From recruiting to retirement, HR leaders handle a variety of compliance issues related to employees. In today’s ever-changing landscape of HR laws and regulations, a critical area of HR that employers of all sizes must prepare for is compliance. This must be executed with little room for error.
Diversity and inclusion are more of a challenge today than ever before. With an increase in laws and regulations focused on workplace diversity, companies have had to drastically alter their recruiting and HR policies to keep up and meet the strict compliance standards in place today. Aside from staying compliant with the various employment laws as well as meeting the expectations of today’s workplace, having a diverse and inclusive workforce can have numerous positive impacts on a business and its employees.
Another topic that we have covered extensively on our blog was the extreme amount of uncertainty surrounding federal law and Affordable Care Act regulations in 2017. It’s expected that more of the same will occur throughout 2018. All this uncertainty is having significant impacts for employers and employees, especially when it comes to health insurance in the United States. With premiums rising to record highs, there’s even more uncertainty around what might happen at the end of this year.
Additionally, with the passing of the recent tax reform law, further compliance issues are likely to occur with regards to payroll over the next several months. For all federal law and ACA issues, it is critical for employers to stay up-to-date with the latest news and reach out for assistance when needed.
There’s no understating just how important employee benefits are today. Being able to offer a competitive benefits plan can make all the difference when it comes to hiring top talent. However, gaining access to these types of benefits can be a challenge for small businesses. Improving benefit plans and perks can lead to an increase in employee engagement, happiness, and wellbeing. They can also greatly assist with reducing employee turnover. Working with a HR Compliance Solution Provider can help small employers gain access to large-group level benefits that can help them better compete in today’s market.
We present to you, “Top 10 HR Compliance Solutions Providers - 2022.”
