make your company open to lawsuits and penalties. To avoid that kind of risk, HR should be given every resource they need to keep the company compliant. Being careful about policies and enforcement will give you a layer of protection when it comes to lawsuits for negligence or illegal decisions made by staff. Keep HR documenting their policies to have a paper trail of compliance.
When your company isn't in compliance with HR requirements, you can expect to have lawsuits brought against it. They may be few and far between for a small business, but one lawsuit can mean the difference between staying open and having to close the company. With all of the fees and fines related to non-compliance, as well as being open to lawsuits from current and former employees, the best financial choice is to get compliant and stay that way.
If you want to manage workplace risk and stay compliant, contact us to find out more about what we can do for your business.