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